James G. Gatto

Baltimore

I advise companies on IP and other legal issues with blockchain, social media, games, virtual currency, eSports and fantasy sports and gambling

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Articles

CSBS Flags Key Risks In Draft Stablecoin Legislation

2 weeks ago | mondaq.com | James G. Gatto |Alexander J. Lazar |Maxwell Earp-Thomas

SM Sheppard Mullin Richter & Hampton More Sheppard Mullin is a full service Global 100 firm with over 1,000 attorneys in 16 offices located in the United States, Europe and Asia. Since 1927, companies have turned to Sheppard Mullin to handle corporate and technology matters, high stakes litigation and complex financial transactions. In the US, the firm’s clients include more than half of the Fortune 100.
Court Grants Interlocutory Appeal On AI Fair Use Issue

2 weeks ago | mondaq.com | James G. Gatto

We previously reported on the groundbreaking AI Fair Useruling in the Thomson Reuters Ross Intelligence case, where thecourt found that based on the facts of this case fair use was not adefense. Ross Intelligence moved, pursuant to 28 U.S.C. §1292(b), for certification of the Court's Order, forinterlocutory appeal and for a stay pending that appeal. The Courthas now granted that request.
CSBS Flags Key Risks in Draft Stablecoin Legislation | JD Supra

2 weeks ago | jdsupra.com | James G. Gatto |Alexander J. Lazar |Maxwell Earp-Thomas

On April 1, the Conference of State Bank Supervisors (CSBS) submitted a letter to the House Financial Services Committee expressing concerns with an introduced draft of H.R. 2392—the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025 (the “Act”)—which purports to stablish a comprehensive regulatory framework for payment stablecoins in the U.S. In the letter, CSBS expresses support for the development of a national framework for payment stablecoin...
CSBS Raises Concerns Over STABLE Act’s Federal Framework

2 weeks ago | natlawreview.com | James G. Gatto

Skip to main content April 04, 2025 Volume XV, Number 94 Legal Analysis. Expertly Written. Quickly Found.
Court Grants Interlocutory Appeal on AI Fair Use Issue

2 weeks ago | natlawreview.com | James G. Gatto

We previously reported on the groundbreaking AI Fair Use ruling in the Thomson Reuters Ross Intelligence case, where the court found that based on the facts of this case fair use was not a defense. Ross Intelligence moved, pursuant to 28 U.S.C. § 1292(b), for certification of the Court’s Order, for interlocutory appeal and for a stay pending that appeal. The Court has now granted that request.
Plaintiffs Try Another Bite At The Apple… And Google Too!

4 weeks ago | mondaq.com | James G. Gatto

In a recent post about legal issues with the social casinosweepstakes model, we indicated that a recent RICO lawsuit againsta social casino sweepstakes model, which also named Apple andGoogle, was dismissed voluntarily by the plaintiff. Plaintiffs arealready taking another bite at the Apple. A new lawsuit was filed against Apple and Google bylead Plaintiff Bargo and two co-plaintiffs.
New York And New Jersey Move To Prohibit Social Casino Sweepstakes Model

4 weeks ago | mondaq.com | James G. Gatto |Brittany Walter

We recently wrote about the flurry of legal issues withthe social casino sweepstakes model. Now, the New York State SenateRacing, Gaming, and Wagering Committee passed S5935, a bill that, if fully approved andenacted, would prohibit in NY "online" sweepstakes gamesthat uses a dual-currency system of payment allowing the player toexchange the currency for any prize, award, cash or cashequivalents, or any chance to win any price, award, cash or cashequivalents, and simulates casino-style gaming.
OECD Report On Data Scraping And AI - What Companies Can Do Now As Policymakers Consider The Issues

4 weeks ago | mondaq.com | James G. Gatto

The power of large language models (LLMs) that enablesgenerative AI derives from vast quantities of data. Much of thisdata comes from scraping all forms of content from the internet. Despite the benefits, this practice raises numerous legal issues,some of which implicate IP issues. Dozens of pending lawsuits inthe US alone include claims involving IP issues with data scraping.
Apple and Google Hit with New Social Casino Gambling Lawsuit

4 weeks ago | natlawreview.com | James G. Gatto

In a recent post about legal issues with the social casino sweepstakes model, we indicated that a recent RICO lawsuit against a social casino sweepstakes model, which also named Apple and Google, was dismissed voluntarily by the plaintiff. Plaintiffs are already taking another bite at the Apple. A new lawsuit was filed against Apple and Google by lead Plaintiff Bargo and two co-plaintiffs.
Plaintiffs Try Another Bite at the Apple… and Google Too!

1 month ago | openlegalblogarchive.org | James G. Gatto

In a recent post about legal issues with the social casino sweepstakes model, we indicated that a recent RICO lawsuit against a social casino sweepstakes model, which also named Apple and Google, was dismissed voluntarily by the plaintiff. Plaintiffs are already taking another bite at the Apple. A new lawsuit was filed against Apple and Google by lead Plaintiff Bargo and two co-plaintiffs.