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CFTC rules split prediction markets from sportsbooks with comments due November 18, CasinoJournal reports
- CFTC rules split prediction markets from sportsbooks with comments due November 18, CasinoJournal reports — CasinoJournal reported the Commodity Futures Trading Commission published two Federal Register documents on October 19 defining exchange-traded event contracts as swaps under federal oversight while excluding casino-style gambling products, with comments due November 18. Nevada Gaming Control Board chair Mike Dreitzer called the distinction untenable, and Utah filed a new state-court suit against Kalshi on October 20. (CasinoJournal)
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