LEGAL THOUGHTS

This blog contains our personal opinions on legal topics that interest us.

May 7, 2020

Even before COVID-19, applicants and recipients of cannabis licenses were experiencing extensive market stress from multiple considerations.  The troubles facing cannabis businesses have investors eyeing significant opportunities.

Though many factors are causing busines...

February 20, 2020

A review of the process to obtain a medical dispensary license for cannabis in New Jersey provides an appreciation of multiple opportunities to improve the chances of success.  The following is a summary of positions that are not required by any statute or rule but wer...

November 4, 2019

The repeal of the Professional and Amateur Sports Protection Act  (PASPA) by the US Supreme Court last year made sports betting legal in the eyes of the federal government and left regulating it at the state level (Murphy v. National Collegiate Athletic Association, 13...

March 15, 2019

New Jersey is establishing legislation that will allow cannabis for personal use (i.e., recreational use) and easy pathways for entrepreneurs to become involved.  The New Jersey Marijuana Legalization Act (Senate Bill No. 2703) provides a focused structural introductio...

March 14, 2019

Skill-based gaming and eSports have gathered an inordinate amount of attention and headlines in recent years. However, New Jersey legislation has stalled and the gaming industry has yet to embrace the concepts and provide marketing to attract the “next generation” of g...

December 6, 2018

Intellectual property (IP) is recognized as a priority for most business start-ups. However, attention is diverted most commonly to setting up an organization, funding, and providing services and materials to customers and clients.  This means that companies fail to pr...

October 11, 2018

    As provided in my July 23 blog post, the repeal of the Professional and Amateur Sports Protection Act (PASPA) by the United States Supreme Court eliminated the prohibition on the states from legalizing betting on professional and collegiate sporting events. Th...

July 23, 2018

Legalization of Sports Betting laws in New Jersey leaves small businesses out of potential income opportunities from gaming directed to millennials.

On June 11, 2018, Governor Philip D. Murphy of New Jersey signed a Assembly Bill 4111 that legalizes sports wagering ensu...

June 15, 2018

The 2018 East Coast Gaming Congress and NextGen Gaming Forum (ECGC) held in Atlantic City, New Jersey on June 13 and 14 provided guidance on the key factors necessary for the future success of gaming and the newly legalized “sports betting”. Throughout the congress, ke...

December 27, 2017

There may finally be a light at the end of the tunnel for the closed Revel/Ten (“Ten”) casino hotel in Atlantic City.  After being purchased in 2015 by Glenn Straub, it finally may open.

Recently, Colorado investor based TEN RE ACNJ, run by Colorado-based businessman Br...

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