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|Session Name:||Here There be Dragons: Avoiding Dangers in Virtual Property|
|Speaker(s):||S. Gregory Boyd|
|Company Name(s):||Davis & Gilbert LLP|
|Track / Format:||Business & Marketing|
|Overview:||Virtual property is a critical revenue source for a new generation games across all platforms. However, there are certain business models that have serious legal implications associated with gambling, sweepstakes, and securities regulation. In addition, there are a variety of ways to structure the ownership of virtual property by players and each of these types of ownership have different legal consequences. In this talk, we will discuss a variety of models as well as the legally sensitive areas companies should avoid when designing virtual property systems.|