As a gaming lawyer, Mr. Casole has extensive experience counseling both public and private interests within the gaming industry, including casino operators, gaming technology manufacturers and equipment suppliers, sports wagering and igaming technology providers, financial services, and independent testing laboratories, with respect to licensing, compliance, investigations, acquisitions and enforcement matters in numerous domestic and international jurisdictions. Additionally, in light of the recent repeal of the federal Professional and Amateur Sports Protection Act (PASPA), Mr. Casole’s familiarity with the highly regulated gaming industry has made him a trusted source for existing industry stakeholders and new entrants pursuing opportunities in states with newly enacted sports wagering legislation. He contributes regularly to the Duane Morris LLP Gaming Law Blog and serves as Chair to the New Jersey State Bar Association’s Casino Law Section.
As a cannabis lawyer, Mr. Casole advises industry leading multistate operators active in New Jersey and across the country, investors and non-cannabis businesses concerning competitive bidding, licensing, regulatory compliance and investments. He contributes regularly to the Duane Morris LLP Cannabis Law Blog and serves on the Cannabis Law Special Committee of the New Jersey State Bar Association.
As a banking & finance lawyer, Mr. Casole has extensive experience managing anti-money laundering regulatory risks and controls for a wide range of financial institutions, including casinos, as well as regulatory and compliance obligations for residential mortgage sub-servicers. He also has assisted large and mid-sized businesses secure and manage economic development tax incentives offered through the New Jersey Economic Development Authority (NJEDA).
Admitted to practice in New Jersey and Pennsylvania, Mr. Casole is also a Certified Anti-Money Laundering Specialist (CAMS) as well as a Certified Compliance and Ethics Professional (CCEP).
Prior to joining Duane Morris, Mr. Casole served as Assistant Corporate Counsel of Gaming Laboratories International and was responsible for ensuring regulatory compliance for over a thousand gaming licenses issued by approximately 500 domestic and international regulators. In addition, prior to entering the practice of law, Mr. Casole was introduced to gaming while serving as a law clerk at a boutique gaming law firm and as a legal intern with the New Jersey Division of Gaming Enforcement.
Mr. Casole is a 2015 graduate of Rutgers School of Law and the University of Delaware.
Areas of Practice
Regulatory and Compliance Law
Represented Tioga Downs Casino in New York on its Online Gaming Market Access agreement with Golden Nugget Online Gaming, Inc. (NASDAQ: GNOG) to allow GNOG to operate future online gaming in the state of New York, subject to legislative availability.
Representing JCM American Corporation in pursuing a Supplier License in Pennsylvania.
Represented NBCUniversal in connection with its Media Partnership with Australian based sports betting operator, PointsBet USA, Inc., advising NBCUniversal and its affiliates regarding the multi-tiered advertising, marketing and promotion agreement with PointsBet for its US sports betting gaming operations as well as all required gaming regulatory filings and licenses.
Represented a multinational mass media and entertainment conglomerate on gaming regulatory matters in connection with its ownership interest in DraftKings, Inc.
Represented CBS Sports Digital, the second-largest sports property in the U.S., in entering into a strategic partnership with William Hill, a leading sports book operator; the partnership makes William Hill the official sports book and wagering data provider across selected CBS Sports Digital platforms.
Represented Golden Entertainment, Inc. before the Pennsylvania Gaming Control Board in connection with its application for a license to operate video gaming terminals in the Commonwealth.
Represented J.P. Morgan, and its co-lenders Winthrop Capital Partners and Witkoff Group, as first lien lenders in its $285 million debt restructuring and equity transfer involving the Ocean Resort Casino, a casino hotel located in Atlantic City, New Jersey.
Advised FanDuel, Inc. in connection with the submission of one of the first applications for fantasy sports contest licenses required by the Pennsylvania Gaming Control Board.
Served as regulatory counsel to FanDuel, Inc., a U.S. one-day fantasy sports provider, in connection with its recent merger with Paddy Power Betfair, a leading international sports betting and gaming operator, to form FanDuel Group. FanDuel Group now operates the FanDuel Sportsbook at the Meadowlands Racetrack in New Jersey, becoming an early entrant to the recently expanded U.S. sports betting market.
Obtained a favorable ruling from the California Gambling Control Commission finding client Halifax Security, Inc. d/b/a North American Video suitable to provide security and surveillance systems and services to various tribal gaming establishments licensed by the Commission and operated in California by the Barona Band of Mission Indians, Cabazon Band of Mission Indians, Soboba Band of Luiseno Indians, Sycuan Band of the Kumeyaay Nation and the Table Mountain Rancheria.
Successfully represented a U.S. company in an eighteen (18) month hearing before the Pennsylvania Gaming Control Board involving complicated legal issues under the Pennsylvania gaming law, comparison of the regulation of a licensee in Hong Kong with the regulation of a registered investment adviser in the United States, as well as a comparison of the regulation of an investment company in the Cayman Islands with the regulation of an investment company in the United States.
Obtained a favorable licensing reconsideration ruling from the New Jersey Division of Gaming Enforcement for clients NYX Gaming Group and its parent, Scientific Games Corporation, resolving a licensing issue that held up NYX’s ability to distribute and deploy computer-based wagering games, developed jointly with Australia’s Lightning Box Games, for use in the burgeoning New Jersey internet gaming market; created an amendment to the NYX/Lightning Box game development agreement addressing the complicated area of game design services that was acceptable to the parties and resolved the Division of Gaming Enforcement’s licensing concern.
Represented Boyd Gaming Corporation in obtaining all gaming regulatory approvals from the Pennsylvania Gaming Control Board in connection with Boyd Gaming’s acquisition of Valley Forge Casino Resort in suburban Philadelphia.
Represented JPJ Group (formerly LSE:JPJ), a leading global online bingo-led operator, in its £490m acquisition of online gaming company Gamesys Holdings Ltd., thereby forming Gamesys Group (LSE:GYS).
Represented a major publicly traded multistate cannabis operator in defeating emergent relief and denying injunctive relief sought by a New Jersey cannabis licensee to prevent the MSO from completing construction of licensee’s cannabis cultivation facility and to stymie the MSO’s acquisition of the New Jersey medical cannabis license.
- Represented Green Thumb Industries Inc. and GTI New Jersey, LLC as litigating counsel in a broken lease dispute arising out of termination of lease after $5 million expended to fit out site due to landlord defaults.
New Jersey regulatory counsel for Green Thumb Industries Inc., including in the comprehensive, competitive process that resulted in the New Jersey Department of Health authorizing GTI New Jersey LLC’s Paterson cultivation and dispensary facilities.
Represented iAnthus Capital Holdings, Inc. which owns, operates, and partners with regulated cannabis operations across the United States, as US regulatory counsel for a comprehensive strategic review process culminating in a Restructuring Support Agreement with 100% of its Secured Lenders and over 91% of the Unsecured Debenture holders to effect a proposed recapitalization transaction, as well as provide Interim Financing of $14 million.
- New Jersey
- U.S. District Court for the District of New Jersey
- Rutgers School of Law - Camden, J.D., 2015
- University of Delaware, B.S., 2012
Duane Morris LLP
- Associate, 2018-present
Cenlar Federal Savings Bank
- Special Products Analyst, 2017-2018
Gaming Laboratories International
- Assistant Corporate Counsel, 2015-2017
New Jersey Bar Association
- Casino Law Section, Chair
- Cannabis Law Special Committee
Pennsylvania Bar Association
- Gaming Law Committee
Certified Anti-Money Laundering Specialist (CAMS)
Certified Compliance and Ethics Professional (CCEP)
Association of Certified Anti-Money Laundering Specialists
Society of Corporate Compliance and Ethics
American Bar Association
Honors and Awards
- Named to Best Lawyers "Ones to Watch," 2021
Civic and Charitable Activities
Josh Kahan Fund
- Volunteer, 2004-present
Braveheart Lacrosse Camps LLC
- Youth Coach/Alumni Coordinator, 2008-2015
Contributor, Duane Morris Gaming Law Blog
Contributor, Duane Morris Cannabis Industry Blog
Co-author, "DOJ Reconsiders Its View on the Wire Act - What Happens Now?" Duane Morris Alert, January 16, 2019
Co-author, "Cameras Don’t Lie,"The Barrister, Camden County Bar Association, November 2014
Selected Speaking Engagements
- Panelist, "Spinning the Wheel: The Latest on Sports Betting, Online Casino and New Jersey Gaming Law," New Jersey Institute for Continuing Legal Education Webinar, April 7, 2021
“Introduction to Gaming Industry AML & CFT Compliance,” GLI University Featured Webinar Series, 2016