Sports & Betting

  • April 02, 2024

    Kirkland-Led Arctos Scores $4.1B For Sports-Focused Fund

    Sports-focused private equity shop Arctos, advised by Kirkland & Ellis LLP, on Tuesday announced that it clinched its latest flagship sports fund after securing more than $4.1 billion from investors, around one-third of which has already been invested across various sports franchises.

  • April 02, 2024

    Silver Lake To Take Endeavor Group Private For $13B

    Sports and entertainment company Endeavor Group Holdings Inc. said Tuesday it has agreed to be acquired by California-based private equity firm Silver Lake in a take-private deal with a $13 billion equity value.

  • April 01, 2024

    Nike Defeats Greenwashing Suit Over 'Sustainability' Line

    Nike has defeated a proposed class action alleging it greenwashes its clothing by claiming they're made sustainably while using methods that harm the environment, after a Missouri federal judge concluded the plaintiff doesn't explain how she knows the products aren't made with recycled or organic materials and only provides conclusory statements.

  • April 01, 2024

    Sports Illustrated Hits 'Gangster' Ex-Publisher With IP Suit

    The owner of Sports Illustrated alleges in a $49 million lawsuit filed Monday in Manhattan federal court that an energy drink mogul acted like a "gangster" when he became the magazine's publisher, tearing apart a long-standing licensing agreement while sabotaging the brand and holding hostage valuable intellectual property.

  • April 01, 2024

    Skillz Hid 'Rudimentary' Gaming Tech, Investors Tell 9th Circ.

    Skillz Inc. investors urged the Ninth Circuit Monday to revive a consolidated proposed class action alleging the mobile-gaming company misled investors about its growth prospects surrounding its 2021 go-public merger with a special-purpose acquisition company — arguing Skillz skewed revenues and misleadingly touted its gaming technology, which was in reality "rudimentary."

  • April 01, 2024

    Women Must Arbitrate Suit Over Ex-Coach's Hidden Cam

    Newly discovered texts and files on a former Temple University football coach's devices won't help three women revive or revise their lawsuits against the coach and the dog-sitting app he used to recruit them, a Pennsylvania federal judge ruled Friday.

  • April 01, 2024

    Ex-Exec Sues Canadian Hockey League Team Over Firing

    The former vice president of finance for the Canadian Hockey League's Portland Winterhawks has sued the team and its general manager, claiming that the general manager intended to get the former executive fired from his new job due to the unfounded belief that he embezzled money from the franchise.

  • April 01, 2024

    Formula One Owner Buying MotoGP Racing Biz In $4.5B Deal

    Formula One owner Liberty Media Corp. said Monday that it had agreed to acquire MotoGP parent company Dorna Sports SL from Bridgepoint and the Canada Pension Plan Investment Board in a deal worth €4.2 billion ($4.5 billion). 

  • April 01, 2024

    High Court Won't Hear Mass. Residents' Tribal Land Dispute

    The U.S. Supreme Court on Monday denied a petition by a group of Massachusetts residents seeking to reverse a ruling that allowed the Department of the Interior to take 321 acres into trust for the development of a billion-dollar tribal hotel and casino.

  • March 29, 2024

    Trojan Battery Co. Gets $2.6M Win In TM Row

    A Texas federal judge has sided with Trojan Battery Co. in its trademark infringement and unfair competition case against Trojan EV LLC and Golf Carts of Cypress LLC, ordering a permanent injunction and an award of millions of dollars.

  • March 29, 2024

    Attys Dodge Sanctions Over Microsoft Word Error, Judge Rules

    An error in an attorney's Microsoft Word settings made sanctions against two firms for filing oversized briefs while representing High 5 Games in a consumer protection class action unnecessary, a Washington federal judge ruled Thursday.

  • March 29, 2024

    FuboTV Exits Investor Suit Over Sports Betting Biz, For Now

    A New York federal judge has dismissed a lawsuit from investors of sports streaming service FuboTV Inc. accusing it of misleading them about its attempt to enter into the sports betting business, saying that claims in short seller reports, which the investors say damaged share prices, are only opinions, not actionable facts.

  • March 29, 2024

    Gambling Co. To Face Most Card Shuffle Tech Antitrust Claims

    An Illinois federal judge largely refused to let Scientific Games Corp. duck monopolization claims over its automatic card shufflers dominance, finding that with the exception of two out of six asserted patents, a would-be rival has adequately alleged the company tricked the U.S. Patent and Trademark Office into granting those patents.

  • March 29, 2024

    Klehr Harrison Exits Athlete-Poaching Claims, Citing Conflict

    Klehr Harrison Harvey Branzburg LLP has ended its representation of sports memorabilia brokers ensnared in two sports agencies' battle in Pennsylvania federal court over a contract with former Detroit Lions wide receiver Kenny Golladay, citing concerns about an unspecified conflict of interest.

  • March 29, 2024

    SEIU Unit Defends Dartmouth Men's Basketball Union Ruling

    The Service Employees International Union local that recently won a landmark election to represent the Dartmouth College men's basketball team defended a National Labor Relations Board official's decision to greenlight the election, saying the case fell within her jurisdiction under federal labor law's "strikingly" broad definition of employee.

  • March 29, 2024

    DraftKings Rips Former Exec's 'Lies' In Ongoing Fanatics Spat

    Former DraftKings executive Michael Hermalyn lied in his opposition last week to its preliminary injunction request, just as he had during his departure to rival Fanatics and throughout a trade secrets and breach of contract suit against him, the company has told a Massachusetts federal court in defending its injunction request.

  • March 29, 2024

    Off The Bench: Ohtani Woes, Va. Ends Arena Plan, Pac-12 Deal

    In this week’s Off The Bench, MLB superstar Shohei Ohtani tries to untangle himself from a gambling scandal, Virginia’s rejection sends two D.C. pro franchises back home, and the Pac-12 pays up to two schools that were left behind. If you were sidelined this week, Law360 will catch you up with the sports and betting stories that had our readers talking.

  • March 29, 2024

    Don't Miss It: Davis Polk, Simpson Lead Month's Hot Deals

    A lot can happen in the world of mergers and acquisitions over the course of a month, and it's difficult to keep up with all the deals. Here, Law360 recaps the ones you may have missed, including transactions managed by Davis Polk & Wardwell LLP and Simpson Thacher & Bartlett LLP.

  • March 28, 2024

    Judge Doubts NBA NFT Licensors Belong In Meta Privacy Suit

    The developer of non-fungible token marketplace NBA Top Shot must face a proposed class action claiming it violated state and federal laws aimed at protecting video consumers, with the National Basketball Players Association and NBA Properties Inc., which handles the NBA's merchandising and licensing, escaping the suit for now.

  • March 28, 2024

    DOJ, FTC Weigh In On Another Pricing Algorithm Case

    The U.S. Department of Justice and the Federal Trade Commission intervened in another alleged algorithmic collusion case Thursday with a statement of interest arguing that Atlantic City casino-hotels can't duck room rate price-fixing allegations simply by arguing there's no evidence they communicated directly or that pricing recommendations were binding.

  • March 28, 2024

    Special Master Suggests Denying Bid To Toss Gaming IP Row

    A special master in the Northern District of Georgia has recommended denying an attempt to throw out patent infringement and trade secret claims that New York-based sports tech company Vetnos LLC has lodged against Atlanta-based rival PrizePicks.

  • March 28, 2024

    Fitness Firm Wants TTAB To Ax Mountain Bike Co.'s TMs

    Workout products company Rogue Fitness has urged an Ohio federal judge to make the U.S. Patent and Trademark Office cancel a mountain bike seller's registration for its "Rogue Ridge" mark, arguing the USPTO's internal appeals board wrongly refused to do so when the fitness company objected.

  • March 28, 2024

    Adidas Defeats Hockey Fan's Red Wings Jersey Suit

    A Michigan federal judge on Wednesday tossed a hockey fan's lawsuit alleging Adidas misled customers into thinking its retail Red Wings jerseys were identical to the in-game uniforms, saying the customer couldn't point to any such promise from the sportswear company.

  • March 28, 2024

    NCAA Argues Certification Of Alston Payout Class Too Complex

    The NCAA and the Power 5 conferences have told a California federal judge that the "highly varied and diverse ways" schools compensated athletes after the 2021 Alston Supreme Court decision make it implausible to certify the class suing for past compensation — saying plaintiffs have chosen to "simply ignore all of this complexity.''

  • March 28, 2024

    Deals Rumor Mill: WeWork, Reading FC, Pet Food Co.

    Ex-WeWork CEO Adam Neumann looks to buy the company back, Chiron Sports Group is in talks to buy Reading Football Club, and the private equity firms Advent and CVC eye a pet food company. Here, Law360 breaks down the notable deal rumors from the past week.

Expert Analysis

  • Opinion

    Federal Judge's Amici Invitation Is A Good Idea, With Caveats

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    An Arkansas federal judge’s recent order — inviting amicus briefs in every civil case before him — has merit, but its implementation may raise practical questions about the role of junior attorneys, economic considerations and other issues, says Lawrence Ebner at the Atlantic Legal Foundation.

  • 5 Pointers For Game Cos. Facing Calif. Kids Privacy Law

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    The recently enacted California Age-Appropriate Design Code Act will have far-reaching implications for video game companies, and organizations will need to take steps accordingly to protect children’s privacy — from allocating compliance to implementing age assurance mechanisms, say Emma Smizer and Rick Borden at Frankfurt Kurnit.

  • Recent Rulings Affirm Tribal Sovereign Immunity And Joinder

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    Two recent rulings from the Ninth Circuit and one from the Western District of Washington attest to the strength of tribal sovereign immunity — even in cases where there is no named tribal party — and strongly suggest that tribes themselves are best positioned to represent their own interests, say attorneys at K&L Gates.

  • Fox Ex-Producer Case Is A Lesson In Joint Representation

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    A former Fox News producer's allegations that the network's lawyers pressured her to give misleading testimony in Fox's defamation battle with Dominion Voting Systems should remind lawyers representing a nonparty witness that the rules of joint representation apply, says Jared Marx at HWG.

  • Beware The Rocket Ship: How SEC Is Scrutinizing Emoji Use

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    Recent U.S. Securities and Exchange Commission cases illustrate how emojis may be weaponized to allege the existence of a security in litigation — the rocket ship emoji has received particular attention — and offer helpful insight into how the agency may use emojis as evidence of a statement, act or intent going forward, say attorneys at Holland & Knight.

  • And Now A Word From The Panel: Baseball And MDLs

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    With the Judicial Panel on Multidistrict Litigation meeting on MLB opening day, Alan Rothman at Sidley explores connections between the national pastime and MDL, including sports-related proceedings in the areas of antitrust, personal injury, and marketing and sales.

  • Opinion

    Stanford Law Protest Highlights Rise Of Incivility In Discourse

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    The recent Stanford Law School incident, where students disrupted a speech by U.S. Circuit Judge Kyle Duncan, should be a reminder to teach law students how to be effective advocates without endangering physical and mental health, says Nancy Rapoport at the University of Nevada.

  • Opinion

    Proposed Broadcast Ban On Sports Betting Ads Is Overbroad

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    The Betting on our Future Act, which proposes a total broadcast ban of advertising for sports betting, would violate commercial speech rights due to the heightened protection of advertising speech since the tobacco ban, and is unlikely to pass constitutional muster under a key U.S. Supreme Court test, says Mark Conrad at Fordham University.

  • Dispute Prevention Strategies To Halt Strife Before It Starts

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    With geopolitical turbulence presenting increased risks of business disputes amid court backlogs and ballooning costs, companies should consider building mechanisms for dispute prevention into newly established partnerships to constructively resolve conflicts before they do costly damage, say Ellen Waldman and Allen Waxman at the International Institute for Conflict Prevention and Resolution.

  • What Esports Ruling Means For College Title IX Compliance

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    A Florida federal court's recent ruling in Navarro v. Florida Institute of Technology, that esports are not subject to Title IX scrutiny, could guide internal audits but might also permit unchecked loopholes — so colleges should watch for case law that may alter or qualify the determination, say Christina Stylianou and Gregg Clifton at Lewis Brisbois.

  • Defamation Alternatives For Suing Hoax Social Media Users

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    A recent proliferation of false or hoax social media content has targeted public figures and corporate accounts, and for plaintiffs seeking redress there are three types of claims that may be less-risky alternatives to defamation and libel litigation, say Charles Schafer and Ross Kloeber at Sidley.

  • Practical Skills Young Attorneys Must Master To Be Happier

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    For young lawyers, finding happiness on the job — with its competitive nature and high expectations for billable hours — is complicated, but three skills can help them gain confidence, reduce stress and demonstrate their professional value in ways they never imagined, says career counselor Susan Smith Blakely.

  • Pending NCAA Ruling Could Spell Change For Unpaid Interns

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    The Third Circuit's upcoming Johnson v. NCAA decision, over whether student-athletes can be considered university employees, could reverberate beyond college sports and force employers with unpaid student interns to add these workers to their payrolls, say Babak Yousefzadeh and Skyler Hicks at Sheppard Mullin.

  • ABA Opinion Should Help Clarify Which Ethics Rules Apply

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    A recent American Bar Association opinion provides key guidance on interpreting ABA Model Rule 8.5's notoriously complex choice-of-law analysis — and should help lawyers authorized to practice in multiple jurisdictions determine which jurisdiction's ethics rules govern their conduct, say attorneys at HWG.

  • 4 Ways To Reboot Your Firm's Stalled Diversity Program

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    Law firms that have failed to see real progress despite years of diversity initiatives can move forward by committing to tackle four often-taboo obstacles that hinder diversity, equity and inclusion efforts, says Steph Maher at Jaffe.

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