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Sports Betting Gaming

Stinson LLP

Sportsbooks or Commodity Exchanges? The Rising Legal Tensions Between Sports Betting and Prediction Markets

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We have all seen the commercials with witty comedians and sports legends extolling how easy it is to pick up your phone and place a bet for your favorite sports team. That is, unless you live in a state where gambling on...more

Benesch

Cashing In On Preemption: Kalshi Lawsuits Preview the Future of Gambling Regulations

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Kalshi, a federally regulated event contract exchange, is challenging state gaming regulators in multiple courts to determine whether it should be governed solely by federal law or also by individual state gambling laws....more

Phelps Dunbar

Are Prominent NBA Arrests Anomalies or a Sign of Things to Come?

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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

Cozen O'Connor

Massachusetts AG Calls Kalshi’s Bluff in Illegal Sports Betting Suit

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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

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - September 2025

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

Troutman Pepper Locke

Kalshi Faces Regulatory Scrutiny and Litigation From Several Angles

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In addition to receiving cease-and-desist orders from several states (Arizona, Illinois, Montana, and Ohio), and ongoing litigation against New Jersey state gaming regulators in the U.S. Court of Appeals for the Third...more

WilmerHale

Legal Developments in the Gaming Industry: First Half of 2025

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We have seen dramatic evolution across the gaming industry throughout 2025. There have been noteworthy legal and regulatory developments for lottery couriers, prediction markets, sweepstakes casinos, and sports betting...more

Troutman Pepper Locke

The Right to Regulate: Kalshi, Federal Preemption, and the Fight for State Gaming Authority

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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

Fox Rothschild LLP

At Stake - June 5, 2025

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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

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

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

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

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

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

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

Holland & Knight LLP

Finland Proposes Sweeping Reform of Gaming Market with Open Licensing System

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The Finnish government has unveiled a draft law proposing a major overhaul of the country's gaming regulatory landscape. The proposed system, targeted for launch in January 2027, would usher in a new era of open competition...more

Womble Bond Dickinson

The Seminole Tribe of Florida wins in West Flagler Associates v. Haaland

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After three long years, the Seminole Tribe of Florida, a leader in the fight for Tribal gaming rights, appears to have just won its latest battle – this one over a Tribe’s ability to offer mobile sports betting throughout the...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

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

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - Week of May 6, 2024

Proposed Changes to Sports Betting in ConnecticutUnderdog and PrizePicks Return to FloridaFormer Iowa Collegiate Athletes File Lawsuit Against StateUpdate on Proposed College Prop Bet BansPennsylvania Bill Seeks to Prohibit...more

Fox Rothschild LLP

At Stake - April 2024

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Before delving into the exciting Illinois Gaming Board meeting, we wanted to remind those who may be interested that the IGB is seeking public comments and proposals for a potential video gaming rulemaking. The rule could...more

Foley & Lardner LLP

The Complex Terrain of the Video Game Industry: Challenges and Opportunities

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The video game industry is brimming with innovation, competition, and transformative technological advancements. As we look at the current state of this vibrant sector, it is evident there are both challenges and...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update – Week of April 1, 2024

Dean Serpa, the former deputy chief of staff for operations and administration to Governor Charlie Baker, was selected to serve as the next executive director of the Massachusetts Gaming Commission. Serpa will take over an...more

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