Duane Morris partner Gilbert L. Brooks has been recognized by Best Lawyers® as the “2024 Gaming Lawyer of the Year” in Cherry Hill, New Jersey. The recognition is given to only one attorney for each practice area and city. Lawyers are selected based on high marks received during peer-review assessments conducted by Best Lawyers each year.
Frank DiGiacomo Discusses Trends in Sports Betting, and How It Intersects with the Professional Sports Industry
As team lead of Duane Morris’ Gaming Industry Group, Frank A. DiGiacomo brings a wealth of experience to the areas of gaming, sports betting, igaming, lottery, fantasy sports, entertainment, and regulatory law.
Not surprisingly, he has represented public and privately held casino operators, sports wagering operators, gaming/sports wagering technology providers engaged in interactive, skills-based gaming, social gaming, financial services companies, and lottery companies.
To read the full text of this interview, originally published by Sports Litigation Alert, please visit the publication website.
Law360 Sports & Betting Group Of The Year: Duane Morris
Duane Morris LLP helped sportsbooks, teams and media giants like NBCUniversal and ESPN navigate a complex licensing and regulatory landscape to ink lucrative sports gambling deals, earning it a spot among Law360’s 2021 Sports & Betting Groups of the Year.
To read the full text of this article, please visit the Law360 website (subscription required).
Start Spreading the News – New York Releases Sports Wagering Request for Applications
On July 9, 2021, the New York State Gaming Commission (the “Commission”) released a Request for Applications (“RFA”) for mobile sports wagering platform providers. The RFA is based upon the statutory requirements that the Commission must follow, including a competitive bidding process and the award of licenses to at least two Mobile Sports Wagering Platform Providers and four Mobile Sports Wagering Operators.
Mobile Sports Wagering Platform Providers must fully integrate the Operator’s wagering system into the platform, accept and register all wagers, generate all electronic wagering tickets, compute wagering and payoffs, maintain records of all wagering activities and generate and/or submit to the Commission all required reports.
Webinar Replay: The Changing Landscape Between Sports, Media and Gambling
A webinar replay of “The Changing Landscape Between Sports, Media and Gambling,” the third in our Game Changers: Strategies for the Business of Sports and Gaming Webinar Series with SeventySix Capital Sports Advisory, is available.
Sports Wagering and Expanded Gaming Headed to Florida
On April 23, 2021, Florida Governor Ron DeSantis signed a thirty-year gaming compact with the Seminole Tribe of Florida (the “Tribe”) that is intended to bring sports wagering, craps, and roulette to the Sunshine State. The compact, which the Governor’s office hailed as, “Larger and more expansive than any other gaming compact in U.S. history,” is projected to bring Florida over six billion dollars in revenue over the next decade.
The compact will permit the Tribe to offer sports wagering directly at its seven casinos and through a mobile platform. Moreover, the Tribe may also offer branded sports wagering through the kiosks or mobile applications of partnering Qualified Pari-mutuel Permit Holders, which include horse tracks, jai-alai frontons, former dog tracks, cardrooms, and slot machine facilities. Further, the compact permits Qualified Pari-mutuel Permit Holders to relocate, although the Tribe must approve certain moves. However, by requiring that all sports wagering servers be on tribal land, all retail and mobile wagering will be deemed to be conducted by the Tribe at tribal facilities.
Continue reading “Sports Wagering and Expanded Gaming Headed to Florida”
Webinar: The Changing Landscape Between Sports, Media and Gambling
Duane Morris and SeventySix Capital Sports Advisory are hosting the Game Changers: Strategies for the Business of Sports and Gaming Webinar Series. The third session, “The Changing Landscape Between Sports, Media and Gambling,” takes place May 5, 2021, from 12:00 p.m. to 1:00 p.m. Eastern.
For more information and to register, please visit the firm website.
Webinar Replay: The Challenges and Opportunities in eSports
A webinar replay of “The Challenges and Opportunities in eSports,” the second in our Game Changers: Strategies for the Business of Sports and Gaming Webinar Series with SeventySix Capital Sports Advisory, is available.
By the Way, Maryland’s General Assembly Also Passed Fantasy Competitions
Much has been written about the Maryland General Assembly’s April 12 passage of sports betting legislation that, upon signature of the governor, will authorize up to 60 mobile licenses and more than 40 retail licenses here. The fact that the same piece of legislation – House Bill 940 – will also legalize, regulate, and tax fantasy competitions seems to have gotten lost in all the excitement. Would-be fantasy operators should note the following features of the law.
HB 940 legalizes and expressly exempts fantasy competitions from criminal laws against betting, wagering and gambling. It is fair to glean from the carve-out from criminal law, the title of the act (“Regulation of Fantasy Gaming Competitions”), and the invitation to the Lottery and Gaming Control Commission to establish a voluntary exclusion list for fantasy players that the General Assembly considered fantasy competitions gambling.
Continue reading “By the Way, Maryland’s General Assembly Also Passed Fantasy Competitions”
Maryland Legislature Passes Sports Wagering Bill with Expansive Licensing Opportunities and Targeted Support for Women and Minorities
The number of sports wagering licenses in Maryland may ultimately reach the triple digits after House Bill 940 was overwhelmingly approved by both chambers of the legislature on the last day of the state’s 2021 legislative session. Surrounded by four states and the District of Columbia, which all offer live wagering, the legislature continued its game of catchup by passing the bill as an emergency bill, which will allow it to take immediate effect upon the signature of Governor Larry Hogan. With a House vote of 122-16 and a Senate vote of 47-0, the expansive legislation creates opportunities for land-based licenses at in-state casinos, racetracks, professional sports stadiums, State Fairgrounds, simulcast betting facilities, bars, and restaurants and also for mobile licenses. Continue reading “Maryland Legislature Passes Sports Wagering Bill with Expansive Licensing Opportunities and Targeted Support for Women and Minorities”