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Sports & Betting
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February 06, 2026
Kalshi Says CFTC Backs Sports Bets Without Tribal Regs
Prediction market platform Kalshi has told a Wisconsin federal court that the U.S. Commodity Futures Trading Commission's chair has thrown his support behind the agency's view that it has exclusive jurisdiction over the event contracts at issue in a Native American tribe's case against the company.
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February 06, 2026
Tampa Bay Rays Unveil New MLB Stadium Renderings
Major League Baseball's Tampa Bay Rays revealed new renderings for its proposed 31,000-seat stadium and mixed-use district project that's planned to be located at the Florida city's Hillsborough College, the team has announced.
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February 06, 2026
Supreme Court Asked To Review Mich. Hunting Drone Ban
A company that uses drones to find downed game has asked the U.S. Supreme Court to review a Michigan law that has kept it out of that state's market.
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February 06, 2026
'Cardiac Pack' Wants NC Justices To Revive NIL Suit
A group of former student-athletes from the early 1980s is urging North Carolina's highest court to revive their name, image and likeness lawsuit against the NCAA, arguing the organization's use of gameplay footage to advertise March Madness is a continuing harm.
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February 06, 2026
Kalshi Given 30 Days To End New Sports Wagers In Mass.
A Massachusetts state court on Friday gave Kalshi 30 days to comply with a preliminary injunction barring the prediction market from offering new sports-related event contracts to state residents, denying a request for a stay pending an anticipated appeal.
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February 06, 2026
Prediction Markets Expand Wall St. Cops' Insider Trading Beat
As traders flock to platforms that allow them to speculate on everything from Super Bowl ad placements to political shakeups, regulators and law enforcement face increasing pressure to crack down on newly expanded opportunities for insider trading.
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February 06, 2026
Rupp Marine Didn't Infringe Fishing Line Patents, Judge Rules
A Florida federal judge has ruled that marine supply store Rupp Marine Inc. did not infringe patents owned by Gem Products LLC for line management systems for fishing boats with outriggers.
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February 06, 2026
Ex-MLB Star Puig Convicted Of Lying About Gambling Ring
A California federal jury on Friday found former Los Angeles Dodgers star Yasiel Puig guilty of obstruction of justice and making false statements to federal investigators over his role in an illegal gambling ring.
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February 06, 2026
$3M FanDuel Fraud Probe Nets 2 Conn. Arrests
Two Connecticut men used thousands of stolen identities to rip off FanDuel and other gambling sites for around $3 million by taking advantage of promotional customer bonuses and credits, federal prosecutors said Friday in announcing a 45-count indictment.
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February 06, 2026
Jones Walker Equine Pro Takes Reins Of Gaming Group
Jones Walker LLP has named a Lexington, Kentucky, partner who heads the firm's equine industry practice as co-leader of its gaming industry team.
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February 06, 2026
Football Coaches Throw Support Behind FTC's Agent Probe
A football coaches' trade association has thrown its weight behind the Federal Trade Commission's recently launched investigation of college sports agents, warning that the profession is rife with predatory figures looking to exploit vulnerable athletes.
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February 05, 2026
PGA Tour Didn't Price Gouge Rivals' Atty, Fla. Judges Rule
A bid to overturn the dismissal of a suit accusing the PGA Tour of inflating its event prices as part of a plot against golfers from the rival LIV tour was turned away Thursday by a Florida state appeals court.
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February 05, 2026
Billionaire Lewis' Pilots Ink SEC Deals Over Insider Trading
Two private-jet pilots for British billionaire Joseph Lewis have agreed to pay the U.S. Securities and Exchange Commission a total of more than $233,300, resolving the regulators' civil claims accusing them of trading on confidential information, according to filings in New York federal court.
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February 05, 2026
DOJ Urges Court To Reject Live Nation's View Of Meta Ruling
Enforcers told a New York federal court to reject Live Nation's interpretation of a ruling in an antitrust case against Meta Platforms, saying that claims against the live entertainment giant do not have to accuse it of charging different venues different prices.
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February 05, 2026
Tenn. QB Gets Temporary Reprieve From NCAA Eligibility Rule
A state court granted Tennessee Volunteers quarterback Joey Aguilar a temporary restraining order prohibiting the NCAA from enforcing its eligibility rules, finding the organization would suffer no harm if he plays another season, but the athlete otherwise would.
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February 05, 2026
Kalshi Taps White & Case Alum As Enforcement Head
Kalshi announced Thursday that it has selected a former White & Case LLP associate to serve as its head of enforcement, as the prediction market expands its market surveillance and enforcement framework.
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February 05, 2026
Polymarket Hit With Class Action For 'Disguising' Sports Bets
Prediction market company Polymarket has been hit with a class action in New York federal court targeting its sports event contracts, which the suit alleges are disguised sports gambling offers meant to evade state regulation and scrutiny.
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February 05, 2026
NC Biz Court Bulletin: Dual Representation DQ, Biting Censure
The North Carolina Business Court kicked off 2026 with a flurry of rulings and a few rebukes from the bench, including partially disqualifying counsel in a restaurant mismanagement melee and censuring a solo attorney who sought to circumvent the specialized superior court's rules.
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February 05, 2026
Law Firms Back NFL In Arbitration Clause Suit Before Justices
Two nonprofit public interest law firms are pressing the U.S. Supreme Court to review a Second Circuit opinion finding the National Football League's arbitration process unenforceable, saying the opinion encourages judges to issue "subjective and arbitrary" decisions on arbitration clauses.
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February 05, 2026
Full Fed. Circ. Won't Rethink Heart Monitor Patent Claim Ax
The full Federal Circuit won't rethink a panel's refusal to revive claims in a wireless heart rate monitor patent owned by Finnish sports tech company Polar Electro Oy that a lower court found were invalid.
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February 05, 2026
SDNY Chief Says Office Has Eye On Prediction Markets
The Southern District of New York's top prosecutor said Thursday that his office is thinking about how the current laws apply to prediction markets, and said that he expects fraud cases to be brought against those taking advantage of those markets.
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February 05, 2026
MLB Star's Assistant Strikes Out In Agent Fraud Case
A Florida federal judge on Wednesday dismissed a suit by the personal assistant of Vladimir Guerrero Jr. accusing the Major League Baseball star's agents of swindling him out of commissions, finding that the oral employment agreement he cited is not enforceable.
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February 05, 2026
KKR Buying Pro Sports Investor Arctos In $1.4B Deal
KKR & Co. Inc. said Thursday it has agreed to acquire Arctos Partners in a transaction valued at $1.4 billion in initial consideration, in a deal that will give the private equity firm a $15 billion sports-investing platform.
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February 05, 2026
Trump Admin Finalizes Rule Facilitating Federal Worker Firings
The Trump administration Thursday announced a final rule to create a new category of federal workers who would have fewer job protections and be easier to fire, implementing an executive order from early last year that could affect 50,000 employees at federal agencies.
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February 05, 2026
Nicklaus Golf Co. Gets $50M Baseline Bid For Licensing Biz
A $50 million offer from brand manager Iconix International will be the baseline bid for a Chapter 11 auction of licensing rights for golf legend Jack Nicklaus' name, rights holder GBI Services has told a Delaware bankruptcy judge.
Expert Analysis
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Stadium Security Takeaways Amid Gaps In Drone Regulation
As the risk of drones to sports stadium security grows, legal practitioners in the industry should focus on the need for rapid deployment of emergency services, crowd control, communications, strong organizational structure, and engagement across local, state and federal authorities, says Jennifer Daskal at Venable.
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New NCAA Betting Policy Fits Trend Of Eased Restrictions
Allowing NCAA student-athletes to bet on professional sports fits into a decade-long trend of treating college athletes more like adults in a commercial system, but decreasing player restrictions translates to increased compliance burdens for schools, say attorneys at Robins Kaplan.
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Series
Building With Lego Makes Me A Better Lawyer
Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.
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How Banks Can Safely Handle Payments For Gambling Biz
As the betting market continues to expand, it's crucial for banks and fintechs to track historical developments in wagering and ongoing prediction markets litigation that can factor into a risk analysis for payment processing with respect to gambling operators, says Laura D'Angelo at Jones Walker.
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Series
Law School's Missed Lessons: Networking 101
Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Viral 'Brewers Karen' Incident Teaches Employers To Act Fast
An attorney who was terminated after a viral video showed her threatening to call U.S. Immigration and Customs Enforcement on an opposing team's fan at a Milwaukee Brewers game underscores why employers must take prompt action when learning of viral incidents involving employees, says Joseph Myers at Mesidor.
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Weighing Risks Of Ambush Marketing Around Sports Events
American brands tempted to insert themselves into conversations around the 2026 World Cup and 2028 Olympic Games, but without the coveted sponsorship, should consider the legal hazards and minimize the risks by avoiding elements that imply an unauthorized commercial association with FIFA or the International Olympic Committee, say attorneys at Debevoise.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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Game Not Over: Player Redshirt Suits Keep NCAA On Defense
A class action recently filed in Tennessee federal court highlights a trend of student-athlete challenges to the NCAA's four seasons eligibility rule following the historic House settlement in June, which altered revenue-sharing and players' name, image and likeness rights, say attorneys at BakerHostetler.
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2nd Circ. Peloton Ruling Emphasizes Disclosure Context
The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.