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Monday, May 8, 2017

SPORTS WAGERING IN YOUR STATE


"Sports gambling is going to be legal. We might as well embrace it and become part of the solution, rather than fight it. It’s in everyone’s best interests for it to be above-board." 1

Two significant impediments exist to the expansion of sports wagering. The first is the Professional and Amateur Sports Protection Act (PASPA). PASPA prohibits tribes or states from authorizing sports wagering,  and it prohibits anyone from relying on state law from offering any form of wagering on the outcome of games or the performance of athletes. PASPA contains a grandfathering exemption for states that conducted or regulated sports wagering before its enactment, which applies to four states (note only Nevada had broad-based, regulated sports wagering prior to enactment). PASPA, while not a criminal gambling statute, permits the U.S. Department of Justice or any impacted sports league to seek an injunction against states and those operating pursuant to state law. In order for sports wagering to expand beyond the four exempted states without the risk of being forced to stop by courts, PASPA would need to be amended or repealed.

Click here to read the entire article.



Greg Gemignani, Kate Lowenhar-Fisher, and Jennifer Gaynor are Members in Dickinson Wright’s Las Vegas office, and Jeff Silver is Of Counsel in the Las Vegas office.  Jennifer Gaynor can be reached at 702.550.4462 or jgaynor@dickinsonwright.com.  Jeff Silver can be reached at 702.550.4482 or jsilver@dickinsonwright.com.

Friday, May 5, 2017

National Council of Legislators from Gaming States (NCLGS) - Summer Meeting

National Council of Legislators from Gaming States (NCLGS) - Summer Meeting
Friday - Sunday, June 9 - 11, 2017
The Westin Denver Downtown in Denver, CO

Bob Stocker (Member & Gaming Practice Leader, Lansing) will be a speaker on Saturday, June 10th from 10 a.m. to 11:15 a.m.

Panel Discussion - "The New Frontier: Emerging Forms of Gambling".
Legislators, regulators, operators and consumers are facing a fast-growing array of gaming choices, from daily fantasy sports to skill-based machines to virtual reality gaming. But determining what is already legal within a state’s framework – and how to regulate it – can be tricky. Even determining when an activity is simply “gaming” vs. “gambling” is open to legal debate when considering the traditional elements of prize, chance and consideration. Gaming attorneys and regulators provide their insights based on state law, court decisions and legal opinion.

The Summer Meeting agenda includes legislative committee sessions on Responsible Gaming, Pari-Mutuels, Lotteries, State-Federal Relations, and Casinos, as well as general sessions that examine sports betting, retail gaming, and new/emerging forms of gambling.


For more info and the agenda, please click here.

Thursday, April 20, 2017

IMGL MIAMI SPRING CONFERENCE


The International Masters of Gaming Law Spring Conference is set for May 10-12 at the Turnberry Isle resort in Miami, Florida.

Following evening social events on Wednesday, May 10, the CLE-rated conference commences Thursday morning with a comprehensive focus on gaming developments in North America, the Caribbean, Latin America, and Europe.

Highlights of the conference include comprehensive discussions by leading gaming attorneys from around the world on such diverse topics as sports betting in the United States; the impact of the 2016 USA election is on the United States gaming market; the expansion of intrastate Internet gaming beyond New Jersey, Nevada, and Delaware; the prospects for Internet-related gaming legislation in Congress; global developments in gaming technology; gaming and tax policy in Europe; current and projected developments in tribal and commercial gaming in the United States; the expansion of state lottery activity on the Internet; and the status of horse racing on a global basis.

Conference participants will also be able to attend the horse races at Gulfstream Park, one of the leading race tracks in the country and the home of many great Florida thoroughbreds.

Persons interested in attending the conference may obtain conference details on the International Masters of Gaming Law website, which includes further details regarding the conference and easy conference and hotel registration processes. It is especially important to book hotel reservations as quickly as possible as the Turnberry Isle resort is an extremely popular facility and the special room rate bookings are limited.
 

Monday, April 10, 2017

NEVADA LEADS THE WAY ON ESPORTS WAGERING


April 5, 2017

by Greg Gemignani, Kate Lowenhar-Fisher, Jennifer Gaynor, and Jeff Silver

Perhaps the hottest topic in gaming today is the growth of professional esports. Esports are – essentially – professional video game tournaments and contests. Audiences for such tournaments have been filling stadiums in Asia and Europe for the last few years. The phenomenon is just beginning to gain popularity in the U.S., but the acceptance of esports as a spectator event is growing rapidly.

To put esports popularity in perspective, the League of Legends Championship Finals drew 43 million unique online viewers while Major League Baseball’s World Series drew about 40 million viewers, and the final game of the NBA Championships drew only an estimated 31 million viewers. Viewership of the League of Legends Championship was primarily through online streaming rather than terrestrial or satellite television.

As with other competitive spectator-driven events, wagering is occurring on esports. Estimates vary widely, but the worldwide esports betting market is likely measured in the billions of dollars, with wagering occurring primarily in Asia and Europe. However, at a recent esports seminar in Las Vegas, an analyst from the United Kingdom estimated that illegal wagers from the U.S. were rising in correspondence to the rising popularity of the activity.


View entire Gaming and Hospitality Practice Newsletter here.  For more information, please contact these attorneys in our Las Vegas office at 702-550-4400.

Wednesday, April 5, 2017

Esports Wagering Legal Risks


Greg Gemignani (Member, Las Vegas) spoke at the March 23, 2017  “Esports and Esports Wagering” Seminar held at the University of Nevada Willian S. Boyd Law School, and in collaboration with the International Center for Gaming Regulation.  Greg gave a presentation regarding Esports Wagering Legal Risks.  He was also part of the round table discussion for the final session of the day-long event.
 
 
For more information, or if you would like to contact Greg Gemignani in our Las Vegas office, please call
702-550-4468.

Thursday, March 30, 2017

Sports Betting Legalization Gaining Steam?

By:  Kate Lowenhar-Fisher


When Kate Lowenhar-Fisher (Member, Las Vegas) went to speak at an event at Fordham University in NYC last Friday, she had no idea she would be on Yahoo! Finance Sportsbook.com speaking about how sports betting legalization is gaining steam.  She also discussed the NFL’s Oakland Raiders moving to Las Vegas, NV and the zero impact such a move would have on game "integrity".

Wednesday, March 15, 2017

“Casinos & Money Laundering: An Industry Scorecard” article summary


Jeffrey Silver (Of Counsel, Las Vegas) was quoted extensively in an article titled “Casinos & Money Laundering: An Industry Scorecard” in the March 2017 edition of Global Gaming Business Magazine.  The article discusses the global Financial Action Task Force report which applauded the stateside industry for its increased focus on raising awareness and improving compliance of the 2007 Bank Secrecy Act. Jeff discussed the fact that reports are “investigated in a real-time, online basis,” and that “the price of compliance is eternal vigilance.” To read the full article, click here.

You may contact Jeff Silver in our Las Vegas office at 702-550-4482.