Greenberg Traurig, LLP represented Sortium, a developer of AI & Web3-oriented entertainment technology, in a multimillion-dollar seed investment round.
Sortium builds immersive virtual experiences for its users by combining Generative AI and Web3 blockchain technology. They created Sortium AI, a game and virtual production creator platform, to power their flagship game: CosmoGene. The company revealed
The Dutch government is updating its legislation and policy on both online gambling and land-based gambling. In GT Alert, we briefly describe the most relevant legal developments of 2019 in this area, and also look forward to 2020.
Online gambling’s illegality in the Netherlands notwithstanding, the number of people in the Netherlands who participate in
Advanced Communications Services (ACS) that are available in video games, such as instant messaging, enable players to interact with other players and offer an enhanced gaming experience. The Twenty-First Century Communications and Video Accessibility Act of 2010 (CVAA) updated accessibility laws to ensure that persons with disabilities have access to modern technologies used in communications.
One form of digital promotion that has recently drawn attention across several states and countries is the sale of treasure chests or “loot boxes” in video games and apps. Loot boxes typically offer players a chance-based opportunity to obtain virtual items for use in a game. These in-game items may help improve a player’s chances
Introduction (by Joey T. Shabot)
Israeli technology companies providing software, payment, and other solutions for the gaming industry are closely watching regulatory trends related to online gaming in different jurisdictions throughout the world. This legal update from our colleagues in Illinois may point to a trend in some U.S. states to permit online and
Background
The House Judiciary Subcommittee on Crime, Terrorism, Homeland Security, and Investigations held a hearing yesterday titled, “Post PASPA: An Examination of Sports Betting in America.” Subcommittee Chairman Jim Sensenbrenner (R-WI) heard testimony from the following witnesses: 1) Jocelyn Moore, executive vice president for communications and public affairs, National Football League; 2) Les Bernal, national
Two U.S. states have recently passed legislation or regulations that widen the means and methods by which a patron can wager on sports and/or race events. Namely, Nevada has introduced business equity wagering, while New Jersey has issued its first license to Betfair for exchange wagering. Mark A. Clayton and Erica L. Okerberg of Greenberg
Internet gaming is one of the fastest growing industries in the world, and with offices in key gaming jurisdictions, state capitals and financial centers throughout the United States, as well as a strong presence in Israel and other international locations, Greenberg Traurig’s Global Gaming Group brings its knowledge of this highly regulated industry and its
Internet gaming is one of the fastest growing industries in the world, and with offices in key gaming jurisdictions, state capitals and financial centers throughout the United States, as well as a strong presence in Israel and other international locations, Greenberg Traurig’s Global Gaming Group brings its knowledge of this highly regulated industry and its global resources to our gaming clients all over the world.
Notably, in 2014 Greenberg Traurig represented publicly-traded Amaya Gaming Group Inc., as lead M&A counsel in its $4.9 billion acquisition of the world’s largest online poker business and owner of the PokerStars and Full Tilt Poker brands. Numerous Greenberg Traurig attorneys in Miami, London, Atlanta and other cities, including Joey Shabot, a Corporate shareholder in the Tel Aviv office, and Gary Epstein, co-chair of Greenberg Traurig’s Israel Practice and chair of the firm’s Global Corporate & Securities practice, represented Amaya in the transaction. See the firm’s press release regarding the transaction.Continue Reading Greenberg Traurig’s Global Gaming Group Continues to Play an Active Role in 2015