Kalshi, the world’s largest prediction market, today announced that NBA star Giannis Antetokounmpo is joining the company as a shareholder. Antetokounmpo will be the company’s first basketball star to join as a shareholder, and will partner with the company at live events, in marketing, and more. The partnership was announced Friday via Antetokounmpo’s social media…
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Ahead of Super Bowl Sunday, Arizona Attorney General Kris Mayes urged all sports betting fans today to be vigilant against sports betting scams and unregulated prediction markets if they choose to place bets around the big game. “For Arizonans who choose to participate in legal sports betting, it’s important to be on the lookout for…
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By Bernard G. Dennis, III, G. Bryce Goodwyn, Jason S. Kaner & Oliver F. Page, of Jackson Lewis Takeaways The DOJ gambling indictments include 20 NCAA basketball players allegedly targeted for bribes to exceed their NIL compensation. According to NCAA President Charlie Baker, all those indicted were part of completed or ongoing NCAA investigations and…
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Bond Schoeneck & King attorneys Mike Sheridan, a former NCAA investigator, and Michael Barnett, a former federal prosecutor, will team up on January 22 to explain the recent indictments targeting alleged gambling corruption in professional sports and what universities should consider if and when federal authorities investigate college athletes for similar conduct. To register for…
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Sports law sits at the intersection of multiple complex disciplines—labor law, antitrust, intellectual property, tort liability, contracts, Title IX, NIL compliance, and league governance. Because issues move quickly and litigation evolves in real time, high-quality research tools are essential for practitioners, scholars, and students. Whether you’re drafting a memo, building a syllabus, preparing a lecture,…
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The recently announced FBI gambling probe resulting in 30-plus arrests across 11 states drew much attention to the prominent NBA figures implicated in illegal poker games and inside information sharing. But another aspect of the investigation—that it reportedly targets alleged point-shaving in college basketball—reprises the significance of a 2010-published study by Professor of Finance Steve Heston at the University of Maryland’s Robert H. Smith…
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Professors use Sports Litigation Alert in the classroom primarily to supplement textbooks with current, real-world case studies, fostering better in-class discussion and allowing students to apply legal concepts to up-to-date issues. Key benefits for a professor include: Currency of Information: Textbooks can quickly become outdated in the fast-moving field of sports law. The bi-weekly Alert provides timely summaries…
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Donald Remy, who was the top lawyer at the NCAA for more than a decade, noted on a LinkedIn post a couple days ago that he foresaw what would happen if the “floodgates were opened” for legalized sports betting in the US. His post follows: When the Supreme Court struck down PASPA in 2018, I…
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A new study from the University of Maryland’s Robert H. Smith School of Business and co-authors at SMU Cox School of Business and UC San Diego Rady School of Management shows that states’ rush to legalize online sports betting is reshaping consumer behavior, state finances and public health. Since the Supreme Court struck down the Professional and Amateur Sports Protection…
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The NCAA and Venmo are collaborating to combat online harassment of student-athletes, which has been exacerbated by the growth of sports betting, officials from both organizations announced recently. The partnership comes as college football season begins and aims to provide protections against unwanted and abusive online interactions. The initiative addresses an increase in harassment, in…
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