Game On: Navigating the Legal Landscape of Sports Wagering — Regulatory Oversight Podcast
A New Solution for Online Gambling Companies with Eric Frank, CEO, Odds On Compliance
5 Key Takeaways | The Maze of Laws, Rules, and Regulations at the Intersection of Gambling, Gaming, Sports Betting, and Fantasy Sports
II-26 – Superbowl Concerns, Tax Reform/MeToo, Restrictive Covenant Crimes, and Expanded Religious Discrimination Theories
On December 30, 2023, President Luiz Inácio Lula da Silva sanctioned, with vetoes, Law No. 14,790, which regulates fixed-odds betting on sports in real or virtual events (e-sports). Law 14.790/2023 consolidated aspects...more
In recent years, New Jersey lawmakers and gaming authorities have taken steps to establish the state as a major hub for the Esports industry in the United States. In 2021, the legislature amended New Jersey’s sports betting...more
After months of negotiations, the Ohio Legislature recently passed HB 29 to legalize and regulate sports betting. Passed on December 8, 2021, the bill is now headed to the desk of Ohio Governor Mike DeWine, who previously...more
On June 8, 2021, legislation was introduced in the Pennsylvania House of Representatives that would legalize esports betting statewide. Pennsylvania’s sports wagering statute, as currently written, permits wagering on any...more
At the end of March – amid the first wave of COVID-19-related shutdown orders – an esports record was broken when 1.3 million broadcast television viewers tuned in to watch professional NASCAR drivers compete in a virtual...more
The Securities and Exchange Commission (SEC) announced on September 15, 2020, that it charged online esports gaming and gambling platform Unikrn with violations of Section 5 of the Securities Act of 1933 (Securities Act) for...more
During the first few months of the COVID-19 lockdown, with virtually all major sporting events cancelled, sports betting and gambling companies turned their eyes toward the esports universe in search of a solution. While...more
Leveraging its long history and extensive experience in all aspects of the sports arena, the Foley Sports Industry Team is actively immersed in the booming esports industry. Our Esports Insights and Trends will be a recurring...more
For the last several years, eSports contests have been filling arenas throughout the world. eSports viewership and associated cash prizes now rival those of professional sports. Top teams win millions of dollars in a single...more