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Sports Betting

Kaufman & Canoles

K&C Sports & Entertainment Law Weekly Roundup - April 2025 #4

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Jack Nicklaus just scored a $1 million win in a New York court, striking back against his former company’s attempt to control his personal brand....more

Cozen O'Connor

Cozen Cities - April 16, 2025

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BALTIMORE—City Files Lawsuit Against DraftKings, FanDuel - The City of Baltimore filed a lawsuit against DraftKings and FanDuel, alleging that the sports betting companies exploit vulnerable gamblers through promotional...more

Sheppard Mullin Richter & Hampton LLP

Redrawing the NIL Playbook: Key Legal Takeaways from MLB Players Inc. v. DraftKings and Bet365

The recent decision by U.S. District Judge Karen Marston in MLB Players Inc. v. DraftKings and Bet365[1] represents a pivotal development in the legal landscape surrounding name, image, and likeness (NIL) rights. The ruling...more

ArentFox Schiff

The High Stakes of NILs: MLB Players Inc. Challenges DraftKings and bet365 Over NIL Rights

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In a legal clash between MLB Players Inc. (MLBPI) and sports betting companies, DraftKings and bet365, the US District Court for the Eastern District of Pennsylvania denied the defendants’ motions to dismiss....more

K&L Gates LLP

Talking Sports Law: A Conversation with Former Executive Vice President and General Counsel of Seattle Mariners Fred Rivera

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On this episode of Talking Sports Law, host John Wilson and co-host Trevor Gates are joined by Fred Rivera, former Executive Vice President and General Counsel of the Seattle Mariners. Rivera describes his time with the...more

Venable LLP

Bet the Company: Are Sports Gambling Class Actions the Next Tobacco?

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In 2018, the Supreme Court struck down a decades-long federal ban on sports betting in Murphy v. Nat'l Collegiate Athletic Assoc. Prior to Murphy, anyone seeking to place a bet on a sporting event generally had to live in or...more

Morgan Lewis

Private Equity Investments in the Sports Arena: A Growing Opportunity

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In recent years, the sports industry has become an increasingly attractive area for investment, driven by new opportunities, evolving regulations, and a growing global fan base. As private equity firms, sovereign wealth...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

Troutman Pepper Locke

Indiana AG and Gaming Commission Warn Consumers About Illegal Gambling Ads

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Indiana Attorney General (AG) Todd Rokita recently partnered with the Indiana Gaming Commission to alert consumers about advertisements for illegal gambling....more

McNees Wallace & Nurick LLC

Employers’ Game Plan for Managing March Madness at Work

As winter turns to spring, the NCAA men’s and women’s college basketball tournaments are in full swing. March Madness is often viewed as an excellent way to build team spirit in the workplace — a little friendly competition...more

WilmerHale

Sports and Gaming Law 2024 Year in Review: Top Five Developments

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The sports industry experienced a year of considerable change in 2024, creating opportunities for athletes, sportsbooks, teams, and investors. This article highlights five of the main developments in 2024: developments in...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

March Madness Bracket Pools in the Workplace: Legal Compliance Tips Before Tip-Off

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

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

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - March 2025

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

Holland & Knight LLP

Election Contracts and Sports Event Contracts: The Future of Regulated Event-Based Trading

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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

Winthrop & Weinstine, P.A.

Legislative Top 5 - February 2025

House Organizes (Finally!) - After more than three weeks of Democrat members boycotting session to deny quorum and multiple lawsuits playing out in the Court system, the DFL and GOP leaders of the Minnesota House of...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

Offit Kurman

Sports Betting in the Workplace: Ensuring the Super Bowl and March Madness Don't Cause Legal Madness and Super Problems

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It’s the season for sports betting excitement, with the Super Bowl upon us and March Madness just around the corner. Your employees are likely buzzing with talk of squares, brackets, and maybe even some secret side bets....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Big Game, Big Distractions: Navigating Employment Issues During the Super Bowl

A new national holiday? If football fans had their way, the day after the Super Bowl would be declared work-free! Millions of football fans across the United States will be tuning into the Super Bowl on Sunday, February 9,...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

Brownstein Hyatt Farber Schreck

Kalshi v. CFTC Challenges Contracts on Political Events

On Jan. 17, 2025, the United States Court of Appeals for the District of Columbia (D.C. Circuit) heard oral argument in KalshiEx v. CFTC. At issue is KalshiEx LLC’s (Kalshi) ability to list political event contracts for...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

Ankura

Challenges Ahead for Sports Integrity in Saudi Arabia: What Can the Kingdom Learn From Mistakes Elsewhere?

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It seems almost certain that, in December 2024, FIFA will confirm the award of the rights to host the 2034 FIFA World Cup to The Kingdom of Saudi Arabia. Assuming that this happens, it will be a major milestone in the...more

Segal McCambridge

The Rise of Online Abuse in Collegiate Sports: Lessons from the NCAA Threat Matrix Pilot Study

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Online abuse in sports has reached alarming levels, targeting athletes, coaches, and officials, especially during high-profile events. Recognizing the growing threat, the National Collegiate Athletics Association (NCAA)...more

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