Microsoft and Activision Seek Chancery Approval for $69 Billion Merger Amid Shareholder Lawsuit

Microsoft Corporation and Activision Blizzard are seeking Chancery approval for their $69 billion merger. This follows the two tech giants’ desire to conclude a parallel case that has been ongoing since November 2022. The case was initiated by an Activision shareholder, the Swedish pension fund Sjunde AP-fonden. This suit is viewed as a significant step…

Read More

Restructuring Efforts Surge as Companies Navigate Pandemic Challenges

The French supermarket group casino is restructuring its operations and has hired a restructuring lawyer, evidently appointing him as their General Counsel (GC). This move appears to be part of the company’s efforts to rebuild and stabilize its operations amidst challenges. The action taken by the supermarket group aligns with the perspectives of many companies…

Read More

DraftKings Appoints Lori Kalani as First Chief Responsible Gaming Officer

DraftKings Inc., on Monday, announced the appointment of Lori Kalani as the company’s first Chief Responsible Gaming Officer. Kalani, a partner at Cozen O’Connor and co-chair of the law firm’s state attorneys general practice, will now focus on implementing consumer safety and protection practices across the gaming platform. Read More A seasoned expert in consumer…

Read More

SEC’s Expanding Crypto Oversight: Debating Boundaries and Public Digital Infrastructures

The birth of the internet, sparked by the adoption of the TCP/IP common communications protocol in 1983, created an open, public digital infrastructure with ubiquitous access expectations. In this realm, financial regulators at bodies such as the Securities and Exchange Commission (SEC) and the Federal Reserve largely did not view internet protocols as within their…

Read More

From Kavanaugh Aide to Gaming Industry’s Top Earner: The Rise of Zachary Hudson

A former aide to Supreme Court Justices John Roberts Jr. and Brett Kavanaugh, D. Zachary Hudson, has now emerged as one of the highest-paid company lawyers within the United States’ gaming industry. After working with the influential casino tycoon Sheldon Adelson, Hudson’s career trajectory stratospherically soared. Hired as the global general counsel for the Las…

Read More

Second Circuit Panel Rules: ‘Jackpot’ Generic Term, Disregards Trademark Infringement Claim

In a recent trademark litigation, lottery platforms Jackpot.com and Jackpocket were pitted against each other. A panel comprising of three judges from the U.S. Court of Appeals for the Second Circuit upheld a district court decision admonishing Jackpocket’s claim against Jackpot.com. The panel unanimously held that the term ‘jackpot’ is generally understood and used within…

Read More

Embracing eSignatures: How Legal Tech Streamlines In-House Processes and Boosts Efficiency

Ivana Kovacevic, the group general counsel of Australian gaming, wagering and media company Tabcorp, firmly advocates the benefits of legal tech. One of Kovacevic’s key tips for general counsel keen on garnering support for legal tech in their corporations is the introduction of eSignatures. This simple yet effective tool has brought about significant improvements across…

Read More

Tabcorp GC Advocates eSignatures as Gateway for Legal Tech Adoption in Business

Ivana Kovacevic, group general counsel for Australian gaming, wagering, and media company Tabcorp, provides some sage advice for fellow general counsels seeking to encourage legal tech adoption within their organizations: start with eSignatures. She points to the benefits of applications like DocuSign, which she says serves the business side of operations by streamlining the signing…

Read More

Defamation Lawsuits Advance: Gaming Firm Battles Slanderous Business Conduct Allegations

Recently, two identical defamation lawsuits filed by Grover Gaming against employees of a competing firm, Powerhouse Gaming Inc., have been allowed to proceed by a federal judge in Virginia. Grover Gaming, an electronic pull tabs provider licensed by the Virginia Department of Agriculture and Consumer Services’ Office of Charitable and Regulatory Programs, alleges that Powerhouse…

Read More

Antitrust Battles Define 2023 as FTC Scrutiny Increases on Corporate Mergers

The year 2023 marked significant antitrust battles resulting from the Federal Trade Commission’s increased scrutiny under the leadership of Chair Lina Khan. Several transformative corporate deals drew the attention of regulators, causing concern among companies attempting to merge or acquire others. The regulatory landscape was marked by slow progress, abandoned deals, and a fair share…

Read More

Microsoft Transitions Gaming Subcontractors to Unionized Roles, Expanding Organized Labor’s Influence

In an unusual industry move, Microsoft Corp. is in the process of transitioning a group of its subcontracted temporary staff into unionized positions. This decision expands the grasp of organized labor within one of the world’s largest software companies. According to an article by Bloomberg Law, the primary focus of this action will be in…

Read More

Amazon Battles International Fraud Ring Exploiting Refund Loopholes

Online retail giant Amazon recently filed a lawsuit against what they have referred to as an international ring of thieves, alleging that they have swindled millions of dollars from the company through various refund scams. At heart, these scams involved purchasing products on Amazon and subsequently requesting refunds without returning the purchased goods. Bloomberg reports…

Read More

UAE Unveils Plans for Commercial Gaming Regulatory Authority, Enabling Industry Growth

On the 3rd of September, 2023, the United Arab Emirates took a significant leap toward the modernization and regulation of its commercial gaming sector. Revealing plans to establish the General Commercial Gaming Regulatory Authority (GCGRA), this decision represents a far-reaching response to the burgeoning industry’s demand for an advanced legal framework. The GCGRA is set…

Read More

Navigating the Complexities of Online Sports Wagering: Regulatory Challenges and Responsible Gaming

The expanding landscape of online sports wagering, with its regulatory challenges and areas of concern, notably the increased risk of gambling addiction, were the central theme of the latest episode of the Regulatory Oversight podcast. Featuring special guests Pat Moore and Jared Rinehimer from the Massachusetts Attorney General’s (AG) Office, the in-depth discussion ran the…

Read More