On Jan. 14, 2019, the Department of Justice’s Office of Legal Counsel issued an opinion reversing its 2011 position on the Wire Act and sports betting, contradicting not just itself but decisions by at least two District Courts and dicta by the U.S. Supreme Court by maintaining that the Wire Act prohibits all interstate wagering activity. U.S. Acting Attorney General Rod Rosenstein confirmed that there will be a 90-day window before DOJ attorneys will proceed with enforcement.
Online sportsbooks have always had to address the challenges and issues presented by the Wire Act so the regulatory landscape remains the same for this vertical. However, this Opinion has a significant impact on online casinos, poker, and lotteries. Stakeholders will need to evaluate how to structure the online gaming environment to be fully intrastate – as they have for online sports betting.
In this webinar, we will examine:
- The legal significance of the DOJ Opinion in light of existing precedent and legislative history
- The technological advances in online gaming which ensure the protection of the consumer and the games themselves.
- What regulators may expect in the coming months, especially regarding possible court challenges, enforcement actions and advocacy efforts.
- How to anticipate and be prepared for change in this rapidly evolving industry.
Presenters: Jeff Ifrah and George Rover
Considered one of daily fantasy sports, social gaming, eSports, skins betting, iGaming, blockchain technology, online sweepstakes and lotteries, peer-to-peer betting, and mobile gaming. Jeff is nationally ranked by Chambers USA, which states that “Jeff Ifrah of Ifrah Law is noted for his sophisticated gaming and licensing practice that emphasizes novel areas of the sector (like) cryptocurrency issues, internet sports betting and social media integration, among other matters."
Ifrah Law’s clients in the sports betting arena include Genius Sports, Unikrn, Bet365, Playtech, Worldpay and the Stars Group. The firm has also advised numerous states and government entities seeking to implement sports betting since its legalization. A frequent commentator in the media on gaming issues and the law, Jeff Ifrah is a founding member of iDevelopment and Economic Association (iDEA), a non-profit association seeking to grow jobs and expand online interactive entertainment business in the U.S. through advocacy and education.
George is well known in Federal and State government circles as well as the private legal and business sector for bringing high profile, complex legal and policy matters to successful conclusion. George is recognized internationally as one of the foremost experts in all aspects of casino and Internet gaming, sports betting, compliance and the licensing and investigation of individuals and businesses.
George spent the past 17 years of his governmental career assigned to the New Jersey Division of Gaming Enforcement (DGE), the most highly regarded gaming agency in the world. For the last 5+ years of his career, he served as Deputy Director of the DGE in charge of its Atlantic City office with direct responsibility for DGE’s Service Industry Licensing, Casino Prosecutions, Internet Gaming and Technical Services Bureaus. During his career at DGE, he directly handled all aspects of gaming including supervising investigations, drafting regulations, reviewing legislation, casino operations, AML, compliance, and cyber security.
George is the Managing Director of Princeton Global Strategies, LLC (PGS), a strategic advisory firm formed in June 2017 with fellow principals, Bill Pascrell III and Dale Florio. PGS provides multi-discipline strategic advice to assist clients seeking solutions to legal, governmental and political challenges for issues involving licensing, investigations, compliance, and AML across a wide spectrum of industries including casino and Internet gaming, sports betting, lottery, horse racing, alcoholic beverage regulation, legalization and regulation of marijuana, corporate compliance and criminal/administrative investigations and due diligence. The PGS team is prepared to utilize its extensive experience dealing with government officials, regulatory and criminal, and leveraging its far ranging network of contacts to solve the most challenging problems facing clients.