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Duane Morris Gaming Group at a Glance. That is our value add. Duane Morris gaming attorneys have decades of experience representing the diverse and growing range of participants in the gaming industry. With the advent of internet and mobile gaming and the proliferation of sports wagering after the U. As a core area of our practice, Duane Morris helps clients obtain and maintain these valuable licenses and approvals, guiding them from the initial application, to the investigation and interview process, to the public hearing on the finding of suitability and issuance of a license or approval, through the ongoing obligation to update regulators.
Where permitted by applicable regulations or policies, we deftly pursue waivers or exemptions from licensing requirements on behalf of investors, banks and others who do not exert the requisite control over the gaming enterprise. With our extensive work in the industry, we interpret gaming regulations and work with regulators to address these issues promptly and clearly.
Our lawyers regularly attend the monthly meetings of the gaming regulators in the jurisdictions in which we practice to follow closely any trends or changes in regulatory policy that may be under consideration. Duane Morris gaming lawyers advise compliance committees of casinos and equipment manufacturers on regulatory compliance and reporting requirements, compliance audits and internal investigations. Our goal is not only to help clients conduct the required investigations of those with whom they do business and document those efforts for regulators, but also to identify and address potential issues before they become areas of concern to regulators.
With the complex regulatory requirements surrounding gaming, companies can unknowingly commit violations and risk fines or other sanctions through normal business dealings. For example, gaming regulators might disapprove if a large industry participant were to seek unreasonable concessions from a small vendor.
Our core gaming lawyers focus on regulatory and licensing issues and work closely with other Duane Morris lawyers when clients seek to establish new ventures, expand organically or by acquisition, raise debt or equity capital, or face other issues that arise in the course of business. At our core is a team with extensive experience in corporate transactions and commercial arrangements known for successfully navigating the most complex of matters. The intricate levels of regulatory compliance have made consolidation within the industry an increasingly attractive option.
For example, in a typical bricks-and-mortar casino acquisition, our gaming lawyers will call upon lawyers from our corporate, real estate, environmental, labor and employment, intellectual property and finance groups as needed for due diligence and to review the provisions of transaction documents from different legal perspectives. Lawyers from our Trial Practice Group can assess any pending or threatened litigation against the target company.
If the transaction involves raising capital, Duane Morris lawyers have extensive experience in syndicated loan or capital markets transactions. Our gaming lawyers manage the entire process to drive efficiencies and help ensure that every aspect of the transaction satisfies regulatory requirements.
Our attorneys are prolific authors and speakers on gaming issues and share insights and strategies on the latest developments in gaming law through industry publications, Duane Morris Alerts , the Duane Morris Gaming Law blog, CLE events and industry conferences.
Ruben or any of the lawyers referenced on the Attorney Listing. Gaming Notices. Casino Temporary Closures as of June 3, Special Notice of Suspended Operations. Protocols for Resumption of Casino Gambling Operations. Gaming Board announces extension of suspension of all licensed video gaming and casino gambling operations due to novel COVID pandemic. Gaming Board announces extension of suspension for all licensed video gaming operations and casino gambling operations through April 30, Gaming Board announces extension of suspension for all licensed video gaming operations and casino operations.
In order to operate one of these cardrooms, one has to pay for a license, employee occupational fees, a tax on each person who enters and a tax on the monthly gross receipts. Recently, the Metropolitan Bureau of Investigation MBI , which is a 14 agency local, state and federal law enforcement task force, raided a local facility which was operating as a gaming house with slot machines. According to the MBI they will be charged with racketeering, punishable up to 30 years in prison, operation of a slot machine and keeping a gambling house.
MBI is purporting to be moral guardians and protecting their citizens from gambling, but they are aware that lawmakers, judges and law enforcement officers have friendly poker games, office pools and routine bets with each other. There is an exception to the gambling laws which allows a person to host game. It is hypocritical that the state puts a limit on how much you can gamble at a private game but has no limit on how much you can spend on lotto, horse races, jai-alais, or casinos.
So why exactly does the state ban poker parties in the privacy of your own home? Is it because of a moral issue with gambling? It is obviously not a moral issue but rather a one of greed in that the state of Florida cannot get into your pockets when you are gambling with family or friends.
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