On June 8, 2021, legislation was introduced in the Pennsylvania House of Representatives that would legalize esports betting statewide. Pennsylvania’s sports wagering statute, as currently written, permits wagering on any...more
On June 10, 2021, the Louisiana State Legislature approved legislation establishing a licensing framework for retail and online sports betting in the 55 Louisiana parishes that voted to authorize sports betting in the...more
On May 25, 2021, the Connecticut General Assembly enacted legislation authorizing retail and online sports betting, online casino gaming and online daily fantasy sports (DFS), to be offered exclusively by the Connecticut...more
The explosive growth of sports betting in the United States has opened the door to a variety of new business opportunities for firms in the technology, hospitality, marketing, and financial services industries. It is...more
5/17/2021
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Compliance ,
Financial Services Industry ,
Gaming Legislation ,
Hospitality Industry ,
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Sports Betting ,
State Licenses ,
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Technology Sector ,
Vendors
On Friday, April 23, 2021, Florida Governor Ron DeSantis announced a 30-year Tribal Gaming Compact with the Seminole Indian Tribe that authorizes retail and online sports betting in the state under the Tribe’s exclusive...more
On April 15, 2021, Governor Doug Ducey signed legislation authorizing both retail and online sports betting in Arizona. The new law also legalizes daily fantasy sports contests, which have been prohibited in the state since...more
On April 12, 2021, the Maryland state legislature passed a bill legalizing both retail and online sports betting, which Governor Larry Hogan is expected to sign in the coming days. Maryland’s sports betting bill is among the...more
After months of suspenseful back-and-forth, the New York state legislature and Governor Andrew Cuomo have finally agreed upon legislation legalizing mobile sports betting throughout the state. The legislation is part of the...more
In Utica Mutual Insurance Company v. Fireman’s Fund Insurance Company, the U.S. Court of Appeals for the Second Circuit, reversing a jury verdict in the District Court, held that the “follow-the-settlements” doctrine does not...more
To balance the relative information inequality between an insurance company and its reinsurers, insurance companies often provide claim-related documents to their reinsurers. When some of those claim-related documents are...more
In Pennsylvania National Mutual Casualty Insurance Company v. Everest Reinsurance Company, the U.S. District Court for the Middle District of Pennsylvania held that procedural issues relating to the interpretation of...more
On July 16, 2018, the Delaware Supreme Court held in Travelers Indemnity Company v. CNH Industrial America, LLC, No. 420, 2017 (Del. Jul. 16, 2018), that a court’s choice of law inquiry in an insurance coverage dispute should...more