by I. Nelson Rose | Nov 25, 2025 | Blogs
Prediction markets are growing rapidly, especially as platforms begin offering contracts tied to sporting events. MarketWatch published a new article examining this expansion and the regulatory questions it raises, and I was pleased to contribute to the discussion....
by I. Nelson Rose | Jul 7, 2025 | Blogs
Professional and high-stakes poker players, sports bettors and handicappers are about to be taxed out of business. Either that or they will move their action overseas to foreign jurisdictions that don’t report gambling winnings to the IRS. As a lawyer, I must...
by I. Nelson Rose | Feb 5, 2025 | Blogs
Financial disclosures are meant to ensure transparency and accountability. When the News-Press investigated Lee County Sheriff Carmine Marceno’s financial records, they uncovered concerns about his skyrocketing net worth, questionable gambling winnings, and potential...
by I. Nelson Rose | Sep 17, 2024 | Blogs
I am honored to have been quoted in a recent Politico article that delves into the challenges facing major casino operators in their bids for downstate New York casino licenses. The article specifically addresses how regulatory issues, including potential fines and...
by I. Nelson Rose | Aug 5, 2024 | Blogs
“Spanky,” Gadoon Kyrollos, one of the top sports bettors, and my client and friend, invited me to speak at his 2024 BetBash. In return, I gave a talk on a topic his attendees would appreciate: When does betting, especially on sports, become a crime? Spanky has been...