Betting and Gaming
The betting and gaming business thrives at the highly regulated intersection of law and international commerce.
Traditional bricks-and-mortar gaming is evolving in response to changing economic realities, as new jurisdictions open their doors and as traditional markets come under pressure. Online gaming, with its inherently international reach, presents unique legal challenges as jurisdictions continually reevaluate whether and how to permit and regulate online wagering.
Our lawyers advise gaming and non-gaming entities, including private and institutional investors and government agencies, with respect to the development, interpretation, and application of laws, regulations, and precedent. We facilitate interaction with, and regularly appear before, licensing commissions in a variety of jurisdictions. Our experienced betting and gaming lawyers advise a broad spectrum of clients on issues related to tribal gaming in the United States. We have industry-specific experience in traditional gaming, as well as with respect to the tribal and online sectors. Our pertinent experience includes risk management, loss mitigation, compliance counseling, and litigation. We have also advised international gaming concerns with respect to employment and intellectual property matters and have developed an internationally recognized depth of experience advising clients seeking to offer online gaming opportunities to U.S. citizens.
Our lawyers stay current, to better serve our clients. We actively monitor legal and business developments impacting the betting and gaming sector, not just in the U.S. but around the world. Our team of gaming lawyers located in the U.S., the European Union, and Asia, is committed to our clients' long-term success. We are also active within the sector, and regularly publish and speak on topics of interest to operators, investors, and others with an interest in traditional, tribal, and online gaming.
Thought Leadership
On 30 January 2024, the US Citizenship and Immigration Services (USCIS) published a final rule (Final Rule) increasing the premium processing fee from US$2,500 to US$2,805, increasing filing fees for I-129 and I-140 employment-based petitions, and imposing a new Asylum Program Fee for each Form I-129 and I-140 filed by employers.
On 3 April 2024, the US Securities and Exchange Commission announced the first settlement with a stand-alone registered investment adviser for, among other things, failures to maintain and preserve certain electronic communications.
On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices.
On 7 March 2024, the Illinois Pollution Control Board proposed amendments to its Ground Water Quality regulations, which would set standards for selected per- and polyfluoroalkyl substances compounds at or near their levels of detection and would result in some of the most stringent standards in the country.