Many people in the U.S. that are trying to avoid violating sports law as it relates to gambling have turned to fantasy sports as an alternative.
The New York Times reports that while betting money on fantasy sports sites is protected under federal law as exemptions to online gambling, there is a fine line between them that is quickly becoming challenged in state courts. For example, two cases have already been brought to Illinois and New Jersey courtrooms as wagering companies began to change the rules of the game. Under the Unlawful Internet Gambling Enforcement Act of 2006, wagering games in which winners are not determined by the outcome of a single game or player are exempted from gambling restrictions.
However, some companies are now offering betting and wagering on games that take place over a shorter period of time, the Times reports. Industry professionals argue that daily, weekly or monthly fantasy sports fall under a different realm that season-long sports. As a result, this may blur the lines between legal wagering and gambling.
“On the spectrum of legality to illegality, they’re getting pretty close to the line,” Ryan Rodenberg, an assistant professor of sports law at Florida State University, told the Times. “It’s tough to make an intellectually honest distinction between the two.”
The most common franchise disputes involve breach of contract, franchise termination and non-renewal, intellectual property rights, territorial encroachment, royalty and fee payments, franchisor support obligations, and violations of state franchise laws such as the New Jersey Franchise Practices Act. Franchisors and franchisees can often resolve these conflicts by providing written notice detailing the dispute and […]
Reputational Risk and Legal Exposure: Why New Jersey Businesses Must Manage Them Together
New Jersey businesses must manage legal and reputational risk together because modern disputes play out on two fronts at once: the legal proceeding itself and the court of public opinion, where customers, employees, investors, and business partners often reach conclusions long before a judge or jury has had the opportunity to evaluate the facts. Success […]
Eviction Is Not Always the End: Understanding Post-Possession Rent Claims in New Jersey and New York
No. An eviction does not automatically end a tenant’s obligation to pay rent. Post-eviction rent claims are common because recovering possession resolves who has the right to occupy the premises, but it does not extinguish the tenant’s contractual obligations under the lease. Whether unpaid or future rent remains owed depends on three factors: the lease’s […]
Company Dissolved? Legal and Financial Consequences to Expect
A company is dissolved; legally, it ceases to exist. Accordingly, dissolution results in significant legal and financial consequences. It is a process that must be properly managed to avoid continuing liability. The Corporate Dissolution Process Corporate dissolution is the legal process of formally closing a corporation, paying its debts and distributing the remaining assets. Most […]
The Legal Implications of Signing a Triple Net Lease
A triple net lease is a commercial lease in which the tenant pays the property’s real estate taxes, insurance, and maintenance costs, known as the three nets, in addition to base rent. They are most often used in freestanding retail and office buildings and in large single-tenant industrial properties, with terms that typically run 10 […]
What does a business lawyer do? A business lawyer, also called a corporate attorney or commercial lawyer, advises, protects, and represents companies on the full range of legal matters that arise throughout a business’s life. From choosing the right entity structure on day one to negotiating complex acquisitions years later to defending against a breach-of-contract […]
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!
