Gaming – Legal News Feed

Bloomberg Law

Supreme Court Asked to Review Boundaries Between Sports Betting and Financial Markets as New Jersey Challenges Kalshi Approval

Pieter Gunst14 hours ago03 mins

New Jersey has approached the highest court for intervention regarding Kalshi Inc.’s sports betting market platform. The state’s argument centers on concerns that the platform, which allows users to speculate on sports outcomes, might circumvent established gambling regulations designed to protect consumers and ensure fair play. The request for review comes in response to the…

Ars Technica

EU Digital Services Act Poses New Compliance Challenges for ChatGPT, Reddit, and Roblox

Pieter Gunst3 days ago03 mins

OpenAI’s ChatGPT, social media platform Reddit, and gaming venue Roblox now face the European Union’s stringent online safety rules under the EU Digital Services Act (DSA). This regulatory move, announced by the European Commission, classifies these platforms as “very large online platforms.” This designation brings additional obligations, including the removal of illegal content and enhanced…

Law360

“Friday the 13th Franchise Sues Video Game Publisher Over Unpaid Royalties and Alleged Document Destruction”

Pieter Gunst5 days ago02 mins

The creators of the “Friday the 13th” franchise have filed a lawsuit targeting a video game publisher for allegedly withholding substantial royalties. The legal action, initiated last Friday, claims that royalties of up to $4.5 million from the game sales were not properly disbursed. Accusations extend to the destruction of financial documents that could have…

Ars Technica

US Court Upholds Nevada’s Authority in Landmark Ruling Against Kalshi’s Sports Betting Strategy

Pieter Gunst5 days ago03 mins

In a notable decision, the US Court of Appeals for the 9th Circuit has determined that Kalshi’s attempt to sidestep Nevada’s gambling laws by branding its sports bets as “swaps” under federal law does not hold water. This ruling marks a significant moment for prediction markets, particularly in the context of differing regulatory landscapes across…

Ars Technica

Potential Trump Tariffs on Semiconductors Raise Concerns Over AI Innovation and Tech Supply Chain

Pieter Gunst7 days ago03 mins

The tech industry is voicing strong concerns over potential semiconductor tariffs reportedly being considered by former President Donald Trump. According to industry insiders, these tariffs could severely impact artificial intelligence innovation in the United States. With discussions evolving, an anonymous report on Politico suggests that the tariffs might include a wide range of tech products,…

Law360

Gaming and Law: How Kalshi’s General Counsel is Navigating the Intersection of Entertainment and Regulation

Pieter Gunst7 days ago03 mins

In an intriguing melding of career interests, Kalshi’s General Counsel has successfully integrated two seemingly contrasting passions: gaming and law. The blend of these fields is not entirely novel, but the way in which professionals are now cultivating career paths that bridge diverse disciplines is unique. Kalshi, a platform enabling users to trade on the…

Ars Technica

Roblox Under Fire: Australian Regulator Highlights Platform’s Gaps in Child Safety Measures

Pieter Gunst2 weeks ago04 mins

Roblox, a popular online gaming platform among children, is facing scrutiny over its ability to effectively shield young users from adult predators. Despite implementing measures last fall aimed at curbing unsolicited messages from adults to minors, the platform reportedly continues to fall short in preventing other forms of inappropriate contact. Australia’s eSafety commissioner, Julie Inman…

Law360

Microsoft Seeks Dismissal of Lawsuit Alleging Price-Fixing with Valve in Gaming Market

Pieter Gunst3 weeks ago03 mins

Microsoft is seeking dismissal of a class action lawsuit brought by PC gamers, accusing the company of participating in an illegal price-matching agreement with Valve Corp. This legal maneuver comes amid claims that Valve coerced publishers into complying with its terms for video game distribution. The core of the lawsuit alleges that Microsoft and Valve…

Law360

Papaya Gaming Seeks Chapter 15 Bankruptcy Protection Amidst $719 Million False Advertising Judgment

Pieter Gunst1 month ago03 mins

Israeli mobile gaming company Papaya Gaming, known for hosting millions of Solitaire and Bingo tournaments across its platforms daily, recently sought protection under Chapter 15 bankruptcy in a Delaware court. This legal maneuver follows a significant $719 million judgment issued by a New York federal court concerning allegations of false advertising. The move to file…

Law360

Papaya Gaming Ordered to Pay $729.1 Million in Landmark Mobile Game Misrepresentation Case

Pieter Gunst1 month ago03 mins

In a significant development from the New York federal court, Papaya Gaming Ltd. has been mandated to disgorge $719 million and cover $10.1 million in attorney fees to Firy Inc. This ruling follows an earlier $420 million jury verdict in April, addressing claims that Papaya Gaming misrepresented the nature of its mobile games, specifically allegations…

Law360

Take-Two Interactive Underscores Legal Leadership Value with $8 Million CLO Compensation

Pieter Gunst1 month ago02 mins

Take-Two Interactive Software Inc., the gaming giant known for titles like “Grand Theft Auto” and “Red Dead Redemption,” reported that its Chief Legal Officer, Alan Lewis, received nearly $8 million in total compensation last year. This figure reflects not only his base salary but also stock awards and other incentives, demonstrating the increasing value placed…

Bloomberg Law

Skillz Wins $719 Million Legal Battle Against Papaya Gaming Over Intellectual Property Rights

Pieter Gunst1 month ago02 mins

In a significant legal development within the mobile gaming industry, Skillz Inc. has secured a substantial $719 million judgment against Papaya Gaming. This ruling was handed down by a court following a determination that Papaya had generated unjust profits, infringing upon Skillz’s proprietary framework for competitive gaming. The verdict underscores the intense competitive dynamics prevalent…

Law360

Legal Battle Over Game Removal Highlights Intellectual Property Tensions in Gaming Industry

Pieter Gunst1 month ago02 mins

In a significant development in the gaming industry, an Armenian game developer has implored a Washington federal court to prevent Big Fish Games from having its games removed from the Apple Store. The legal tussle arises from accusations directed at the developer for allegedly withholding source code crucial to Big Fish Games’ operations. The dispute…

Law360

“Legal Challenges in London: Key Corporate Cases Highlight Sector Pressures and Compliance Concerns”

Pieter Gunst1 month ago03 mins

This past week in London has seen several noteworthy legal developments that could have significant implications for businesses and legal professionals. Among these is the filing by financial advisory firm Smith Square Partners against the troubled social housing company, Home REIT. The lawsuit highlights ongoing issues within the social housing sector and raises questions about…

Law360

U.S. Supreme Court to Review Apple’s Appeal in Epic Games Antitrust Case, Setting Up Major Digital Marketplace Ruling

Pieter Gunst2 months ago03 mins

In a significant development for the technology and gaming industries, the U.S. Supreme Court has agreed to review Apple’s bid to overturn a contempt order issued by a California federal court. This order found Apple in violation of an injunction favoring Epic Games, which prohibits Apple from preventing app developers from directing users to external…

Law360

Epic Games Resolves Fortnite Leak Dispute, Highlighting Industry’s IP Protection Challenges

Pieter Gunst2 months ago03 mins

Epic Games Inc. and a former contractor have reached a settlement regarding allegations that confidential information about the popular video game “Fortnite” was leaked through social media platforms. This resolution follows Epic’s court motion requesting an order to formalize the agreement, which prevents the ex-contractor from possessing or using proprietary information and trade secrets. More…

Bloomberg Law

Biden Administration Supports Prediction Markets in Supreme Court Case, Highlighting Innovation in Financial Sectors

Pieter Gunst2 months ago04 mins

The U.S. Supreme Court recently found a significant ally in the Biden administration concerning the ongoing legal battle over prediction markets. The Solicitor General has filed a brief supporting the reinstatement of a prediction market platform, KalshiEX, which is facing regulatory hurdles from state authorities. This development marks an important step in the recognition of…

Jurist

US Appeals Court Upholds Ohio’s Parental Consent Law for Minors on Social Media

Pieter Gunst2 months ago03 mins

The US Court of Appeals for the Sixth Circuit has reinstated Ohio’s Social Media Parental Notification Act (SMPNA), marking a significant development in the ongoing legal battles over children’s access to digital platforms. In a 2-1 decision, the court upheld Ohio’s restrictions on social media use by minors under 16, a law initially suspended due…

Law360