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The CFTC codified an exclusion for casino games and sportsbook wagers from swap definitions via an Interim Final Rule while proposing to treat event contracts on sports, politics, cultural events and weather as CEA-covered derivatives. This draws a sharper federal-state line on product authority. Th…
The CFTC proposed event-contract swap status and a casino-wager exclusion, while state-law disputes continue to cloud prediction-market access.
The CFTC proposed defining sports, political and weather event contracts as swaps and issued a rule excluding sportsbook bets and casino games.