DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) has announced that it has delivered a letter to both the Non-Executive Chairman and Chief Executive Officer of PointsBet Holdings Ltd. (“PointsBet”) “setting forth an indicative offer to acquire” PointsBet’s U.S. business in an all-cash transaction with a purchase price of $195 million (the “Proposed Transaction”). DraftKings’ proposal represents a…
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The University of Iowa and the Department of Athletics announced yesterday that they “are aware of the sports wagering investigation and are fully cooperating. We have alerted the NCAA of the potential violations and we have hired outside counsel to assist in the investigative process. The athletics department provides education on NCAA rules regarding the…
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The NFL confirmed today that three players have been indefinitely suspended for violating the league’s gambling policy. Two other players were each suspended six games. Quintez Cephus and C.J. Moore of the Detroit Lions, and Shaka Toney of the Washington Commanders, are suspended indefinitely through at least the conclusion of the 2023 season for betting…
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Respondents to a Seton Hall University Sports Poll were asked if student athletes should be financially compensated for participating in revenue producing sports, above their scholarships and a cost of attendance stipend. The numbers were in favor and up from last year, with 55 percent of the general population, 62 percent of sports fans and…
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Hackney Publications has announced that it has published its latest segment of the Sports Law Expert Podcast, featuring attorney Irwin Kishner, a partner at Herrick, Feinstein LLP and co-chair of its Sports Law Group. The podcast segment can be heard here. Going forward, those interested in being notified when a segment goes live can subscribe by visiting here.…
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Hackney Publications announced today that it was making its latest issue of Sports Litigation Alert, published on February 24, 2023, the new sample issue on the site, a reflection of the issue’s “strength,” according to Editor and Publisher Holt Hackney. “We pride ourselves on providing provocative insight and thought leadership on the sports law issues…
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(The following is shared from Sports Litigation Alert, the nation’s leading sports law periodical. The Alert publishes 24 times a year, and features five case summaries and eight to 10 articles in each issue. With a subscription, readers have access to an archive of more than 4,000 original case summaries and expert articles, like the one…
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hackney Publications, the nation’s leading publisher of sports law periodicals, has announced new tools are being added to Sports Litigation Alert (Alert), a periodical that has been used in sports law classrooms for more than 15 years, which will make it even more useful for professors and their college students. “There’s a challenge in sports law classes…
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The Sports and Recreation Law Association (SRLA) will hold its annual meeting at the Tuscany Suites and Casino in Las Vegas February 22-25, 2023. More details, such as the keynote speaker, will be announced in January. SRLA serves academicians and practitioners in private and public sport and recreation settings. Members have diverse educational and experiential…
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More than million American adults plan to bet a total of $1.8 billion on the 2022 FIFA World Cup™, according to the American Gaming Association’s (AGA) inaugural survey on World Cup wagering. (Hackney Publications produces MyLegalBookie, which can be subscribed to on a complimentary basis at the site.) Unlike other major events like the Super Bowl and…
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