We have been advising Esports industry participants since 2015. Combining that experience with knowledge of changing industry standards, we provide meaningful, timely counsel to Esports industry companies. We also advise companies operating Daily Fantasy Sports (DFS) wagering applications in both traditional and Esports with special focus on product design and implementation to ensure compliance with the “skill based” exemption to the gambling prohibitions available under state and federal law.
Esports industry participants operate in a unique, burgeoning legal ecosystem in the United States and abroad. We leverage our expertise and experience in this rapidly growing industry to provide our esports clients with comprehensive legal support throughout the life cycle of the company, including as outside general counsel.
Additionally, we provide seasoned counsel to our Esports clients allowing them to effectively navigate the often unexpected and complex legal challenges presented in this nascent legal and business field.
Subject to a patchwork of state and federal law, regulations and administrative guidance, we help our Esports clients to address numerous compliance challenges. We also provide counsel and documentation necessary in order to allow our Esports DFS clients the ability to bank and operate in compliance with every aspect of banking regulations such The Wire Act of 1961 (Wire Act), Illegal Gambling Businesses Act (IGBA), Unlawful Internet Gambling Enforcement Act of 2006, (UIGEA), Anti-Money Laundering prohibitions (AML), as well as Know Your Customer (KYC).
We actively track all legislative and administrative changes in the DFS gambling landscape to ensure that our clients have the knowledge they need to operate in full compliance with all applicable laws and regulations.