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March 31, 2026
The U.S. Patent and Trademark Office is urging the Federal Circuit to reject a British bookmaker's challenge to a review panel's revival of DraftKings' inter partes review of one of its patents, saying any constitutional challenges have to fail.
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March 31, 2026
Wearable technology company Whoop Inc. announced Tuesday that it hit a $10.1 billion valuation after wrapping its latest funding round led by Goodwin Procter LLP, securing $575 million in investor commitments.
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March 31, 2026
A North Carolina federal court awarded NBA star forward Zion Williamson roughly $686,000 in attorney fees after he successfully argued his contract with a sports agency was void, but found his request for nearly $1.5 million was excessive.
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March 31, 2026
An Ohio federal judge sent a gambling loss recovery suit lodged against Kalshi, Robinhood Markets, Webull Corp. and other prediction market companies back to an Ohio state court, ruling its claims do not hinge on a federal question.
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March 31, 2026
More than 70 Republican lawmakers from both the House and Senate have urged the U.S. Supreme Court to review an appellate court decision that upheld New York state's public nuisance statute, which allows lawsuits against gun manufacturers that cause public harm.
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March 30, 2026
A New York federal judge on Monday tossed a putative securities class action accusing Warner Bros. Discovery and its top brass of misleading investors about its negotiations over NBA broadcast rights, finding the company's statements were either true, inactionable or made obvious by widespread media coverage.
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March 30, 2026
Democrats across both chambers of Congress are demanding that the agencies overseeing prediction markets and the ethics of government workers tell federal employees they can't trade on events if their jobs give them an edge.
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March 30, 2026
The Delaware Chancery Court's docket this past week featured disputes involving globally recognized companies, high-dollar contract fights, revived claims from the state's high court and the resolution of a closely watched de-SPAC case.
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March 30, 2026
ESPN moved to intervene in a proposed class action accusing World Wrestling Entertainment of a "bait and switch" streaming scheme, telling a Connecticut federal court the case cannot proceed because subscribers agreed to arbitrate their claims and waived any right to sue as a class.
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March 30, 2026
A dispute over Texans' ability to bet on out-of-state horse races is headed to federal court after Churchill Downs Inc. booted the case out of state court Monday, arguing that it is clearly a cross-state dispute.
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March 30, 2026
A lawyer told Florida jurors in a federal trial Monday that an AIG unit owes him more than $1 million in costs for defending a sports memorabilia company's former CEO against securities violations, saying the insurer broke a contract to pay his firm for legal services.
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March 30, 2026
Casino-focused real estate investment trust VICI Properties said it has agreed to pay $144.4 million to buy two casinos and two hotels in a sale-leaseback deal that comes as part of Indigenous-owned Pure Casino Entertainment's acquisition of casino operator Gamehost Inc.
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March 30, 2026
Major League Baseball and its teams have defeated a proposed class action claiming they systematically prevented older scouts from obtaining jobs, as a New York federal judge ruled the plaintiffs failed to show their ages were the reason they weren't hired.
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March 30, 2026
As the U.S. Commodity Futures Trading Commission insists it will be the primary cop for the growing expanse of prediction markets, experts said the agency is signaling that its first line of defense will be the internal enforcement programs of registrants like Kalshi.
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March 27, 2026
Networks see local TV stations as little more than "cash cows" and are "sucking the lifeblood out of television stations" by demanding increasingly higher fees in exchange for allowing them to air network content, a pair of media advocacy groups have told the Federal Communications Commission.
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March 27, 2026
Philadelphia Phillies third baseman Alec Bohm has sued his parents, alleging they mismanaged his finances by siphoning millions from his Major League Baseball earnings accounts to cover their own expenses.
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March 27, 2026
The National Collegiate Athletic Association has kicked off a legal battle with a trademark infringement lawsuit against DraftKings for using terms like "March Madness" to describe the basketball competition, bringing the issue of sports betting to court and signaling a more active role in intellectual property enforcement.
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March 27, 2026
Russian chess officials are facing a three-year suspension from sanctioned international play after the Court of Arbitration for Sport ordered Moscow to stop scheduling matches in occupied Ukrainian territories.
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March 27, 2026
The North Carolina Business Court saw an unexpected shakeup with one judge's retirement, rendered a pivotal decision in a first-of-its-kind climate change case against Duke Energy and oversaw a trial between the feuding owners of a commercial bed skirt company.
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March 27, 2026
The Washington state attorney general accused Kalshi Friday of operating an illegal online betting platform under the guise of a prediction market, joining a growing number of states that have taken court action against the company over alleged gambling law violations.
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March 27, 2026
A D.C. federal judge threw out a lawsuit seeking to claw back millions in gambling losses from major sportsbook operators under an old "Statute of Anne" law on the district's books, ruling that local officials clearly exempted authorized sports wagering from its recovery provisions.
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March 26, 2026
A Nevada federal judge dismissed a shareholder derivative suit brought by groups of Catholic sisters against members of Smith & Wesson's board and senior managers over the firearm-maker's AR-15 rifles marketing, finding the plaintiffs hadn't shown it would have been futile to demand the board pursue such legal action.
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March 26, 2026
An Indiana federal judge Thursday denied the National Collegiate Athletic Association's request for a temporary order prohibiting sports gambling company DraftKings Inc. from using terms like "March Madness" to describe the basketball tournament, despite concluding that the NCAA is likely to prevail on its trademark claims.
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March 26, 2026
DraftKings and FanDuel have been hit with another lawsuit, this time in Massachusetts state court, by a consumer alleging their sports betting platforms intensify the addictive properties of gambling but the companies refuse to implement safeguards.
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March 26, 2026
Soccer fans impacted when people without tickets stormed a Copa America championship match at Hard Rock Stadium in Miami Gardens two years ago asked a Florida federal judge to sign off on a settlement agreement worth up to $14 million.