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Sports & Betting
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January 23, 2025
AI Chatbot Co. CEO, Atty Spouse Indicted On $60M Fraud
Federal prosecutors in California arrested the former CEO of an artificial intelligence company Thursday alongside his lawyer wife, accusing the duo of a $60 million fraud scheme in which they allegedly lied to investors about the company's financial state and diverted funds to pay for their wedding.
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January 23, 2025
Ex-Tribal Chair Seeks High Court Review Of Extortion Verdict
A former tribal chair in Massachusetts told the U.S. Supreme Court on Thursday that the First Circuit was wrong and stands alone in ruling that federal extortion laws apply to Native American officials as it reinstated his convictions tied to the development of a casino project.
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January 23, 2025
Nike Says Defamation Allegations Must Go In $60M TM Fight
Nike moved this week to stop a Los Angeles-based company that says it once collaborated with the sportswear giant on custom sneakers for celebrities and athletes from moving forward with a defamation counterclaim against Nike's $60 million trademark lawsuit.
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January 23, 2025
Judge Throws Out Minor League Owners' Suit Against Rival
A New Jersey federal judge dismissed a suit brought against a minor league baseball team owner by a rival company over his alleged moves to undermine its position in financial negotiations with Major League Baseball, ruling that the owner had no duty to his rival during those talks.
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January 23, 2025
NCAA, Student-Athlete Near Deal To End W. Va. Transfer Suit
A West Virginia federal court has ordered an additional two-week pause in an antitrust lawsuit by an NBA hopeful who accused the NCAA of contract interference as the parties seek to finalize a settlement.
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January 23, 2025
Okla. High Court Says Gov. Stitt Can Lead Tribal-Gaming Case
The Oklahoma Supreme Court has unanimously confirmed Gov. Kevin Stitt's constitutional authority to represent the state in a lawsuit over the validity of tribal-gaming compacts for casino operations, but it also found that he cannot prevent the state attorney general from appearing in the case.
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January 23, 2025
DraftKings Sued Again Over Alleged 'Deceptive' Promotions
DraftKings lures new bettors with unethical and fraudulent practices, such as "risk-free" bets, newcomer bonuses and deposit matches, that make it "the present face of competition in the obscenely profitable, and formerly illegal, industry," according to a proposed class action in New York federal court.
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January 23, 2025
Feds Want 14 Years For Fraudster Who Scammed NBA Pros
Prosecutors asked a Manhattan federal judge to sentence a recidivist fraudster who was convicted of swindling two former NBA players out of $8 million to up to 14 years in prison, saying his previous sentences had not deterred him and he'd committed repeated bail violations.
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January 22, 2025
Minn. Operator Fights Tribal Bid To Nix Class III Gaming Suit
A casino and racetrack operator is fighting a bid to dismiss its lawsuit against two Minnesota tribal casino executives who argue that a recent Ninth Circuit ruling weighs in their favor in the dispute over alleged Racketeer Influenced and Corrupt Organization Act violations.
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January 22, 2025
Underdog Fantasy Games Are Bets In Disguise, Suit Says
Fantasy betting website Underdog Sports LLC has been accused of running an illegal gambling market in Georgia where the practice is outlawed, charging customers "entry fees" that are indistinguishable from wagers, according to a lawsuit removed to federal court Wednesday.
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January 22, 2025
Conn. Lawmaker Proposes Bill Legalizing In-Flight Gambling
A new Connecticut bill that would legalize sports betting on flights taking off from or landing in the Constitution State was referred to the state General Assembly's joint committee on general law Wednesday, one of multiple new measures aimed at regulating the state's emerging sports wagering industry.
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January 22, 2025
Hotel Guests Urge 3rd Circ. To Revive Algorithmic Pricing Suit
Guests accusing Atlantic City hotel-casino owners of inflating room rates by using the same software have told the Third Circuit that a lower court was wrong to rely on a similar case targeting room rates in Las Vegas when dismissing their claims.
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January 22, 2025
Vanderbilt QB, NCAA Want Eligibility Suit Paused Amid Appeal
Vanderbilt University star quarterback Diego Pavia and the NCAA have asked to pause Pavia's lawsuit that challenges NCAA eligibility rules, pending the organization's appeal to the Sixth Circuit of a recent decision granting him an additional year of eligibility.
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January 22, 2025
DC Judge Declines To DQ Jenner & Block In Casino Dispute
A D.C. federal judge on Wednesday rejected a bid from three Native American tribes to disqualify Jenner & Block LLP from a lawsuit that seeks to block the operation of a new casino in Oregon.
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January 22, 2025
Atty Seeks Appeal In Failed Bid To Unwind 'Varsity Blues' Plea
A former attorney and television executive wants to ask the First Circuit whether her guilty plea in the "Varsity Blues" college admissions case should stand after a U.S. Supreme Court ruling that she argues invalidates the government's theory.
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January 22, 2025
Snooker Star's Biz Files £10M Claim Over Player Contracts
A company part-owned by snooker world champion Ronnie O'Sullivan has lodged a claim with the Competition Appeal Tribunal over contract terms that prevent players from taking part in tournaments not organized by the sport's major governing body.
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January 21, 2025
Michigan Gaming Authority Sues To Keep Out Betting App
TwinSpires horse-racing betting platform removed to federal court a lawsuit by the Michigan gaming authority aimed at shuttering its activity in the state, arguing Tuesday that the federal Interstate Horseracing Act supersedes state law in the matter.
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January 21, 2025
4th Circ. Backs NASCAR Team Owner's $31M Ch. 11 Sanction
The Fourth Circuit has backed a $31 million default judgment entered against a former NASCAR team manager as a sanction after what the published opinion called "egregious behavior" during discovery and "willful disregard of the bankruptcy code and the orders of the bankruptcy court."
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January 21, 2025
NFL, Jets Settle With Man Claiming He Created Team Logo
The New York Jets and the National Football League on Tuesday settled a federal copyright infringement suit brought by a former Jets employee over a logo he said he designed decades ago but was used without his permission or compensation.
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January 21, 2025
ACC Asks Fla. High Court To Pause FSU's Suit
The Atlantic Coast Conference said Tuesday that it intends to ask the Florida Supreme Court to take up its bid to halt Florida State University's grant-of-rights contractual lawsuit in favor of the conference's action in North Carolina.
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January 21, 2025
Enterprize Sports Sued For 'Sea Salt Bartender' Video Use
Sports media company Enterprize Sports LLC has been sued for copyright infringement by a professional videographer who alleges the Tennessee-based company used her copyrighted video of the "Sea Salt Bartender" without permission on its Instagram account.
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January 21, 2025
WWE Accuser Eyes Deal With Doctor In Medical Records Feud
A former legal staffer for World Wrestling Entertainment Inc. suing the company and ex-executives for alleged abuse is in talks to settle a related court fight with a celebrity doctor whom she accused of withholding medical information from her, the parties told a Connecticut state court judge Tuesday.
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January 17, 2025
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 17, 2025
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, including at the U.S. Supreme Court.
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January 17, 2025
DC Circ. Unsure On Restoring CFTC's Election Betting Ban
The D.C. Circuit seemed hesitant Friday to reimpose a ban that the U.S. Commodity Futures Trading Commission had placed on gambling over the fate of U.S. elections, as the judges spent over an hour trying to parse what Congress meant when it said that gaming on derivatives platforms was prohibited.
Expert Analysis
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Litigation Inspiration: Honoring Your Learned Profession
About 30,000 people who took the bar exam in July will learn they passed this fall, marking a fitting time for all attorneys to remember that they are members in a specialty club of learned professionals — and the more they can keep this in mind, the more benefits they will see, says Bennett Rawicki at Hilgers Graben.
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Opinion
AI May Limit Key Learning Opportunities For Young Attorneys
The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern recognition skills that undergird creative lawyering, says Sarah Murray at Trialcraft.
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What's In The Cards For CFTC's Election Betting Case
A D.C. federal judge's Sept. 12 ruling, allowing KalshiEx to offer derivative contracts trading on the outcome of the U.S. congressional elections over objections from the U.S. Commodity Futures Trading Commission, could mark a watershed moment in the permissibility of election betting if upheld on appeal, say attorneys at BakerHostetler.
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How NLRB Memo Balances Schools' Labor, Privacy Concerns
Natale DiNatale at Robinson & Cole highlights the recent National Labor Relations Board advice memorandum that aims to help colleges reconcile competing obligations under the National Labor Relations Act and the Family Educational Rights and Privacy Act as university students flock toward unionization.
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Series
Round-Canopy Parachuting Makes Me A Better Lawyer
Similar to the practice of law, jumping from an in-flight airplane with nothing but training and a few yards of parachute silk is a demanding and stressful endeavor, and the experience has bolstered my legal practice by enhancing my focus, teamwork skills and sense of perspective, says Thomas Salerno at Stinson.
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And Now A Word From The Panel: The MDL Map
An intriguing yet unpredictable facet of multidistrict litigation practice is venue selection for new MDL proceedings, and the Judicial Panel on Multidistrict Litigation considers many factors when it assigns an MDL venue, says Alan Rothman at Sidley Austin.
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Why Now Is The Time For Law Firms To Hire Lateral Partners
Partner and associate mobility data from the second quarter of this year suggest that there's never been a better time in recent years for law firms to hire lateral candidates, particularly experienced partners — though this necessitates an understanding of potential red flags, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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Considering Possible PR Risks Of Certain Legal Tactics
Disney and American Airlines recently abandoned certain litigation tactics in two lawsuits after fierce public backlash, illustrating why corporate counsel should consider the reputational implications of any legal strategy and partner with their communications teams to preempt public relations concerns, says Chris Gidez at G7 Reputation Advisory.
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It's No Longer Enough For Firms To Be Trusted Advisers
Amid fierce competition for business, the transactional “trusted adviser” paradigm from which most firms operate is no longer sufficient — they should instead aim to become trusted partners with their most valuable clients, says Stuart Maister at Strategic Narrative.
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Behind 3rd Circ. Ruling On College Athletes' FLSA Eligibility
The Third Circuit's decision that college athletes are not precluded from bringing a claim under the Fair Labor Standards Act raises key questions about the practical consequences of treating collegiate athletes as employees, such as Title IX equal pay claims and potential eligibility for all employment benefits, say attorneys at Debevoise.
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Video Game Release Highlights TM Pitfalls Of App Store
The upcoming release of poker video game Balatro in Apple's App Store underscores the tradeoff of keyword advertising and trademark protection for indie developers who, unlike corporate counterparts, lack resources but seek to maximize the reach of their game, say Parmida Enkeshafi and Simon Pulman at Pryor Cashman.
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Del. Dispatch: Drafting Lessons For Earnout Provisions
The Delaware Court of Chancery's recent decision in Medal v. Beckett Collectibles provides guidance for avoiding ambiguity in provisions relating to the acceleration of earnout payments under specified circumstances, and provisions mandating good faith negotiations before bringing earnout litigation, say attorneys at Fried Frank.
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Assessing Algorithmic Versus Generative AI Pricing Tools
A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.
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A Preview Of AI Priorities Under The Next President
For the first time in a presidential election, both of the leading candidates and their parties have been vocal about artificial intelligence policy, offering clues on the future of regulation as AI continues to advance and congressional action continues to stall, say attorneys at Mintz.
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How Companies Are Approaching Insider Trading Policies
An analysis of insider trading policies recently disclosed by 49 S&P 500 companies under a new U.S. Securities and Exchange Commission rule reveals that while specific provisions vary from company to company, certain common themes are emerging, say attorneys at Gibson Dunn.