News & Analysis as of

Sports Betting Regulatory Oversight

Cozen O'Connor

Minnesota AG Goes All In to Shut Down Allegedly Illegal Gambling Sites

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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

Brownstein Hyatt Farber Schreck

Nevada Gaming Control Board Issues Guidance Concerning Sports Event Contracts

In the midst of its ongoing litigation with three leading prediction market companies, also known as “designated contract markets” or[JS1]  “DCMs,” the Nevada Gaming Control Board (“NGCB” or “Board”) recently issued guidance...more

Fox Rothschild LLP

Betting On It: NCAA To Permit Professional Sports Gambling

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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

Alston & Bird

CFTC Advisory 25-36 Warns of State-Level Challenges to Sports-Event Contracts—What Market Participants Should Know

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Our Investment Funds Team outlines key takeaways from Commodity Futures Trading Commission’s (CFTC) Staff Advisory 25-36 that offers guidance to trading platforms and investment managers involved in sports-related event...more

Troutman Pepper Locke

Massachusetts AG Sues Kalshi, Highlighting Unresolved Questions About Predictive Market Contracts

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Massachusetts Attorney General (AG) Andrea Joy Campbell recently filed a lawsuit in Suffolk Superior Court against KalshiEX LLC (Kalshi), an online prediction market platform, alleging that the platform runs an illegal sports...more

Snell & Wilmer

Prediction Markets on Trial: Kalshi, Robinhood, and the Legal Crossroads of Sports Betting

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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

Fox Rothschild LLP

At Stake - September 11, 2025

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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

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

Venable LLP

Chalk Talk: Are Sports Prediction Markets Just Unregulated Gambling in Disguise?

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Welcome to Chalk Talk, your legal playbook for the ever-evolving sports industry. Each month, our Sports Law team will draw up the X's and O's behind the legal, policy, and regulatory issues impacting your business. We'll...more

Fox Rothschild LLP

At Stake - July 2025

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The Illinois Gaming Board (IGB) held its monthly meeting on Thursday, July 31, 2025. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and via livestream. Board members present at...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

Cozen O'Connor

Cozen Cities - May 28, 2025

Cozen O'Connor on

BALTIMORE—City Seeks Return of Sports Betting Lawsuit to Local Court - The City of Baltimore is requesting that its consumer protection lawsuit against DraftKings and FanDuel be moved back to Baltimore City Circuit Court,...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - Week of March 24, 2025

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

Cozen O'Connor

Sports Betting Companies Pay $6.5 Million for Allegedly Conspiring to Violate D.C. Laws

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District of Columbia AG Brian Schwalb has settled with Intralot, Inc. and Veterans Services Corporation (VSC) to resolve an investigation into allegations that the companies deceived city officials in violation of the...more

Segal McCambridge

TortsCenter Podcast | Episode 5 | Higher Standards or Higher Stakes

Segal McCambridge on

In this episode of TortsCenter, hosts Carla Varriale-Barker and Courtney Dunn welcome Jason Van’t Hof, the Vice President of Investigations at IC 360. Jason shares his extensive experience in monitoring integrity in sports...more

Troutman Pepper Locke

US Supreme Court Stays Order Upholding State Gaming Compact Giving Florida Seminole Tribe Exclusive Sports Betting Rights

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In an interim order, the U.S. Supreme Court has temporarily stayed an order by the D.C. Circuit Court of Appeals upholding a gaming compact between the state of Florida and the Seminole Tribe of Florida, which would allow the...more

Troutman Pepper Locke

Massachusetts Gaming Commission Fines Sports Betting Operators for Violating Gaming Commission Regulations

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The Massachusetts Gaming Commission recently issued decisions resulting in fines for three of the state’s sports betting operators — MGM Springfield, Plainridge Park Casino, and Encore Boston Harbor. These operators were...more

Troutman Pepper Locke

Understanding the NCAA’s New Gambling Guidelines: Permanent Bans and Reinstatement Policies

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The world of sports gambling has undergone a transformative shift in recent years, with the widespread legalization of betting in numerous states. The Supreme Court’s 2018 ruling striking down the Professional and Amateur...more

Foley Hoag LLP

To Temporary or Not to Temporary

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On September 22, 2022, the Massachusetts Gaming Commission (“Commission”) convened an in-person roundtable to solicit feedback from industry on the launch of mobile sports wagering platforms in the Commonwealth. It was clear...more

Verrill

Gambling 101: The Vice That's Getting More Nice

Verrill on

Gambling and more particularly the regulation of gambling has been part of the United States before we were even the United States. Societal standards and the need for revenue have largely shaped the history of legal gambling...more

White and Williams LLP

Ohio Legislature Passes Retail and Online Sports Betting Bill

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This past Wednesday, December 8, the Ohio state legislature passed a bill that would legalize retail and online betting on college, professional and esports. Ohio Governor Mike DeWine has indicated he will sign the bill in...more

Butler Snow LLP

What You Need to Know About Online Sports Betting

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Over the past few years the sports betting industry has completely transformed due to the ability to wager in multiple states and, in some of those states, wager online. Historically, Nevada was the only state to have legal...more

Hogan Lovells

Germany opens online sports betting market for private operators on 1 January 2020

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The third amendment to the German State Treaty on Gaming (GlüStV) will come into force on 1 January 2020. Private operators of online sports betting platforms will now be given the opportunity to apply for a licence for the...more

Robinson+Cole Data Privacy + Security Insider

Virginia first state to pass fantasy sports consumer protection legislation

The new Virginia Fantasy Contests Act regulates consumer privacy on fantasy sports game websites, like DraftKings and FanDuel, and also requires fantasy sports companies to pay a licensing fee in Virginia to pay for the cost...more

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