For many years, Vietnam’s horse race betting industry resembled a race without a rulebook.Investors were attracted by the prospect of participating in one of Asia’s fastest-growing economies, yet they faced a fundamental challenge: horse race betting had been permitted through limited pilot projects, but there was no comprehensive legal framework governing
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When State Lines Become the Playing Field: The Chicago Bears’ Stadium Standoff and What It Means for Sports Development Law
The Chicago Bears’ search for a new stadium has become one of the most complex sports development stories in recent memory. In September 2021, the Bears entered into a purchase and sale agreement with Churchill Downs for the 326-acre site of the former Arlington International Racecourse in Arlington Heights, completing the…
The Protect College Sports Act: What Universities and Conferences Need to Know
On May 27, 2026, Senators Cruz and Cantwell announced the Protect College Sports Act, a sweeping bipartisan bill that represents the most comprehensive federal attempt yet to impose legal order on college athletics. For universities and conferences, the significance of this legislation cannot be overstated. The bill would grant the NCAA and the College Sports…
New Bill Seeks to “Let Kids Play” by Limiting Private Equity in Youth Sports
By AJ Rudowitz, Joseph J. Machi, Rebecca A. Guzman and Bryan Shapiro
On May 13, 2026, a bicameral coalition of Democratic lawmakers introduced the Let Kids Play Act, a sweeping piece of legislation that would effectively ban private equity from the youth sports industry. The bill represents the most direct federal legislative…
Agent Representation in Collegiate Athletics: The FTC Dips its Toe in the Waters of Regulatory Enforcement
As the calendar turns from 2025 to 2026, developments in college athletics continue to unfold at a rapid pace, with meaningful implications for universities, athletes, agents, and other industry participants. Just last month, the Federal Trade Commission (“FTC”) signaled that the federal government may be turning its attention to the largely unregulated market of agents…
University of Utah Advances Private Equity Model for College Athletics Funding
The University of Utah is advancing a groundbreaking agreement with private-equity firm Otro Capital that is expected to generate more than $500 million for its athletics program. The deal creates a new for-profit entity, Utah Brands & Entertainment LLC, which will manage the commercial and revenue operations of the school’s athletic department, such as sponsorships,…
NASCAR Settles Antitrust Lawsuit with Racing Teams
On December 11, 2025, NASCAR settled an ongoing and closely watched antitrust trial brought by two racing teams, 23XI Racing (co-owned by Michael Jordan) and Front Row Motorsports, in the U.S. District Court for the Western District of North Carolina. The settlement was announced after the plaintiffs had presented their case-in-chief and following testimony from…
Georgia Seeks Enforcement of Liquidated Damages Provision in Ongoing NIL Conflict
The University of Georgia, through the University’s athletic association (UGAA), is seeking damages totaling $390,000 against a former football player, Damon Wilson II, after he elected to transfer to Missouri following the 2024 season. The demand stems from a clause in Wilson’s NIL contract that required him to forfeit the balance of his agreement if…
NCAA Resets Rules on Student-Athlete Betting on Professional Sports
In a notable rebuke to the Division I Council’s recent policy push, NCAA Division I member schools have voted by a two-thirds majority to rescind a previously approved rule change that would have allowed student-athletes and athletics department staff to place wagers on professional sports. The proposal—introduced by the Council in October and scheduled to…
Athlete to Owner: JuJu Watkins Joins Boston Legacy Football Club Investor Group
USC women’s basketball star JuJu Watkins has made history as the first known college athlete to directly invest in a professional women’s sports franchise. Watkins has joined the investor group behind Boston Legacy FC, the NWSL expansion club set to debut in 2026.
Watkins’ move reflects a growing trend: elite college athletes are increasingly using…