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 Episode 57: Intellectual Property, Bankruptcy, and Employment Law Effects due to COVID with John Eastwood

Anthony Verna sat down with John Eastwood of Eiger Law in Taipei, Taiwan to talk about some of the effects of the COVID pandemic. Some of the topics covered are intellectual property, especially in relationship to bankruptcy, and employment law across borders and...

Law & Business Podcast Episode 54: A Unique Product does not a Business Make

It is our final episode with the Nessa Group, even though our relationship will last a long time. In this episode, the Nessa Group discusses a business with a unique and very special product. The product has the ability to help other businesses greatly. However, the...

Law & Business Podcast Episode 53: A Plush Toy Client Begins with Consultants

It is the seventh and penultimate episode of this special mini-series with the Nessa Group, in which the discussion is about a plush toy company that is a start-up. The toy company has been able to services from Verna Law and the Nessa Group in order to get started -...

Law & Business Podcast Episode 52: The Importance of Accredited Investors in Venture Capital

Be well, everyone. Thank you for listening. Do not forget to rate the "Law & Business" Podcast on your podcast app! In this roundtable episode with the Nessa Group, we discuss the importance of accredited investors in venture capital, what it means to be an...