Kevin Vela is the managing partner at Vela Wood. He focuses his practice on venture financing, M&A, fund representation, and gaming law. Vela represents dozens of gaming vendors, daily fantasy sports, and fantasy sports companies. He is active in promoting a responsible gaming agenda in Texas and is a board member of the Fantasy Sports Gaming Association.
Currently, all sports betting in Texas is illegal, despite the fact that many people believe there is a gray area around app-based betting. In reality, Texas does not yet allow for sports...
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