Podcast - The Godfather of Houston
New York AG Letitia James sued Coinbase Financial Markets, Inc. and Gemini Titan, LLC, alleging that the companies operated unlicensed “prediction market” platforms that constituted illegal gambling operations in New York....more
The prominence of prediction markets in the public eye has exploded over the last two years. Until recently, however, there has been no clear legal path for their operation in Canada. In the first of two recent developments,...more
Where Are the Budget Targets? With the House and Senate approaching the April 17 third committee deadline for finance bills, it is highly unusual that neither the House nor Senate has released committee budget targets....more
Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: • FTC Says OkCupid’s Data Sharing Was a Bad Match - •...more
On March 17, 2026, Arizona Attorney General Kris Mayes filed criminal charges against KalshiEX LLC in Maricopa County Superior Court, marking the first criminal prosecution ever brought against a CFTC-registered prediction...more
Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: • Democratic AGs Sue over University Data Mandate - •...more
In yet another state legislative action targeting sweepstakes gaming operators and related entities, the Governor of Indiana recently signed into law House Bill 1052 ("HB 1052"), which will become effective on July 1, 2026....more
Arizona AG Kris Mayes filed criminal charges against KalshiEx LLC and Kalshi Trading LLC for allegedly operating an unlicensed gambling business that accepted illegal wagers on professional and collegiate sports, legislative...more
Welcome to Wiley’s update on recent developments and what’s next in consumer protection enforcement and regulation. We cover developments with the Federal Trade Commission (FTC), the Consumer Financial Protection Bureau...more
A recent federal indictment in United States v. Smith, et al. alleged a multiyear point‑shaving and illegal sports betting scheme involving dozens of current and former Division I men’s basketball players from at least 17...more
You walk into a gas station to pick up your favorite road trip treats and a drink to keep you alert. While making your selections, your attention is drawn to a sight familiar to many: flashing lights and animations that pull...more
On November 18, two prominent sports wagering and fantasy sports operators announced that they are leaving the American Gaming Association (AGA). The AGA is the leading trade group for casinos, gaming manufacturers, and...more
Integrity of professional sports leagues, and the gaming industry, is paramount to all involved: fans, league offices, teams, players, officials, investors, and anyone else that consumes the content. It is a key driver – if...more
The recent arrests of Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier in connection with federal gambling and organized crime probes in the Eastern District of New York (EDNY) have been...more
The Federal Bureau of Investigation (FBI) has announced charges against dozens of individuals accused of participating in two large-scale illegal sports betting and gambling operations. Those charged reportedly include...more
On July 30, 2025, former NBA star Gilbert Arenas was federally indicted for allegedly operating a high‑stakes illegal poker ring from his Encino mansion, alongside five co-defendants—including a suspected member of an Israeli...more
In the 100th episode of "The Trial Lawyer's Handbook" podcast series, litigation attorney Dan Small introduces his listeners to Sam Cammarata, a career criminal who tried to follow his dreams and become the "Godfather of...more
New York AG Letitia James sent cease-and-desist letters to 26 online sweepstakes casino platforms alleging that they engage in prohibited gambling activity. In the letters, the AG demands that the virtual “sweepstakes...more
We have previously posted on some of the recent legal issues with social casino sweepstakes. See Social Casino Sweepstakes Model is Under Fire – What Game Companies, Payment Processors and App Stores Need to Know. Various...more
Indiana AG Todd Rokita has issued a warning to consumers about illegal gambling websites and social media ads that pose as licensed Indiana casino companies. The AG explained that unauthorized gambling websites are illegal...more
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
Ninth Circuit Does Flip Turn, Reversing Antitrust Case Against World Aquatics - In a decision that is making waves through the world of competitive swimming, the Ninth Circuit reversed a California district court’s grant...more
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
The Nevada Gaming Control Board (“Board”) recently filed a complaint (“Complaint”) against Resorts World Las Vegas casino (“Resorts World”), alleging that, despite repeated red flags, Resorts World’s Anti-Money Laundering...more
Friendship only goes so far, at least in the case of the Los Angeles Dodgers’ baseball superstar Shohei Ohtani (“Ohtani”), and his former interpreter and de facto personal manger, Ippei Mizuhara (“Mizuhara”). On April 11,...more