Reade Jacob
Counsel
Reade Jacob represents gaming companies, financial institutions, social media platforms, marketing companies and other commercial clients in a wide array of regulatory and enforcement matters, civil litigation and licensing, and compliance matters.
Mr. Jacob has nearly a decade of experience advising clients on gaming issues. His gaming experience runs the gamut—from counseling daily fantasy sports companies being investigated by state departments of gaming, to advising media companies on state gaming license requirements, and to defending social casinos in class action lawsuits alleging violations of state gambling laws.
Mr. Jacob has also represented financial institutions, tax preparation services, fintech and social media clients in public and non-public matters involving the CFPB, FTC, state attorneys general and state financial services regulators. He has a wealth of experience before federal and state regulators that includes responding to non-public civil investigative demands, negotiating settlements and Consent Orders, and litigating high-stakes cases against state and federal regulators in administrative courts and arbitration proceedings.
Mr. Jacob has also advised corporate clients, including senior-level executives, in-house counsel and board members of companies in technology, data analytics, fintech, money transmission, healthcare and the sharing economy, as well as financial services institutions, on matters related to privacy, investigations, data breach and incident response, regulatory and transactional privacy and data security, and litigation. Additionally, Mr. Jacob performs privacy and data security due diligence related to mergers and acquisitions and negotiates privacy and data security representations and warranties for clients engaging in mergers and acquisitions.
In addition to working as an associate at international law firms prior to joining WilmerHale, Mr. Jacob completed an in-house secondment with a nationally charted bank, where he advised business lines on TCPA, CAN-SPAM, GLBA, and state and federal data breach laws and negotiated data sharing and SaaS agreements with third-party service providers and fintech companies on behalf of the bank.
While pursuing his legal education, Mr. Jacob was a summer clerk for the Honorable David J. Novak of the US District Court for the Eastern District of Virginia.
Professional Activities
Mr. Jacob is a Certified Information Privacy Professional in the United States. He serves as the communications chair for the Administrative Law Section of the Virginia Bar Association.
Mr. Jacob has also published numerous articles on sports betting, daily fantasy sports and other gambling issues in publications such as Lexology’s Getting the Deal Through and The Gambling Law Review.
State Comprehensive Privacy Law Series
Big Data and Artificial Intelligence Blog Posts
Experience
Gambling and Sports Betting
- Advised tribes and sports betting companies concerning federal and state gaming and tribal gaming issues in connection with sports gambling legalization campaigns in New York and California.
- Represented daily fantasy sports companies in non-public investigations related to allegations of unlicensed daily fantasy sports competitions.
- Counseled social media companies, multimedia platforms on legality of “Freemium Games” and similar quasi-gambling games in all 50 states.
- Represented social casino company in Federal class action suit alleging violations of Washington State gambling and consumer protection laws.
- Advised clients in a range of industries on the laws governing contests, sweepstakes, and other types of promotions.
- Counseled major marketing, television and media companies on state sports wagering licensure issues.
- Provided compliance advice to lottery service providers on lottery licensing and other issues, including interstate transmission of lottery information.
- Advised multinational gambling companies on compliance with the Federal Wire Act.
- Advised accounting firm on sports betting, casino, lottery, and sweepstakes laws in all 50 states.
Consumer Protection
- Represented an online software company in consumer protection investigations conducted by more than two dozen state attorneys general.
- Represented an online software company in consumer protection investigations conducted by the Federal Trade Commission.
- Represented retailer in state Attorneys General action over deceptive trade practices allegations. Reached a successful mediation resolution resulting in a settlement agreement with 50 state Attorneys General and the District of Columbia.
- Represented payment processor trade group in filing amicus brief in action brought by the Consumer Financial Protection Bureau.
Privacy and Data Security
- Represented a technology company in an investigation by New York, Pennsylvania and Massachusetts Attorneys General.
- Counseled numerous clients on privacy and data security issues in corporate transactions.
- Seconded in the privacy and data security section of a major nationally chartered bank. Provided legal advice to bank on CAN-SPAM, TCPA, GLBA and GDPR issues.
- Counseled numerous clients on legal obligations under state laws related to data security incidents.
Insights & News
Credentials
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Education
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JD, University of Virginia School of Law, 2014
Senior Articles Editor, Virginia Law & Business Review -
BA, Political Science, Davidson College, 2010
Presidential Fellow, Center for the Study of the Presidency and Congress
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Admissions
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District of Columbia
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Virginia
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Clerkships
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The Hon. David J. Novak, US District Court for the Eastern District of Virginia, 2012
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Credentials
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Education
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JD, University of Virginia School of Law, 2014
Senior Articles Editor, Virginia Law & Business Review -
BA, Political Science, Davidson College, 2010
Presidential Fellow, Center for the Study of the Presidency and Congress
-
-
Admissions
-
District of Columbia
-
Virginia
-
-
Clerkships
-
The Hon. David J. Novak, US District Court for the Eastern District of Virginia, 2012
-