Texas

Corporate Transparency Act Update

As we complete the first quarter of 2024, business entities in the United States (including those involved in the gaming industry) should be familiar with their obligations under the Corporate Transparency Act (CTA), which is part of the 2021 National Defense Authorization Act. The CTA requires entities organized by a filing under state or tribal … Continue Reading

Beneficial for Whom? Requirement to Provide Beneficial Ownership Information for Business Entities Begins January 1, 2024

On January 1, 2024, the Corporate Transparency Act, a US federal law, will begin requiring certain corporations and limited liability companies to disclose their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury. The corporate ownership structures of many gaming companies, particularly those that utilize … Continue Reading

2020 Regional Gaming Highlights

Alabama In late 2019, the Birmingham Race Course placed 301 historical horse racing machines at its facility. The machines, known as historical pari-mutuel betting, allow users to place wagers on horse races that have already taken place. The machines use historical information from previously run races, allowing bettors to pick the favorites or handicap for … Continue Reading

Challenging Times: Specific Issues Facing the Gaming Industry During the Coronavirus Crisis

With nearly all (980 of 989) commercial and tribal casinos in the United States closed, affecting more than 650,000 directly employed persons during the novel coronavirus shutdown, there are specific sets of issues facing the gaming industry. We summarize some of the more important ones below. Employee Issues Many gaming industry employers have taken one … Continue Reading

Jones Walker Gaming Attorneys Publish Inaugural Chambers Practice Guide

Jones Walker LLP gaming law partners J. Kelly Duncan, Nicole M. Duarte, Kirkland E. Reid, and Thomas B. Shepherd III, together with associate Christopher K. Ulfers, recently authored several chapters in the inaugural Chambers and Partners Global Practice Guide for “Gaming, Gambling & Licensing 2018.” The guide provides legal insight and commentary on key issues and … Continue Reading

Texas Attorney General Opines That Online Fantasy Sports Leagues Are Illegal In Texas

Adding his voice to the voices of other state attorneys general around the country who have addressed the issue recently, Texas Attorney General Ken Paxton issued an opinion (No. KP-0057) on January 19, 2016, considering the legality of paid fantasy sports leagues such as DraftKings.com and FanDuel.com under state law – in this case, Texas … Continue Reading

Jones Walker attorneys author state gaming guides

In recognition of the experience and depth of the Jones Walker gaming practice, firm attorneys were solicited to contribute five chapters to the 2016 edition of The International Comparative Legal Guide to: Gambling. The chapters written by Jones Walker gaming practitioners consist of current gaming regulations in the states of Alabama, Florida, Louisiana, Mississippi, and … Continue Reading
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