Tommy Shepherd

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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

Alabama’s 2024 Legislative Session

The regular session of the Alabama Legislature begins on Feb. 6, 2024. Legislators are allotted 30 legislative days during the session, which totals 105 calendar days. Once again it appears that competing legislative proposals relating to gambling will be considered. Legislators have grappled unsuccessfully with the issue since 1999, the year Alabama voters declined to … Continue Reading

Jones Walker Expands Gaming Group with New Office in Tallahassee, Florida

Jones Walker LLP is expanding its reach within the gaming industry by reopening its Tallahassee, Florida, office effective immediately. The new office expansion is the direct result of a successful and long-standing strategic alliance with Florida’s Dean Mead law firm. A total of nine attorneys and government relations professionals will join Jones Walker to maximize a larger client delivery … 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

Federal Appellate Court Rules Florida-Seminole Compact Legal Under Federal Law

On June 30, 2023, in a challenge by gaming competitors to the Florida-Seminole gaming compact (the Compact), the US Court of Appeals for the DC Circuit held that while a gaming compact entered into between a state and a Native American tribe pursuant to the Indian Gaming Regulatory Act (IGRA) can legally authorize a tribe … Continue Reading
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