Business Law Articles

Episode 15 – Games for Promotions and Daily Fantasy Sports

Episode 15 – Games for Promotions and Daily Fantasy Sports

The newest trend is daily fantasy sports.

Taking a step back, what makes a game used in promotion not gambling?  And what, then, makes a daily fantasy sports business model not gambling?

In order to use a game for promotion, the sponsor of the game must remove one of three key elements of the game:

  • Chance
  • Prize
  • Consideration

So, daily fantasy sports like Draft Kings and Fan Duel must be able to do that in order to run a non-gambling game.

But those games also must have a set of rules and must also be run fairly, with a level playing field.

Would you like to run a game in order to promote your business?  Call or send an e-mail.  914-358-6401 or anthony@vernalaw.com

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Episode 14 – The sale of 4chan and Internet Privacy

Episode 14 – The sale of 4chan and Internet Privacy

In Episode 14 of the “Law & Business” podcast, Anthony and Oz Sultan (Sultan Interactive Group LLC) talk about the sale of 4chan and how that intersects with Internet privacy.

Internet privacy is an oxymoron. Any website that is accessible for free means that there’s a product involved. (In this particular case, it is the services of Verna Law, P.C.) In many cases, if there is user-generated content, the content and the user are the products. Meaning that the website can only monetize by keeping track of the users and understanding the users’ behavior, and, ultimately, selling that information to other websites that need the same information.

Oz Sultan

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Law & Business Podcast Episode 31: I Have an Idea

On the new episode of the Law and Business podcast, Wil and Anthony talk about when clients have an idea. Episode 31 starts with the first words many clients and potential clients have:  “I Have an Idea”.  What is next in the intellectual property development...

Law & Business Podcast Episode 27: John Eastwood talks about IP and Manufacturing Issues in the Greater China Market

The special guest in Episode 27 of the "Law & Business" podcast is John Eastwood, a partner at Eiger Law in Taipei.  John and Anthony discuss the issues that many American businesses have when they start production of their products in the Greater China Market. As...

Law & Business Podcast Episode 26: Ed Heerey Helps Compare U.S. and Australian Rights of Privacy and Publicity Law and Issues

In the Law & Business Podcast Episode 26, Australian barrister Ed Heerey helps to compare U.S. and Australian Rights of Privacy and Publicity law and issues. This is one of the most fun episodes of the podcast.  Anthony visits Ed Heerey, an Australian...

Law & Business Podcast Episode 24: Three Thoughts for the Patent Application Process

Episode 24 of the "Law & Business" Podcast features Wil Jacques, the patent agent of Verna Law, P.C. We discuss the patent application in three thoughts. After filing the patent application, there is an office action (rejection from the United States Patent and...