Steven Eichorn
COUNSEL
"I help trailblazing and established companies successfully compete in the online gaming industry."
Overview
Steven Eichorn works with clients at the forefront of the technology, eCommerce and gaming industries. For both established companies and startups, Steven helps with licensing applications, legal opinions, buyouts and acquisitions, commercial agreements and ICOs, in addition to general legal matters like corporate formation documents, operation agreements and employee contracts.
Steven excels at resolving his clients’ various legal challenges and surpassing their expectations. His clients appreciate his thorough understanding of the law in these rapidly evolving areas, and his straightforward assessment of how they can best attain their business goals.
With sports betting now legal in a growing number of states and iGaming surging in popularity, Steven frequently applies his knowledge of the online space to companies and niche players in this flourishing market. He often assists clients in navigating the complex gaming licensure process in New Jersey and other jurisdictions by reviewing and overseeing all business entity and personal disclosure forms and commercial agreements with casinos. He also provides analysis of current and proposed daily fantasy sports games to ensure compliance with state and federal laws, and opinion letters for companies in need of payment processing verification.
Other recent representative matters include:
- Negotiating a large, multimillion-dollar sale of several iGaming websites, thereby positioning the buyer as one of the largest regulated casino affiliates in the U.S.
- Preparing the license application for an online casino game developer to become a registered Casino Service Industry Enterprise in the state of New Jersey, including negotiating with the New Jersey Division of Gaming Enforcement, while also advising on corporate transactions and revenue share agreements with multiple casinos
- Drafting and executing all commercial contracts for a startup in the food industry including licensing, vendor and employee agreements, plus the company’s corporate formation
- Overseeing all company-wide compliance including employment and litigation matters for a small business providing day care services
- Drafting the operating documents for a joint venture that successfully bid on a government contract worth over $10 billion
Clients in the eCommerce and online advertising sphere turn to Steven for his familiarity with the nuances of their industry. First and foremost, he helps protect clients from legal liability from both consumers and contracting parties through thoughtfully prepared privacy policies, terms and conditions, end-user license agreements and online distribution agreements. Beyond immediate industry-related concerns, Steven also provides guidance on legal needs such as product manufacturing agreements, creating LLCs and writing bylaws.
Steven extends his legal skills in the community by assisting individuals in pro bono matters, including providing legal advice in landlord-tenant disputes and uncontested divorce proceedings. He has also served on the boards of a number of community organizations.
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Credentials
Education
- J.D., Fordham Law School, cum laude, May 2008
- B.S., Touro College, Finance, summa cum laude, June 2003
Admitted to Practice
- District of Columbia
- New Jersey
Professional Community
- Certification, Advanced Sports Betting Regulation Program – UNLV International Center for Gaming Regulation
- Bancroft Village Homeowner’s Association, Treasurer
- DC Bar, Member
- KAYTT, Board Member