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CFTC Predicting Litigation Success over Multiple State
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June 8, 2026
CFTC Predicting Litigation Success over Multiple State
By: John Mikuta
Through recent litigation actions, the Commodity Futures Trading Commission (“CFTC”) continues to stake out an aggressive position in the fight over who has the authority to regulate prediction markets. On May 18, 2026, Minnesota Gov. Tim Walz signed into law SF 4760, an omnibus public safety bill that made it a felony to operate or assist in operating a prediction market.[1] The next day, the CFTC filed a lawsuit against the State of Minnesota, seeking a preliminary injunction to prevent the law from taking effect on August 1, 2026.[2] Kalshi, the world’s largest prediction market,[3] also filed a lawsuit of its own.[4] The new Minnesota law broadly defines a “prediction market” as “a system that allows consumers to place a…
Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call
May 26, 2026
Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call
By: Ifrah Law
Michelle Cohen guides and defends Ifrah Law’s iGaming clients when government agencies launch enforcement actions alleging unlawful gambling, advertising, and marketing practices. Michelle has decades of experience advising and defending organizations facing these and other claims related to consumer protections and privacy. When faced with cease-and-desist orders and costly litigations, Michelle’s clients count on her credibility, diligence, and deep knowledge of iGaming advertising and consumer…
Conviction by Clickwrap?
May 20, 2026
Conviction by Clickwrap?
By: Robert Ward
“Terms and conditions” are ubiquitous. They appear on baseball tickets,[1] in air conditioning repair agreements,[2] and, of course, on essentially every website we visit on a daily basis. By now, as the Seventh Circuit has put it, reasonable consumers “understand there will be terms and conditions associated with using a website.”[3] When disputes about terms and conditions are at issue in court, they often arise…
Critical Crypto-Securities Issue May Soon Come to a Head in SEC v. Ripple
February 8, 2023
Critical Crypto-Securities Issue May Soon Come to a Head in SEC v. Ripple
By: Jacob Grubman
This work was originally published in Business Law Today for the American Bar Association’s Business Law Section. A lawsuit filed by the U.S. Securities Exchange Commission (“SEC”) against Ripple Labs, Inc. (“Ripple Labs”), creator of the popular cryptocurrency token known as XRP, represents a turning point for the cryptocurrency and wider blockchain-technology industries in their relationship with regulators. As a significant part of the SEC’s…
How Regulated Sportsbooks Can Ensure Sports Integrity: A Case Study from the Recent UFC Scandal
January 2, 2023
How Regulated Sportsbooks Can Ensure Sports Integrity: A Case Study from the Recent UFC Scandal
By: Jake Gray
In the four years since the Supreme Court struck down the federal law prohibiting state-regulated sports betting in Murphy v. NCAA (2018), more than 30 states have legalized and are regulating sports betting in some capacity. Indeed, since the ruling, the nascent US sports betting industry enjoys rapid growth, especially in states where retail, mobile, and online betting platforms are permitted for consumers. For example,…
Florida Sports Betting Opponents and Government Stakeholders Head to Oral Argument in Federal Appellate Court
December 15, 2022
Florida Sports Betting Opponents and Government Stakeholders Head to Oral Argument in Federal Appellate Court
By: Jacob Grubman
This week’s oral argument in West Flagler Associates, Ltd. v. Haaland is the latest step in the dispute over whether the State of Florida and the Seminole Tribe of Florida can offer online sports betting throughout the state and not just on tribal land.
Massachusetts Lessens Licensing Burden on Marketing Affiliates… For Now
December 1, 2022
Massachusetts Lessens Licensing Burden on Marketing Affiliates… For Now
By: Sara Dalsheim
On December 1, 2022, the Massachusetts Gaming Commission (“MGC”) held an Open Meeting to discuss a number of items ahead of the upcoming launch of retail sports wagering and later launch of online sports wagering. Of particular note was a topic brought up by the Director of the Investigations and Enforcement Bureau, Loretta Lillios, requesting that the MGC, at least temporarily, lessen the licensing requirements…
Four States Coordinate Against Metaverse Casino’s NFT Sales
October 25, 2022
Four States Coordinate Against Metaverse Casino’s NFT Sales
By: Jake Gray
On Thursday, October 20th, state securities regulators from Alabama, Kentucky, New Jersey, and Texas filed coordinated enforcement actions to stop sales of non-fungible tokens (“NFTs”) by an organization in the country of Georgia. The actions accuse Slotie NFT (“Slotie”) of “illegally and fraudulently selling NFTs to raise capital relating to gaming in online and metaverse casinos” in like manner to the offer and sale of…
