At Vela Wood, we have substantial knowledge of several different areas of gaming law and have significant experience counseling and providing legal opinions on federal and state law relating to fantasy sports.
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Vig & Juice is our podcast discussing the history and legality of gambling and sports betting in the U.S.

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Fantasy Sports and Sports Betting Deals

We provide assistance to many of the country’s leading fantasy sports operators in all stages of financing and strategic exits, and in light of its widespread legalization, we are now seeing an uptick in sports wagering related deals as well. We have compiled a list of major industry investors and transactions to provide a snapshot of historical industry investment.

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Fantasy Sports Legislation Tracker
Legislation and regulation for fantasy sports is constantly changing. Let us monitor legislation for you, state by state.
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Sports Betting Legislation Tracker
Legislation for sports betting is constantly changing. Use this tracker to learn the latest regulations for your state.
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Recent Related Blog Posts
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!

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Fantasy Sports & Gaming
Texas DFS Bill – H.B. 393

H.B. 393 seeks to legalize fantasy sports contests by amending the Texas Penal Code’s definition of “bet” to exclude prizes or awards won in a fantasy sports contest. The language is mostly consistent carve-out language but there are two key additions which could have a material effect on contests currently being offered in the state.

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Fantasy Sports & Gaming
Texas Sports Betting Bill – H.B. 1121

A recent bill authorized by Representative Harold Dutton of Houston on January 12, 2021 seeks to legalize sports betting in Texas. The bill aims to allow authorized permit holders to offer sports betting through their designated electronic platforms.

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