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ARTICLE · 06 SEPTEMBER 2017

Sports Law Update

In this edition of Herrick's Sports Law Update, we delve into the due diligence aspects of eSports investments, updates from our clients Legends Hospitality

United StatesMedia, Telecoms, IT, Entertainment

In this edition of Herrick's Sports Law Update, we delve into the due diligence aspects of eSports investments, updates from our clients Legends Hospitality, Top Rank and Venezia FC; and the Las Vegas Sun reports on our representation of UNLV, which is negotiating with the Las Vegas Raiders on the city's $1.9 billion stadium project.

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eSports Investments: Virtual Games Require Real Due Diligence

Last year saw a plethora of investors turn their focus to eSports. The Philadelphia 76ers acquired Team Dignitas and Team Apex; while the investment group aXiomatic, which includes Steve Case, Tony Robbins and Magic Johnson, bought the Dutch-based Team Liquid. The co-owners of the Sacramento Kings also bought Team Coast, and then proceeded to rebrand the team as NRG with help from investors Shaquille O'Neal, Alex Rodriguez and Jimmy Rollins. But what should eSports investors expect during the due diligence phase? Our Sports Law Group

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