I must start by saying I like prediction markets.  Allowing people to trade event contracts, that is, make bets on future real-world events, has led to extraordinarily accurate forecasts.  Of course, it invites insider trading.  But that is not always bad. In 2003 the...

What could possibly go wrong? New Jersey Assembly Bill No. 2172 has passed out of committee and now will be voted on by the entire Assembly.  A companion bill is being considered in the State Senate.  If either bill passes both houses and is signed by Governor Phil...

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...

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...

“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...

By the time you read this, Scott Sibella will probably have been sentenced in federal court.   Sibella had been president and chief operating officer of the MGM Grand casino in Las Vegas.  The sentencing hearing, set for May 8th, is the result of a plea agreement, in...

Just because you have made yourself into a national embarrassment does not mean you cannot sink any lower. No, I’m not talking about that other guy, the wannabe dictator with the superpower of having absolutely no sense of shame....

I don’t usually write about my cases.  But the trial court has reached its verdict.  And I want to describe my experience testifying as an expert witness in a criminal trial in Paris, France.  In French. Well, the trial was conducted entirely in French.  I spoke...

Shohei Ohtani's lawyers say the Dodgers superstar has allegedly been the victim of "massive theft," reportedly accusing his now-former interpreter, Ippei Mizuhara, of taking funds from Ohtani to use for illegal gambling. ESPN reports that at least $4.5 million in wire...

Every lawyer should carry a parrot trained to say two words. Especially criminal defense attorneys. That way at their first meeting, the lawyer can put the parrot on the new client’s shoulder to repeat over and over again, “Don’t talk!  Don’t talk!” If you have been...