The Recorder Quotes Kamin on Social Gaming

The Recorder Quotes Kamin on Social Gaming

Principal Mitch Kamin was featured in the article, “In Social Gaming Boom, Lawyers Hold the Cards” published by The Recorder discussing the legal implications that arise in the unregulated market of online gambling. Mr. Kamin comments, “The lack of sophistication about gambling is what can get these startup-mentality developers into trouble.” The legal battles these developers face include virtual currency possession, unauthorized secondary markets and the more traditional work of trademark lawsuits and acquisitions.

“The field is just something totally different and new and yet it has the historical look and feel of gambling, and that can confuse people,” says Mr. Kamin. The article continues with an in-depth look at the legal perspective of this fast-growing industry, including regulation issues and the financial impact for developers, as well as potential tax revenue for the state.