Daily Compliance News: August 11, 2025, The Boss Doesn’t Work Edition
TortsCenter Podcast | Episode 8 | Gambling and Harassment: Wyoming’s Game-Changing Ban
TortsCenter Podcast | Episode 5 | Higher Standards or Higher Stakes
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
Peer-To-Peer Sports Betting Exchanges With Joe Caputi, Director of Compliance, Prophet Exchange
Orrick Public Policy Podcast #26 – A Conversation with the Minnesota State Senate Majority Leader Jeremy Miller
WorldSmart: The Legal & Business Side of Football ("Soccer")
Wanna Bet? Gambling in Esports
5 Key Takeaways | The Maze of Laws, Rules, and Regulations at the Intersection of Gambling, Gaming, Sports Betting, and Fantasy Sports
The multiplying lawsuits being brought to challenge or defend the lawfulness of trading sports event contracts on Commodity Futures Trading Commission (“CFTC”) designated contract markets (“DCMs”) have led to a diversity of...more
Minnesota AG Keith Ellison sent letters to 14 operators of allegedly illegal gambling websites directing them to stop offering online gambling to Minnesota residents, citing potential violations of state consumer protection...more
In this week’s Film Room, we examine the heightened risks of sports betting applicable to the college game and measures institutions can take to keep them in check....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
Gambling and sports have been intertwined since the inception of athletic competition. However, when money enters the equation, particularly in games with unpredictable outcomes, fairness and sportsmanship become critical...more
On October 8, 2025, the NCAA Division I Administrative Committee adopted a proposal that would allow for student-athletes and athletics department staff members to bet on professional sports. The rule change will take effect...more
For the first episode of Wicked Coin’s second season, hosts Tatiana Sainati and Diana Shaw are joined by special guest Colin Cloherty, a Wiley associate, former NFL player, and federal prosecutor, who helps them unravel the...more
Across U.S. sports betting markets, Kalshi remains a topic of debate. The core question: does Kalshi legally offer sports event contracts within federally regulated financial prediction markets, or does Kalshi operate illegal...more
Massachusetts AG Andrea Joy Campbell has sued KalshiEX LLC (Kalshi), an online prediction market, for allegedly violating state gambling laws. The complaint accuses Kalshi of unlawfully offering sports wagering to...more
The Illinois Gaming Board held its monthly meeting on Thursday, Sept. 11, 2025. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and via livestream. Board members present at this...more
CFTC and SEC Look to Converge on Prediction Markets - Prediction market platforms, which offer futures contracts on sports and events, may soon face oversight from both the Commodity Futures Trading Commission (“CFTC”) and...more
Morrison Foerster’s State and Local Government Task Force is pleased to provide our bimonthly newsletter summarizing some of the most important and interesting developments from state attorneys general (“State AGs”) across...more
On July 3, 2025 California Attorney General Rob Bonta issued an official opinion deeming fantasy sports platforms illegal in the state, regardless of where the operators and associated technology are located. The decision...more
The NCAA Division I Council has proposed a rule change to permit student-athletes and institutional staff to place bets on professional sports. If adopted, this change would mark a significant shift from the NCAA’s...more
A lawsuit between KalshiEx LLC (Kalshi) and New Jersey state gaming regulators in the Third Circuit is testing the balance between federal commodities regulation and state authority regarding sports betting. Kalshi operates...more
Back in February, a limited liability company filed a lawsuit against the five companies licensed to operate online sports betting in the District of Columbia (“District” or “D.C.”). The case invokes an old section of the...more
The Illinois Gaming Board (IGB) held its monthly meeting on Thursday, June 5, 2025. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and availability via livestream. Board...more
Peer‑to‑peer sports event contracts have surged in popularity. Kalshi, a U.S.-based prediction market, reported that its sports event contracts yielded $249 million through the first two rounds of the NCAA Basketball...more
Kalshi's sports betting prediction market, in partnership with Robinhood, has seen significant success, reporting $249 million in contracts during the first two rounds of the NCAA College Basketball Tournament. Kalshi's...more
Indiana Attorney General (AG) Todd Rokita recently partnered with the Indiana Gaming Commission to alert consumers about advertisements for illegal gambling....more
With March Madness approaching, some employers may wish to get in on the action by sponsoring bracket pools to boost employee camaraderie or strengthen relationships with customers or clients. ...more
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
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
The Missouri Gaming Commission's plan to implement emergency rules for sports wagering has been delayed due to a dispute with the Missouri Secretary of State, Denny Hoskins. Hoskins rejected the emergency rules, stating there...more
The emergence of event-based trading platforms such as KalshiEX LLC and Crypto.com/Nadex has sparked a heated regulatory and policy debate over the boundaries of financial derivatives, speculation and gambling. Both platforms...more