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Gaming, Gambling & Sweepstakes

Gaming and gambling in the United States have undergone tremendous growth and transformation over the last decade. To take advantage of improved economic conditions and expanded state authorization, operating companies, entrepreneurs and investors need trusted advisors to help navigate the complex federal, state and tribal statutes, policies and regulations.

Goodwin Procter’s Gaming, Gambling & Sweepstakes Practice represents clients seeking to establish or grow their presence in online gaming, land-based casinos and gaming establishments, virtual markets and currencies, as well as those seeking to promote their products and services through online and offline sweepstakes, contests, games and raffles. [[Read More Delimiter]]

Our Services

  • Structuring, implementing and advising U.S., offshore, and foreign online gaming businesses, including online poker, casino-style games, bingo, online sweepstakes and promotions, government sponsored lotteries and sports betting in compliance with applicable law
  • Venture capital and private equity investment transactions in online gaming companies
  • Compliance with sweepstakes, contest and promotion laws and social media guidelines in connection with structuring and operating online and offline games, contests, sweepstakes and raffles, including drafting official rules and winner affidavits and releases, coordinating required state registration, bonding and winner reporting, and advising on taxes related to prize winnings
  • Understanding and obtaining necessary regulatory permits, licenses and approvals from governmental entities with jurisdiction over the development and operation of casinos or other brick and mortar gaming and gambling establishments
  • Structuring, negotiating and drafting strategic alliances and partnerships among land-based casinos, online casino games suppliers, online casino systems providers and other gaming technology suppliers
  • Developing traditional brick and mortar casino, bingo and gaming establishments
  • Expanding traditional brick and mortar casino, bingo and gaming establishments into online gaming
  • Structuring, negotiating and obtaining project financing and, where applicable, debt refinancing
  • Real estate transactions, including site approval and zoning, development and construction, licensure, environmental permitting and financing
  • Working with Native American tribes with an interest in entering and/or expanding current positions in land-based casinos and/or online gaming and gambling businesses
  • Labor and employment issues
  • Structuring and deploying virtual currency and goods markets, and online wallets
  • Structuring and implementing “go to market” commercialization strategies and other intellectual property monetization strategies, including drafting and negotiating key partner and customer agreements, and technology, game and content publication and distribution agreements
  • Licensing of software and technology platforms to establish new revenue streams and gain market presence

Missed Opportunities
Gambling Insider
September 1, 2014