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CFTC rules split prediction markets from sportsbooks in Federal Register filings, Casino Journal reports
- CFTC rules split prediction markets from sportsbooks in Federal Register filings, Casino Journal reports — Casino Journal reported two CFTC documents published in the Federal Register on October 19 set out a boundary between federal and state oversight. An interim final rule in effect on publication excludes casino-style gambling products from the swap definition, while a proposed rule would classify event contracts on sports, politics, culture and weather as swaps, with comments accepted until November 18. (Casino Journal)
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