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CFTC moves to separate prediction markets from sportsbooks and casino bets
- CFTC moves to separate prediction markets from sportsbooks and casino bets — The CFTC announced two October 9 actions aimed at distinguishing prediction markets from conventional gambling, including a proposed rule classifying sports and other event contracts as swaps. A separate rule would exclude qualifying sportsbook wagers and casino games from that definition. (Play Pennsylvania)
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