Gregory L Brower

The recent announcement of gambling-related federal criminal indictments involving professional athletes sent shockwaves throughout both the sports and sports betting worlds. The criminal cases, which include allegations of insider betting, are putting both industries on the defensive and have generated discussion of potential compliance issues as scrutiny grows concerning the ever-increasing connectivity between the two industries.

In the midst of its ongoing litigation with three leading prediction market companies, also known as “designated contract markets” or[JS1] “DCMs,” the Nevada Gaming Control Board (“NGCB” or “Board”) recently issued guidance to Nevada gaming licensees concerning the status of DCMs in Nevada.

As the federal government shutdown heads into its fifth week, most of the focus is on the impact on executive branch operations. Congress is also affected, but in different ways. With only a week before the current impasse breaks the record for the longest shutdown in U.S. history, this client alert examines how the current shutdown affects congressional operations generally, and investigations in particular.