Alanna Sadler – Sports betting continues to transform the business of professional and amateur sports. In 2021, sports betting revenue in the United States exceeded four billion U.S. dollars. Today, fans have several ways to bet on sports: apps, in-person sports books, fantasy leagues, and more. Just as professional sports leagues have to prepare for […]
Amber Miller – On October 31, 2022, the United States District Court for the District of Columbia blocked publishing giant, Penguin Random House (“Penguin”), from its proposed $2.2 billion acquisition of equally ubiquitous publisher, Simon & Schuster. The district court sided with the Department of Justice (“DOJ”), which challenged the acquisition on the basis that […]
Maryann Lennon – On October 3, 2022, the Securities and Exchange Commission (SEC) charged Kim Kardashian for promoting a cryptocurrency (Crypto) asset security on social media that was offered and sold by EthereumMax (EMAX) without disclosing the $250,000 payment she received in exchange for the promotion. EMAX, which launched in May 2021, is advertised as […]
Zachary J. Kosnitzky – In early November 2022, the crypto-currency exchange FTX filed for bankruptcy and its CEO, Sam Bankman-Fried, announced his resignation. The announcements marked yet another development in the popcorn-worthy corporate drama surrounding the collapse of one of the world’s largest and most stable crypto exchanges. In the weeks following FTX’s announcements, Bankman-Fried […]
