Today is a crucial day for New Jersey in its mission to legalize sports betting, as it will argue its position on the issue against attorneys for the four major American professional sports leagues and the NCAA this morning in the Third Circuit Court of Appeals in Philadelphia, Pennsylvania. Attorney Theodore B. Olson, who represents… Continue Reading
On Friday, Judge Michael Shipp granted the NCAA and four major professional sports leagues a permanent injunction to prevent New Jersey casinos and racetracks from offering sports betting. The decision was unsurprising, but still extremely disappointing, to New Jersey state officials who have been attempting to establish legalized, regulated sports betting in the state for… Continue Reading
By Jeffrey S. Kravitz, Esquire The NHL just announced that all games are cancelled until the New Year. Like marriages, labor quarrels are very tough to analyze from the outside. What I do know is that hockey fans always poll up there with NASCAR fans as the most committed to their sport. What I also know is… Continue Reading
As reported in our blog, small businesses have suffered mightily due to the NHL strike. The Sports Business Journal now reports that the Small Business Administration is now offering counseling to those businesses hurt by the NHL strike.
By Jeffrey S. Kravitz As featured in the Toronto Globe and Mail a Canadian company that sells 95% hockey chatchkes is suffering mightily by virtue of the hockey lockout. Does the NHL owe that person anything…no, because it is a commercial relationship and not a fiduciary one. What is a fiduciary? It is a person or… Continue Reading