Sports & Gaming
The Future of DFS in California After the State Declares Paid Contests Illegal

On July 3, 2025, the California Attorney General issued an advisory opinion declaring all paid daily fantasy sports (DFS) contests illegal under California law. This ruling puts the future of DFS in California—one of the nation’s largest markets—in jeopardy and raises concerns about potential ripple effects in other states. While some states have issued similar negative opinions, their impact has varied, with courts or legislatures sometimes overturning or clarifying DFS legality.


Sports & Gaming
Sports Betting Bills “Adjourned Sine Die” In The Lone Star State — What Is Next For Texas?

Texas wrapped up its 2025 legislative session with several sports wagering bills left on the table. This blog covers when the next chance will be to legalize sports wagering in Texas and what the industry should do in the meantime.


Sports & Gaming
General Update on Pick’em Contests

For our Fantasy Sports and Gaming clients, VW Senior Attorney Blake Hart has provided an update on the evolving situation with Pick’em contests!


Funding & Capital Raising
The Basics of Convertible Notes

The convertible note is a favorite investment vehicle for many founders and investors alike. This post outlines the key terms and explanations with regard to raising capital through or investing via a convertible note.


Fantasy Sports & Gaming
Five Things to Consider Before Starting Your DFS Company

Have a great idea for the next big thing in fantasy sports? There are a few things you should know before diving in head-first.