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 US 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 US but around the world. Our team of gaming lawyers located in the US, 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 28 June 2024, the US Supreme Court in Loper Bright Enterprises v. Raimondo overturned the 40-year-old Chevron doctrine, which required courts to defer to federal agencies’ reasonable interpretations of ambiguous statues.
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 22 August 2024, the Senate passed the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (the Bill), which requires certain organisations to make mandatory climate-related financial disclosures in their annual reports for financial years commencing after 1 January 2025.
While most of the attention surrounding the Supreme Court’s (the Court) decision in Loper Bright v. Raimondo (Loper), overturning the longstanding Chevron doctrine, has focused on the increased potential for successful challenges against agency actions, the decision will impact all stages of the public policy lifecycle—legislation, regulation, and only then litigation.