News & Analysis as of

Gambling Gaming

Fenwick & West LLP

Pixels, Pennies, and Punishments: Virtual Currency Costs Company $25M

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The house doesn’t always win—a federal jury awarded nearly $25 million in damages to a class of consumers in Washington State after a district court in Larsen v. PTT, LLC determined that certain “social casino” games operated...more

Brownstein Hyatt Farber Schreck

Federal and State Gambling Laws Loom Large in Determining the Future of Sports Prediction Markets

As some companies in the so-called “predictions market” have begun to offer event futures contracts on sporting events, including the most recent Super Bowl, many observers are questioning whether these offerings are really...more

Klein Moynihan Turco LLP

NY Fantasy Sports Operator Accused of Running Illegal Betting Platform

Last week, a putative class action Complaint was filed against a major fantasy sports company in the United States District Court for the Eastern District of New York. In Ballentine v. Underdog Sports, LLC, Plaintiffs allege...more

Sheppard Mullin Richter & Hampton LLP

Social Casino Sweepstakes Model is Under Fire – What Game Companies, Payment Processors and App Stores Need to Know

Social casino games remain incredibly popular and profitable. This success has drawn attacks from plaintiffs’ class action lawyers in the form of gambling loss recovery lawsuits and other consumer-based actions. Some have...more

Sheppard Mullin Richter & Hampton LLP

Operating Social Casino-Style Applications Continues to be Costly in Washington State

In the latest string of gambling cases involving social casino-style apps out of Washington state, a federal jury has awarded a class of players nearly $25 million for injuries arising from the use of two of High 5 Game’s...more

Fox Rothschild LLP

At Stake - February 6 2025

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The Illinois Gaming Board (IGB) held its monthly meeting, and the first meeting of 2025, on Thursday, Feb. 6, 2025. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and via...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update – January 2025

Acting Chair Named for CFTC Opens Door to Event Contracts While Departing Chair Cautions Against Expansion Commissioner Caroline D. Pham has been named as Acting Chair of The Commodity Futures Trading Commission, effective...more

Snell & Wilmer

Seven California Tribes Sue California Card Rooms Over Banking Mechanisms for Card Games

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Nearly one hundred (100) “[d]efendants brazenly profit from illegal gambling” in California, according to a legal complaint filed by seven (7) casino-owning Native American tribes in the Superior Court of California in...more

Segal McCambridge

TortsCenter Podcast | Episode 8 | Gambling and Harassment: Wyoming’s Game-Changing Ban

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In this episode of the TortsCenter Podcast, titled "Gambling and Harassment: Wyoming’s Game-Changing Ban," Carla Varriale-Barker and Courtney Dunn delve into the Wyoming Gaming Commission’s recent decision to ban gamblers who...more

Troutman Pepper Locke

12 Days of Regulatory Insights: Day 12 - Redefining Online Gaming — Regulatory Oversight Podcast

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In the 12th and final episode of our 12 Days of Regulatory Insights podcast series, Cole White, a member of Troutman Pepper's Regulatory Investigation, Strategy, and Enforcement (RISE) practice group, is joined by Stephen...more

Fox Rothschild LLP

At Stake - December 2024

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The Illinois Gaming Board (IGB) held its monthly meeting, its last meeting of 2024, on Thursday, Dec. 12, 2024. The meeting was hybrid with in-person accessibility for those who braved the cold at 160 N. LaSalle St., 5th...more

Cooley LLP

Gaming Industry Does Not Owe General Duty of Care to Customers

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In a significant judgment for the gaming industry, the High Court of England and Wales held in Gibson v. TSE Malta LP (t/a Betfair)[1] that gambling operators do not owe a general duty of care to their customers to prevent...more

BakerHostetler

Promotions Trends to Look for in 2025

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As a whirlwind 2024 draws to a close, we here at BakerHostetler are reflecting on the promotions trends we’ve seen this year and what we predict you will see more of in 2025. Below, we pinpoint those trends and share some...more

Awatif Mohammad Shoqi Advocates & Legal...

The Establishment of the General Commercial Gaming Regulatory Authority (GCGRA): A Transformation of the Gaming Industry in the...

In a significant regulatory development, the UAE has established the General Commercial Gaming Regulatory Authority (GCGRA). The GCGRA’s creation signals a shift in the legal landscape of commercial gaming in the region,...more

Morrison & Foerster LLP

CFTC Efforts to Regulate Election Betting

As election season peaks, derivatives trading platforms are listing “election contracts,” which enable purchasers to bet fiat and crypto on the outcome of U.S. presidential and other elections. Election contracts are a type...more

Lowenstein Sandler LLP

Place Your Bets, For Now: Kalshi’s Election Contract Market Goes Live After Court of Appeals Denies CFTC’s Motion to Stay

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On September 12, 2024, Judge Jia Cobb of the U.S. District Court for the District of Columbia (the Court) formally issued a memorandum opinion (the Order) in favor of KalshiEX LLC (Kalshi), a prediction market registered with...more

Womble Bond Dickinson

New Market, Old Rules: United Arab Emirates Opens Doors to Gambling Industry with Regulations Similar to U.S. Jurisdictions

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The United Arab Emirates (UAE) is taking the plunge into gambling, with the publication of commercial gaming regulations and licensing materials. The good news for interested investors and licensees is that the regulatory and...more

BakerHostetler

District Court Charts Pathway for Election Gambling

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Kalshi is a CFTC registered exchange that allows for the placing of cash bets on a variety of real-world events. Specifically, through what it calls “event contracts,” Kalshi allows users to buy positions on whether an event...more

BakerHostetler

When Is a Pay-to-Play Game Gambling?

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As of relatively recently, gambling was generally prohibited in the United States. You could visit a casino in places like Las Vegas, participate in some state lotteries, and buy tickets for charitable raffles, but options...more

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

Fox Rothschild LLP

At Stake - June 2024

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The Illinois Gaming Board (IGB) held its monthly meeting on Thursday, June 6, 2024. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and via livestream. Board members present at...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

Blake, Cassels & Graydon LLP

La Cour a tranché : Le modèle de Jeux en ligne Ontario est conforme au Code criminel

Le 13 mai 2024, la Cour supérieure de justice de l’Ontario (la « CSJO ») a rendu sa décision dans l’affaire Mohawk Council of Kahnawà:ke v. iGaming Ontario, dans laquelle elle tranche en faveur de la province de l’Ontario et...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

Blake, Cassels & Graydon LLP

Ontario’s iGaming Model Complies with Criminal Code, Court Rules

On May 13, 2024, the Ontario Superior Court of Justice (ONSC) released its decision in Mohawk Council of Kahnawà:ke v. iGaming Ontario, ruling in favour of the province of Ontario and iGaming Ontario. The Court found that...more

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