by I. Nelson Rose | May 9, 2025 | Blogs
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...
by I. Nelson Rose | Feb 20, 2025 | Blogs
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...
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...
by I. Nelson Rose | May 16, 2024 | Blogs, Citations
I recently had the privilege of being a guest on the SERMAPod, the podcast for the Sports and Entertainment Risk Management Alliance, hosted by Rich Lenov, founder and CEO of SERMA. During the episode, we discussed the complex world of sports gambling, focusing on...