Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Sports fans have enjoyed playing competitive games of fantasy sports for many years. In 2012, DraftKings was founded to serve these fans by operating daily and weekly fantasy sports contests on its website and mobile apps. One of its popular competitions is fantasy baseball, where baseball fans enter daily sports competitions with their own roster of major league players. To participate in these games the fans pay an initial fee to DraftKings. The participants accumulate fantasy points based on the performance of their lineup of players in real world games during a particular game or week. At the end of the contest, the fantasy player with the most accumulated points wins a cash prize. These fantasy competitions are defined as "games of skill" to avoid federal prohibitions against Internet gambling, Unlawful Internet Gambling Enforcement Act, 31 U.S.C. §5361 et seq. (https://bit.ly/36vsfTu).
Within a year of DraftKings' founding, Major League Baseball (MLB) acquired an equity stake in DraftKings. In 2015, MLB added to its investment and created a business partnership to promote the MLB teams. This partnership included a license so that DraftKings could offer co-branding, in-ballpark experiences, and use of MLB team logos. Under its licensing agreement with DraftKings, MLB became "directly and substantially involved in every aspect of the commercial venture." In return for the licensing rights MLB received a share of DraftKings' revenues.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
A common question that commercial landlords and tenants face is which of them is responsible for a repair to the subject premises. These disputes often center on whether the repair is "structural" or "nonstructural."