Sports & Betting

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    People Inc. said it has withdrawn a June proposal to purchase all public shares of MGM Resorts International and take the company private, with advice from Wachtell Lipton Rosen & Katz.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

  • September 21, 2026

    Ex-NFL Player Gets New Trial In $328M Medicare Fraud Case

    A Texas federal judge has granted a new trial for a former NFL player convicted in a $328 million Medicare billing scheme, finding that the government presented unreliable testimony and did not identify the alleged lies the defendant used to influence physicians.

  • September 21, 2026

    NJ Firm Says Communications Off-Limits In Defamation Case

    Investigative firm Black Cube has pushed back against a gambling technology company's bid to vacate a special adjudicator's denial of discovery into certain communications between Black Cube and law firm Calcagni & Kanefsky LLP, arguing the bid doesn't satisfy the discovery standard under New Jersey's anti-SLAPP law.

  • September 21, 2026

    Clippers Tap BigLaw Vet To Fill In For Suspended Owner

    The Los Angeles Clippers on Monday named veteran corporate litigator John S. Gibson as the team's interim CEO and governor while team owner Steve Ballmer serves a one-year suspension for violating the NBA's salary cap rules.

  • September 18, 2026

    Ex-DOJ Chief Lambastes 'Abuses Of Power' In Goldstein Case

    The U.S. Department of Justice constantly made false statements in its criminal case against famed appellate advocate Tom Goldstein, and his convictions must be erased because "prosecutorial misconduct pervaded every stage of the proceedings," a former DOJ prosecutor told the Fourth Circuit.

Expert Analysis

  • Series

    Playing Basketball Makes Me A Better Lawyer

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    My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

  • How 'Bundling' Enforcement Is Parsing Efficiency, Access

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    Recent antitrust enforcement actions have taken a selective view of companies' bundling of products or services — challenging it when it shuts out rivals, but tolerating it when it creates efficient scale — making the real test now less about lower prices than about whether competition is being blocked, says attorney Alan Kusinitz.

  • Series

    The Biz Court Digest: Georgia Court Has Business On Its Mind

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    Thanks to recent legislation, the Georgia State-wide Business Court will soon offer business litigants greater access to the court than ever before, further enhancing the court's emphasis on efficiency, predictability and accessibility for sophisticated commercial disputes, says former GSBC judge Walt Davis at Jones Day.

  • Mass. Draft Regs Signal Nationwide Scrutiny Of Junk Fees

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    Massachusetts Attorney General Andrea Campbell's new draft regulations for assisted living facilities is only her latest move in the war on junk fees — and part of a national reordering of consumer protection enforcement in which states are aggressively and creatively asserting authority, says Steve Provazza at Arnall Golden.

  • Where The Preemption Fight Over Prediction Markets Stands

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    While the Third Circuit's recent ruling in Kalshi v. Flaherty remains a significant win for the federal government in its quest to regulate prediction markets, the Fourth, Sixth and Ninth Circuits appear more skeptical, indicating that this fight is likely headed for the Supreme Court, says Johnny ElHachem at Holland & Knight.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • Understanding The Insider Trading Gap In Prediction Markets

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    While the first-ever insider trading indictment involving a prediction market — the recent prosecution of a service member involved in the capture of Nicolás Maduro — comprised extreme facts and straightforward legal theories, future cases will test the bounds of insider trading law, say attorneys at Baker McKenzie.

  • Heppner Ruling Left AI Privilege Risk For Lawyers Unresolved

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    While a New York federal judge’s recent ruling in U.S. v. Heppner resolved a privilege question surrounding client-side artificial intelligence use, it did not address how to mitigate the risks that can arise when confidential information enters the operative context of an AI system used by an attorney, says Jianfei Chen at Quarles & Brady​​​​​​​.

  • The Ethics And Practicalities Of Representing AI Agents

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    With autonomous artificial intelligence agents now able to take action without explicit instructions from — or the awareness of — their human owners, the bar must confront whether existing frameworks like informed consent and client privilege will be sufficient on the day an AI agent calls seeking counsel, say attorneys at Morrison Cohen.

  • Surveying The CFTC Campaign To Control Prediction Markets

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    The U.S. Commodity Futures Trading Commission is simultaneously asserting exclusive jurisdiction over prediction markets and signaling aggressive enforcement within them, a combination that will reshape the regulatory landscape for event contract platforms — pending the outcome of several court cases throughout the country and a likely circuit split, say attorneys at Paul Weiss.

  • Series

    Speed Jigsaw Puzzling Makes Me A Better Lawyer

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    My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

  • Insider Trading Safeguards Can Mitigate Sports Betting Risk

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    As the rapid growth of sports betting heightens the risk that sensitive information held by coaches, players and staff may be improperly exploited, sports organizations can look to the securities context to safeguard information and address potential misconduct, say attorneys at Patterson Belknap.

  • Bet On Prediction Market Regulation To Accelerate

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    Watershed developments concerning prediction markets — such as the first insider trading charges, major speeches from U.S. Commodity Futures Trading Commission leadership, and the introduction of rulemaking and legislation — dominated the first quarter of 2026, a trend that will likely continue throughout the rest of the year, say attorneys at K&L Gates.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Opinion

    Tribal Gaming Law Is Paramount In Prediction Market Cases

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    Whatever the outcome of the preemption question in prediction market litigation involving states and the federal government, the Indian Gaming Regulatory Act deals very specifically with gaming on Indian lands and almost certainly trumps the general federal laws at issue, says Kevin Washburn at the University of California, Berkeley.

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