News & Analysis as of

Fantasy Sports

Klein Moynihan Turco LLP

Major Updates to Google Gaming Advertising Regulations Take Effect July 15!

As of today, July 15, 2024, Google gaming regulations contain significant revisions. The Google Ads policy for daily fantasy sports (“DFS”) operators now enable them to run advertisements in many markets across the United...more

Blank Rome LLP

Google Modifies Ad Policy to Benefit Daily Fantasy Sports and Lottery Couriers

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Google has set the stage for a transformative change slated for July 15, 2024, providing a roadmap to extend Google Ads to daily fantasy sports (“DFS”) operators and lottery courier services across numerous U.S. states. A...more

Mayer Brown

Brazil Passes ‘Legal Framework for Games’ Legislation

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In early May, Brazil’s Law No. 14,852/2024 (the “Legal Framework for Games” or the “Framework”) was published. Originating as Bill No. 2796/2021, the legislation provides the necessary legal framework for the burgeoning...more

A&O Shearman

New York Court Of Appeals Clarifies Application Of Internal Affairs Doctrine But Reverses Dismissal Of Fiduciary Duty Breach...

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On May 23, 2024, the New York Court of Appeals reversed the dismissal of breach of fiduciary duty claims brought by former shareholders of a fantasy sports company (the “Company”) against its directors and other defendants...more

Klein Moynihan Turco LLP

New York Senator Introduces Novel Fantasy Sports Law Amendments

On April 11, 2024, New York Senator Joe Addabbo introduced a bill proposing major changes to New York’s fantasy sports law. S9044 seeks to alter the landscape of fantasy sports contests in New York in several ways. As our...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - Week of May 20, 2024

The Commodity Futures Trading Commission (CFTC) recently voted to issue a new rule proposal which would serve to ban event contracts on political elections, as well as sporting events, awards, and more. The CFTC has...more

Proskauer Rose LLP

Three Point Shot - May 2024

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Mischief Afoot: Vans Kicks MSCHF’s Main Defense to Trademark Infringement to the Curb in Art Sneaker Dispute - If the shoe fits, wear it. Or so the Second Circuit mused in a recent decision, in which it “re-boxed” an art...more

Stinson LLP

In Florida and Elsewhere, Officials Target Latest Fantasy Sports Games

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A crackdown on online "pick'em"-style contests in Florida could be a sign of what's to come as state regulators struggle to keep up with the rapidly changing world of daily fantasy sports and legalized sports wagering....more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 25 - February 2024

The Georgia State Capitol hallways and hoppers continued to overflow on Thursday. Law Enforcement Day at the Capitol converged with an onslaught of hundreds of charter school students to fill the People’s House with Georgians...more

Klein Moynihan Turco LLP

Fantasy Sports Law $15M Penalty

As our readers are aware, last October, the New York State Gaming Commission (“GC” or the “Commission”) adopted New York Rule 5602.1(a)(4), a law outlawing fantasy sports contests, such as “pick’em games,” that are based on...more

Holland & Knight LLP

Florida Gaming Control Commission Turns a Critical Eye Toward Fantasy Sports Operators

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The Florida Gaming Control Commission (FGCC) has taken a significant step by issuing cease-and-desist letters to three online fantasy sports operators. Though this marks the FGCC's first action against the online fantasy...more

ArentFox Schiff

ArentFox Schiff Issues the First Global Definitive Legal Guide for Industries Navigating AI

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Artificial intelligence promises to transform the way we live and work and its impact will undoubtedly stretch to every business sector across the globe. This next generation of technology brings exciting possibilities and...more

ArentFox Schiff

How AI is Changing the Sports Industry

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Much has changed since the “Moneyball” theory revolutionized how technology is used throughout the sports industry and influenced the way fans and experts consume and analyze sports. As is the case in other industries, the...more

Perkins Coie

Mapping Future Enforcement in US Gaming Law Based on Recent UK Enforcement

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Regulated gaming is booming in the United States. This is particularly true of newer forms of gambling, such as skill games, fantasy sports, and social casino games played on the internet and mobile applications. In fact,...more

Fox Rothschild LLP

Vermont Legalizes Sports Wagering and Fantasy Sports Contests: What You Need To Know

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Vermont Governor Phil Scott recently signed into law H. 127, legalizing online sports wagering and fantasy sports contests in the state. Online sports wagering is expected to start no later than January 2024. Under the...more

K2 Integrity

Cryptoassets and the Premier League: Are the Premier League and Its Member Clubs Protecting Fans’ Interests?

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The Collins Dictionary word of the Year for 2021 was NFT (Non-Fungible Token), defined as “a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an artwork or a...more

Nelson Mullins Riley & Scarborough LLP

[Webinar] FinTech University: FinTech and Sports - May 2nd, 2:00 pm - 3:00 pm EDT

Join us for the next edition of FinTech University as we focus on FinTech and Sports. This webinar will provide an overview of how FinTech and gaming intersect, including casino gaming, sports betting, and fantasy sports...more

Nelson Mullins Riley & Scarborough LLP

Fantasy Sports Operators Subject to New Massachusetts Tax

The recent passage of new emergency regulations clarifies contest operators’ responsibilities in the Commonwealth. The Massachusetts sports betting bill (“H.5164”) was signed into law in August 2022 by Governor Charlie...more

Proskauer Rose LLP

Three Point Shot - May 2022

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Welcome to Three Point Shot, a newsletter brought to you by the Sports Law Group at Proskauer. Three Point Shot brings you the latest in sports law-related news and provides you with links to related materials. We hope you...more

Foley & Lardner LLP

A Potential New Paradigm for Daily Fantasy Sports

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Since the recent debut of mobile sports gambling in New York, citizens have started wagering on the production of skilled players to lead their bets to victory. More recently, however, “skilled” players of another kind scored...more

Morrison & Foerster LLP

New York Court of Appeals Rules Daily Fantasy Sports Are Not Gambling

On March 22, 2022, the New York Court of Appeals (the “Court”) issued a decision that brought to a close the long-running litigation contesting the legality of Interactive Fantasy Sports (often referred to as “Daily Fantasy...more

White and Williams LLP

NY Court of Appeals Rejects Constitutional Challenge to Daily Fantasy Sports Law, Reversing Lower Court Rulings

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On March 22, 2022, the New York Court of Appeals held that the historical prohibition on “gambling” in Article I, §9 of the New York Constitution does not encompass skill-based competitions like daily fantasy sports (DFS)...more

Blank Rome LLP

New York Court of Appeals Implements Constitutional Standard for Judging Games of Chance; Confirms Constitutionality of...

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In a widely anticipated decision for fantasy sports operators and their customers, the New York Court of Appeals has ruled that Article 14 of the Racing, Pari-Mutual Wagering and Breeding Law (“Article 14”), which authorized...more

Verrill

Second Circuit Tells DraftKings Participants Cheating is Part of Sports – Get Over it

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You read that right. The exact quote from the Second Circuit’s March 21, 2022 decision in Olsen v. Major League Baseball, Docket No. 20-1831, reads as follows:...more

Kilpatrick

5 Key Takeaways From ANA/BAA Marketing Law Conference - Rapid Changes in Gaming, Gambling, and Fantasy Sports Law

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Barry M. Benjamin, managing partner of the New York office and chair of Kilpatrick Townsend’s Advertising and Marketing group, was honored to present at the 2021 ANA/BAA Marketing Law Conference. The session, titled “Gaming,...more

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