News & Analysis as of

Raffles Prizes

Verrill

Tesla’s Cybertruck Raffle

Verrill on

Examining loyalty points used for chance promotions - On May 11, 2023, @BabyTesla3 sent out a Tweet: NEW: Tesla has revamped the Referral program and introduced a new loyalty program! Here’s what you need to know •...more

Verrill

The Raffle: A Calvin to the Sweepstakes Hobbes

Verrill on

Every six-year-old boy, at some time in his short life, comes up with the idea of running a raffle as an ingenious way of earning some easy money. It is then left to his sardonic stuffed animal friend to counsel him on the...more

Verrill

Sweepstakes for Charity: Try Your Luck at Avoiding Regulators:

Verrill on

Sometimes doing good isn’t easy. Say you’re a company that wants to run a sweepstakes by asking entrants for donations to charity. Sounds simple. Everyone will think you’re an A-1, socially conscious brand that isn’t even...more

Fox Rothschild LLP

Think First Before You Raffle Off That Animal

Fox Rothschild LLP on

A disturbing new trend has been developing on Facebook: raffling off animals. For example, a well-bred registered Quarter Horse yearling was recently offered for sale through a raffle on a local North Carolina equestrian...more

Allen Matkins

Author Wagers Prize Linked Savings Accounts Are Not Lotteries

Allen Matkins on

Recently, I wrote about Senator Josh Newman attempt to legalize prize linked savings accounts in California. Senator Newman's bill, SB 1055, would allow a bank or credit union to offer prizes if, among other things...more

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