After hearing oral arguments in early December 2017 in the case Christie v. NCAA, 137 S. Ct. 2327 (2017), the Supreme Court has yet to issue a ruling regarding the legality of the Professional and Amateur Sports Protection Act (“PASPA”), the federal law which effectively bans sports gambling in all but four states. Going into…
Author: Michael Block
Cryptocurrency Regulation and Valuation
In January 2018, the justice minister of South Korea announced that the country would consider banning cryptocurrency exchanges amid concerns regarding rampant speculation driving the prices of several virtual currencies, including bitcoin, sky high.1 The news led to an extreme worldwide drop in the price of bitcoin, as investors tried to gauge the uncertainty of…
Google Under Investigation in Missouri – Will the Tech Giant be Fined, or Need to Change its Practices?
On Monday, November 13, the Attorney General of Missouri, Josh Hawley, opened an investigation into Google’s business practices, looking into the possibility that the tech giant violated the state’s consumer protection and antitrust laws.1 The AG said that “the state’s preliminary investigation had found that Google may be collecting more information from users than the…
Professional and Amateur Sports Protection Act (PASPA): Where We Are, How We Got Here, and Where We Are Going
During its current term, the Supreme Court of the United States (“SCOTUS”) will hear a case brought by the State of New Jersey challenging the Professional and Amateur Sports Protection Act of 1992 (“PASPA”) in an attempt to legalize sports gambling in the state. Sports betting, and in particular single-game sports betting, has a long…