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Gaming Law Definition
Since gaming operations are among the most heavily regulated commercial enterprises in the United States, a traditional gaming law practice involves the representation of clients before regulatory bodies to ensure compliance with the gaming laws promulgated by federal, state, and local agencies. Gaming attorneys provide legal counsel with regard to licensing, registration, findings of suitability, transfers of ownership, work permits, patron disputes, investigations, disciplinary proceedings, and other regulatory matters. In addition, gaming attorneys frequently render advice on the structuring of major transactions to minimize gaming issues and assist in obtaining necessary approvals for public offerings, financings, business restructurings, and mergers and acquisitions. Some specialized areas within a gaming law practice include video poker, riverboat gaming, land-based casinos and resorts, cruises to nowhere, sweepstakes, raffles, Internet gaming, and lotteries. Gaming attorneys often represent privately owned and publicly traded casino operators, gaming equipment manufacturers and distributors, lenders and institutional investors, lessors and landowners, and shareholders, officers, directors, and key employees. The practice of gaming law also regularly involves the application of general practice areas such as corporate and finance, labor and employment, real estate, tax, intellectual property, and litigation.
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