Sports & Betting

  • September 24, 2026

    YMCA Gets No Coverage In Child Sex Abuse Suit, Insurer Says

    Great American Insurance sued YMCA of Pierce and Kitsap Counties in Washington federal court Wednesday, arguing it has no duty to defend it in an underlying child sexual abuse lawsuit and that the defendant exhausted one of the applicable policy limits for payment of other abuse claims against it.

  • September 24, 2026

    Default Sought After Racing Team Didn't Reply To Counterclaims

    A former Joe Gibbs Racing LLC competition director and a rival NASCAR racing team where he currently works asked a North Carolina federal court on Thursday to enter default judgment against Joe Gibbs Racing after it accused them of trade secrets theft.

  • September 24, 2026

    PE And Activist-Driven Moves Lead The Week's Deal Rumors

    Activist investors are turning up the pressure on companies including Six Flags Entertainment and Knife River, while private equity firms GTCR and Reverence Capital are weighing a sale of asset manager Allspring Global Investments, and Clayton Dubilier & Rice and Warburg Pincus are in talks to jointly acquire Canaccord Wealth.

  • September 24, 2026

    Cayuga Tribe Fights to Keep Caesars Sports Betting Suit Alive

    The Cayuga Nation is asking a district court to reject a bid by Caesars Sportsbook to dismiss the tribe's lawsuit, arguing that the gambling giant's arguments largely rest on a misplaced premise that its New York gambling license allows it to accept wagers from every location within the state.

  • September 24, 2026

    Wachtell-Advised People Scraps $18B Take-Private MGM Bid

    People Inc. said it has withdrawn a June proposal to purchase all public shares of MGM Resorts International and take the company private, with advice from Wachtell Lipton Rosen & Katz. 

  • September 24, 2026

    NY Accuses Polymarket Of Illegal Gambling Operation

    New York sued Polymarket on Thursday alleging it runs an illegal gambling operation in the state through its sports prediction markets, the same day that Polymarket lodged its own suit accusing the state of intruding into the federal government's regulatory authority over derivatives trading.

  • September 23, 2026

    Goldstein Not Leaving Prison Any Time Soon, 4th Circ. Rules

    The Fourth Circuit balked late Wednesday at freeing Tom Goldstein from prison as he fights felony convictions, and it rejected fast-track review of the renowned appellate advocate's trial, indicating he'll likely spend substantial time behind bars even if his appeal succeeds.

  • September 23, 2026

    Banking Dems Protest GOP-Only Prediction Market Talks

    Every Democratic senator on the Banking Committee on Wednesday urged the panel's chairman, Sen. Tim Scott, R-S.C., to hold a public hearing on prediction markets, the same day Scott held a Republican member meeting with the CEO of sports betting platform Kalshi.

  • September 23, 2026

    Attorneys Say Unpaid Sanction No Basis To End Antitrust Suit

    Attorneys representing a shuttered soccer league say an unpaid $24,000 sanction that a Puerto Rico federal judge imposed on them for error-riddled court filings is no reason to dismiss the league's antitrust suit against FIFA and two affiliates.

  • September 23, 2026

    Ohtani Ball Holder Can Add Claim For $4.4M From Sale

    A Florida judge said Wednesday he would reopen pleadings in a three-way fight over a record-breaking home run ball by baseball star Shohei Ohtani to allow the defendant — the man who walked out with the ball — to add a claim for ownership of the ball.

  • September 23, 2026

    Kalshi, NM Tribes Face Off Over Sports Bets On Tribal Land

    Attorneys for Kalshi and four New Mexico Indigenous nations clashed Wednesday in New Mexico federal court over whether the prediction market platform is operating unlawful Class III gambling on tribal lands in violation of the Indian Gaming Regulatory Act, with arguments centering on precedent and nonmember tribal activity.

  • September 23, 2026

    State Pols Urge Justices To Rein In Kalshi's Sports Offerings

    A coalition of state lawmakers has urged the U.S. Supreme Court to review a Third Circuit decision allowing Kalshi to keep its sports offerings online in New Jersey, emphasizing that sports betting oversight must be left to the states.

  • September 22, 2026

    Kalshi Seeks CFTC OK For Event Contract Margin Trading

    Kalshi on Tuesday asked the U.S. Commodity Futures Trading Commission to sign off on a framework for allowing certain users to trade with borrowed funds, in a move aimed at drawing more institutional activity to the prediction market platform.

  • September 22, 2026

    USPTO Announces New AI Chief, Int'l Pilot, Outreach Office

    The U.S. Patent and Trademark Office has a new leader for artificial intelligence, is participating in a pilot program for a global intellectual property recordation system and is launching the latest outreach office. Here's what you need to know.

  • September 22, 2026

    CFTC Warns Prediction Platforms Of 'Mention Market' Risks

    The U.S. Commodity Futures Trading Commission on Tuesday warned prediction market operators that offering wagers on whether a person will say certain words, interact with someone or attend an event comes with heightened manipulation risks that platforms must address before listing.

  • September 22, 2026

    DraftKings Beats Class Action Over Voided NBA Game Bets

    An Indiana federal judge Tuesday tossed a lawsuit from a certified class of 99 bettors accusing DraftKings of canceling their successful wagers on an NBA game, saying the online sports betting giant wasn't in the wrong when it canceled the class representative's bet the day after a Lakers-Nuggets game.

  • September 22, 2026

    DC Circ. Says Copyright Board Must Explain Allocations

    The D.C. Circuit on Tuesday threw out a judicial copyright board's decision on how it divided cable retransmission payments from 2014 through 2017, faulting it for how it did a final step in determining allocations among claimants.

  • September 22, 2026

    No Play For NCAA Athletes Challenging Eligibility Rule

    A Philadelphia judge has denied a request by 15 college athletes who graduated from high school in 2022 for an order allowing them to participate in college sports while they challenge their exclusion from a new NCAA rule granting five years of eligibility for competition.

  • September 22, 2026

    Coinbase Halts Mich. Sports Offerings Amid Litigation

    Coinbase has agreed to pull its sports event contracts from Michigan while the Sixth Circuit untangles a web of litigation over the legality of prediction market platform sports offerings across two other states.

  • September 22, 2026

    DC Judge Tosses Okla. Tribes' Gaming Compact Challenge

    A D.C. district court judge has handed the federal government a summary judgment win in a challenge by four tribes in a long-running dispute over gaming compacts, finding that the Indigenous nations failed to show they have standing.

  • September 22, 2026

    Gun Industry Says Conn. Pistol Ban Violates 2nd Amendment

    A firearm industry trade association, a gunmaker and a retailer have pushed back on a Connecticut state law banning pistols that can be converted into fully automatic weapons, launching a federal lawsuit that largely mirrors a challenge Glock brought the same day.

  • September 21, 2026

    Glock Says Conn. Ban On 'Convertible Pistols' Is Too Vague

    A new Connecticut state law banning pistols that can be "readily converted" into fully automatic weapons should not apply to guns produced by Glock Inc. and, if it does, the statute is unconstitutionally vague, the company said in a federal lawsuit Monday.

  • September 21, 2026

    Tennis Pro Tara Moore Loses Bid To Nix WTA Doping Ban

    A New York federal judge has declined to vacate professional tennis player Tara Moore's arbitration loss ending her $20 million claim against the Women's Tennis Association over a four-year ban based on a doping violation.

  • September 21, 2026

    NCAA Fights Lower-Division Athletes' 5th-Year Eligibility Bid

    The NCAA urged a Colorado federal court not to become the first to certify a class of lower-division college athletes seeking a fifth season of eligibility, arguing they have significantly different circumstances from those of Division I athletes lodging a similar challenge.

  • September 21, 2026

    Judge Rules ESPN, Subsidiary Can Enter WWE Streaming Suit

    A Connecticut federal judge has ruled that ESPN and its subsidiary can intervene in a class action brought by World Wrestling Entertainment subscribers over an alleged "bait and switch" streaming scheme.

Expert Analysis

  • Series

    Taekwondo Makes Me A Better Lawyer

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    Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

  • What To Know As Legal Duty To Consider AI Takes Shape

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    While the U.K. Jurisdiction Taskforce’s recent statement on liability for artificial intelligence harms is nonbinding for both U.K. and U.S. lawyers, it highlights the importance of being able to distinguish between the availability of a tool and a professional obligation to use it, say Jonny Frank and Michael Costa at StoneTurn.

  • WWE Sanctions Ruling Pins Down Spoliation Lesson

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    The Delaware Chancery Court’s recent verdict in favor of WWE investors may be the most carefully calibrated spoliation sanctions decision in recent memory, and it should reshape how counsel approach their motions — including in federal court, says Ricky Weingarten at Slarskey.

  • Series

    Being In A Band Made Me A Better Lawyer

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    Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped develop the professional qualities I rely on as a litigator, including an ability to collaborate with strong-minded equals and the determination to treat each client with singular focus, says Eliad Shapiro at Herrick Feinstein.

  • How Drug Trial Prediction Markets Pose Insider Trading Risks

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    Multiple prediction market platforms have recently announced plans to offer event contracts related to clinical trial outcomes and regulatory decisions, creating new insider trading risks by expanding the group of people possessing related material nonpublic information far beyond traditional corporate insiders, say attorneys at King & Spalding.

  • Series

    Law School's Missed Lessons: Surviving A Long Trial

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    Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-examination or closing argument, effectively handling the marathon of a lengthy trial requires the ability to maintain composure, organization and credibility with the jury, says Mihir Elchuri at Hirschler.

  • How Copa América Reshaped Crowd Security Risk Planning

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    Two years after crowds overwhelmed security at the Copa América Final in Florida, the host stadium's updated practices demonstrate a reassessment of the standard of reasonable care for large events, illustrating broader principles that attorneys, venue operators, municipalities, insurers and security professionals should consider, says Joshua Padron at Padron & Lopez-Trigo.

  • Series

    Going To Hardcore Shows Makes Me A Better Lawyer

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    While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are about community, focus, being prepared for the unexpected and managing chaos, says Isaac Natter at Fluet.

  • How New Counter-Drone Rule Will Reshape Event Security

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    A new interim final rule on counter-unmanned aircraft systems creates one of the most structured regulatory frameworks yet adopted for mitigating unauthorized drone activity, with implications for law enforcement, airport and stadium operators, drone companies, and public event organizers, say attorneys at Morgan Lewis.

  • Avoiding Sponsor Conflicts As NCAA Patch Rule Takes Effect

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    A new rule allowing schools to add corporate sponsor patches to athletes' uniforms may create a conflict with students' individual name, image and likeness agreements with competing brands, requiring negotiated contract provisions to reduce the legal risks, says Evan Rosenberg at Morritt Hock.  

  • Series

    Being A Sommelier Makes Me A Better Lawyer

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    Being a sommelier has quietly shaped how I practice law by changing the way I think, communicate and connect with people, and offers a constant reminder that expertise is about making your knowledge useful and accessible to others, says Kara Du at Sheppard.

  • Card Grading Merger Suit Tests Antitrust In Niche Market

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    Rasmussen v. Collectors Holdings, a class action pending in California federal court challenging the effects of a trading card grading company merger, reflects the elevation of trading cards from hobby collectibles to niche investment markets susceptible to classic antitrust injury theories, say attorneys at Kean Miller.

  • AI, Prediction Markets Lead Securities Developments In 2026

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    Securities class actions tied to artificial intelligence and the battle over prediction market regulation both raise novel questions that courts are only beginning to address and that will continue to resonate throughout the second half of the year, say attorneys at Skadden.

  • Series

    Teaching SEC Investigations Makes Me A Better Lawyer

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    Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.

  • AG Watch: Minn. Defends Prediction Markets Ban

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    Minnesota Attorney General Keith Ellison has aggressively defended the state's landmark statute banning prediction markets, but the court's July 27 temporary injunction in U.S. v. Minnesota blocking the law from taking effect could set the template for state authority across the country, say attorneys at Crowell & Moring.

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