Sports & Betting

  • May 28, 2026

    Kalshi Targets Minnesota Prediction Market Ban In New Suit

    Kalshi is taking aim at a Minnesota ban on prediction markets that it says would turn it into a felon for operating in the state, filing a suit that follows a similar bid by the U.S. Commodity Futures Trading Commission to block the state law.

  • May 28, 2026

    Ex-NBA Player Sues Crypto Co. After $2M Publicity Deal Sours

    Former NBA player Tristan Thompson sued cryptocurrency firm World Mobile Group Ltd. in Delaware Chancery Court, accusing the company of manufacturing bogus allegations to get out of its obligations under his $2 million brand ambassador deal while continuing to use his name, image and likeness.

  • May 28, 2026

    CFTC Seeks To Join Kalshi Fight Over Rhode Island Ban

    The U.S. Commodity Futures Trading Commission asked a Rhode Island federal judge to join Kalshi in its suit against the state of Rhode Island on Thursday, extending the commission's campaign to assert its regulatory authority over prediction markets.

  • May 28, 2026

    Mark Cuban Beats Bid To Move Crypto Investor Suit To Texas

    A Miami federal judge won't send dismissed crypto promotion claims against Mark Cuban and the Dallas Mavericks to Texas, noting the investors seeking to move the suit strenuously fought the move earlier in the litigation and now "decline to explain why their current about-face should be excused."

  • May 28, 2026

    Man Who Used 'God And Ga. Football' For Fraud Gets 4 Years

    A federal judge in Atlanta sentenced a man who defrauded would-be investors and college football fans out of more than $940,000 to four years in prison on Thursday, saying he "took advantage of God and Georgia football" to carry out the schemes. 

  • May 28, 2026

    Athletes Decry Antitrust Immunity In College Sports Bill

    College athlete advocacy groups have criticized a proposed bipartisan U.S. Senate bill that provides congressional oversight to college sports and allows athletes to have agents, but also limits player movement and compensation and grants the NCAA antitrust immunity.

  • May 28, 2026

    Goldstein Says Bad Jury Instructions Warrant New Trial

    SCOTUSblog founder Tom Goldstein said that the prosecutors who convicted him on 12 tax and mortgage fraud charges in February are now contradicting arguments they made at the end of his trial in their attempt to deny him a bench acquittal or new trial.

  • May 28, 2026

    Calif. City Says Insurer Lowballed Historic Ballpark Fire Claim

    A California city said an insurer significantly undervalued the estimated costs required to clear debris and replace facilities on a historic baseball field featured in films, including "A League of Their Own," after the field was destroyed in a fire in 2024, contributing to a delay in restoring the park.

  • May 28, 2026

    4 Firms Steer Fertitta's $17.6B Caesars Entertainment Buy

    Caesars Entertainment has agreed to be sold to Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including debt, in a deal steered by four law firms, the companies announced Thursday. 

  • May 27, 2026

    Google Worker Charged With $1.2M Polymarket Insider Fraud

    A Google software engineer faces charges that he made more than $1.2 million by placing insider bets on Polymarket using the search giant's confidential data, and then tried to conceal his proceeds and actions, according to criminal and civil complaints unveiled Wednesday in New York federal court.

  • May 27, 2026

    FIFA Corruption Charges Get Officially Tossed

    A New York federal judge signed off Wednesday on the dismissal of charges in the massive FIFA-related corruption dragnet against a former 21st Century Fox executive and an Argentine sports marketing company, months after prosecutors said they were dropping the case.

  • May 27, 2026

    CFTC Sends Prediction Markets Proposal To White House

    The U.S. Commodity Futures Trading Commission confirmed to Law360 on Wednesday that it has sent its planned rules for event contracts to the White House for review, marking another step toward issuing prediction market regulations amid jurisdictional battles with state gaming regulators.

  • May 27, 2026

    NFL's High Court Loss Is Lesson For Fair Employee Contracts

    The NFL's failed bid at the U.S. Supreme Court to resolve a former coach's racial discrimination claims via arbitration serves as a warning to businesses seeking to draft employment contracts with few options and limited rights for workers.

  • May 27, 2026

    NC Gov. Bars State Employees From Insider Prediction Betting

    North Carolina Gov. Josh Stein on Wednesday signed an executive order banning public employees from using information they learn at work to make bets on prediction markets.

  • May 27, 2026

    Baseball Podcaster Sued By Ex-Producer Over Pay

    Baseball podcaster Jared Carrabis and his production company were hit with a proposed class action in Massachusetts on Wednesday by a former producer who says Carrabis used the end of a sponsorship deal to stop paying him and other personnel on his podcasts at the end of February.

  • May 27, 2026

    Golf Club Ends Hurricane Coverage Fight With Allianz Unit

    A multimillion-dollar insurance coverage brawl between an Allianz unit and a private golf club in which the club said it was unfairly denied coverage for damages caused by Hurricane Helene has settled ahead of trial, according to a mediation report.

  • May 27, 2026

    Robinhood Urges 1st Circ. To Revive Mass. Regulatory Fight

    Robinhood has told the First Circuit it's time for a Massachusetts federal court to decide whether sports event contracts can be regulated by the state gambling commission, arguing "no legitimate basis exists" to wait for a state court to rule first.

  • May 27, 2026

    Brownstein Hyatt Faces DQ Bid In Sports Betting Biz Fight

    A sports-betting executive suing her former employer for defamation and contract breach is looking to oust the company's Brownstein Hyatt Farber Schreck LLP attorneys, telling a Nevada federal judge that the firm's prior work for her creates a conflict.

  • May 27, 2026

    WWE Shareholders Win Sanctions Over Lost Signal Messages

    World Wrestling Entertainment Inc. investors won sanctions in the Delaware Chancery Court after a judge found former CEO Vince McMahon and other senior executives recklessly allowed encrypted and ephemeral Signal messages and other evidence tied to WWE's $21.4 billion merger with Ultimate Fighting Championship to disappear during litigation over the deal.

  • May 27, 2026

    FIFA Faces NJ, NY Probe Over 'Fake Scarcity' In Sales

    The attorneys general of New Jersey and New York said on Wednesday that they subpoenaed FIFA over its ticketing practices for the eight World Cup matches scheduled to be hosted in the Garden State.

  • May 27, 2026

    Tennis Body Says WTA Retaliated After Expulsion Bid Blocked

    The International Tennis Federation has broadened its legal fight against the Women's Tennis Association, claiming that it was hit with an "exorbitant" fee after a New York federal judge blocked the WTA's effort to oust the ITF from its board.

  • May 26, 2026

    Conn. Tribes Seek Role In CFTC Betting Preemption Fight

    The Mohegan Tribe of Indians of Connecticut and the Mashantucket Pequot Tribal Nation on Tuesday moved to intervene in the Commodity Futures Trading Commission's suit over Connecticut regulators' attempts to shut down certain prediction markets.

  • May 26, 2026

    FCC Clears Drone Counter System To Deploy At World Cup

    The Federal Communications Commission told an Israeli company the agency's rules do not prohibit law enforcement authorities from using the firm's drone-countering system during the World Cup, but said waivers might be needed for deployment at other events.

  • May 26, 2026

    Fenwick Reaches $54M Deal To Exit FTX Litigation

    Fenwick & West LLP will pay $54 million to resolve claims from spurned FTX Trading Ltd. investors, according to a new set of settlements that will also end investors' disputes with the collapsed cryptocurrency exchange's former auditor and a former NBA star who promoted the platform.

  • May 26, 2026

    SEC Nears Settlement In $22M Sports Media Co. Fraud Suit

    The U.S. Securities and Exchange Commission is close to wrapping a lawsuit accusing Icaro Media Group Inc. and its CEO of selling investors a $22 million false narrative about the planned launch of a sports media smartphone application, telling a New York federal court on Tuesday that the parties have agreed to settle the case.

Expert Analysis

  • CFTC Chair's Speech Hints At Innovation-Friendly Policies

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    Remarks made by Commodity Futures Trading Commission Chair Michael Selig at the Futures Industry Association's conference last month provided the most comprehensive articulation of his regulatory agenda and signaled a shift in the CFTC's regulatory posture, including a rare focus on agency coordination and support for digital asset innovation, say attorneys at Willkie.

  • Decoding Arbitral Disputes: Tracing Paths To Award Recovery

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    Recent subpoenas to Adidas and Hilton deployed in Blasket Renewables v. Spain, pending in D.C. federal court, show arbitration award recovery to be a disciplined exercise in constructing visibility, applying pressure and sequencing procedural advantage, says Josep Galvez at 4-5 Gray's Inn Square.

  • 5 Key Questions Attys Should Ask About Statistical Analyses

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    Even attorneys without a background in statistics can effectively vet the general concepts of a statistical analysis by asking targeted questions and can thereby reinforce the credibility and relevance of expert testimony — or expose its weaknesses, say Katrina Schydlower and Christopher Cunio at Hunton and Kevin Cahill at FTI Consulting.

  • CFTC Actions Show Prediction Market Insider Trading Risks

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    It is a myth that insider trading law does not apply in prediction markets, as the U.S. Commodity Futures Trading Commission's recent enforcement actions illustrate that it has full authority to pursue such cases federally — and intends to, says attorney Gregg Goldfarb.

  • Opinion

    State Bars Need To Get Specific About AI Confidentiality

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    Lawyers need to put actual client information into artificial intelligence tools to get their full value, but they cannot confidently do so until state bars offer clear, formal authority on which plan tiers of the three most popular generative AI tools are safe to use when sharing specific client details, says attorney Nick Berk.

  • Opinion

    Futures Market Anonymity Now Presents A Structural Problem

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    Following anomalous trading on prediction markets just before major recent policy announcements from the Trump administration, many have called on Congress to act, but the problem is not primarily a statutory gap — it is a structural one, built into the self-regulatory model that governs futures exchanges, says Tamara de Silva at De Silva Law Offices.

  • Series

    Alpine Skiing Makes Me A Better Lawyer

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    Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • Series

    Ultramarathons Make Me A Better Lawyer

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    Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

  • Getting The Most Out Of Learning And Development Programs

    Excerpt from Practical Guidance
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    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

  • Proposed Oracle Act Tests NY's Prediction Markets Clout

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    New York's proposed Oracle Act could if passed force a high-stakes showdown over event contracts in the prediction markets as well as state gambling laws, and legal practitioners should closely monitor litigation, parallel developments in other states, Commodity Futures Trading Commission rulemaking and congressional action, says Linda Goldstein at CM Law.

  • Opinion

    AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • NFL Hiring Bias Ruling Signals Trend Away From Arbitration

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    A New York federal court's recent decision in Flores v. NFL, declining to compel arbitration in a class action alleging racial discrimination in the league's hiring practices, reflects courts' increasing reluctance to allow private dispute resolution for systemic discrimination claims, says Masood Ali at Segal McCambridge.

  • Series

    Watching Hallmark Movies Makes Me A Better Lawyer

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    I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.

  • EU Ruling Signals More Intrusion Into Commercial Arbitration

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    Three things stand out from the recent opinion of the advocate general of the European Court of Justice in Reibel v. Stankoimport, which is the next step in a long line of measures chipping away at the viability of international arbitration in the European Union, say attorneys at BakerHostetler.

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