Nabarro Nathanson and Berwin Leighton Paisner (BLP) will not be the first to discover that online gaming is a risky business. But with both firms having missed out on major mandates in the sector in recent weeks, the pair could be forgiven for feeling that their luck is out at the moment.
While BLP says that it was never lead corporate adviser to Betfair, which has just turned to Freshfields Bruckhaus Deringer on a major bid ( see below), Nabarros’ recent loss of lead counsel status to Empire Online is harder to spin.
