- IT / Media / Entertainment
Trends in Overseas Sports Lottery/Betting Legal Frameworks (1) – United States (Vol. 1)
This Newsletter is an English translation of a newsletter published in Japanese on April 1, 2024.
Sports betting is being legalized in an increasing number of places around the world. In December 2023, Brazil legalized sports betting, through the enactment of Law No. 14,790/2023. In addition, all G7 Nations other than Japan have legalized sports betting. For example, the United Kingdom has a long history of legalized sports betting, which began in the 1960s, followed by Italy in 2006, France in 2010, Germany in 2012, and Canada 2021. In the United States, the U.S. Supreme Court issued a decision on May 14, 2018, wherein the Court ruled that the Professional and Amateur Sports Protection Act of 1992 (“PASPA”), a federal...To read the full article, please see the PDF file
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Sports Business Law Newsletter
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Authors
He understands and solves his client’s essential needs and challenges by leveraging his extensive domestic and international connections in the sports and entertainment field as well as his experience gained during secondment to the business side of a domestic sports management company.
He has assisted numerous companies in the area of Sports Digital Transformation (data business, sports betting, fantasy sports, NFT, sports tokens) and is experienced in cases involving a wide range of legal issues at the intersection of sports and technology. He is also the
Representative Director of the Council for Sports Ecosystem Promotion, an industry organization that aims to industrialize sports using digital transformation, etc., and is well versed in the latest trends and issues in the industry both domestically and internationally.
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His main practice area is corporate crisis management and litigation. He is also highly knowledgeable and experienced on matters involving foreign investigations and regulatory authorities. He has dealt with many cases in relation to investigations by the Securities and Exchange Surveillance Commission, the Japanese Fair Trade Commission, the Japanese Public Prosecutor’s Office, etc., as well as foreign authorities such as the U.S. Department of Justice. He has also dealt with a variety of cases such as misconduct by executives and employees, violation of environmental regulations, violation of the regulation regarding pharmaceutical and medical equipment, etc. In addition to cases that require emergency responses, he has advised many companies to build effective whistleblowing systems and anti-bribery compliance programs, and he has assisted with due diligence procedures from a compliance perspective.