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Foley and Lardner maps the circuit split over sports event contracts as prediction market litigation heads toward the Supreme Court
- Foley and Lardner maps the circuit split over sports event contracts as prediction market litigation heads toward the Supreme Court — Foley and Lardner's prediction markets overview says the Third Circuit held Kalshi sports event contracts likely qualify as swaps under the Commodity Exchange Act, while the Ninth Circuit reached the opposite conclusion. The firm has built a litigation tracker covering the federal and state cases now dividing the courts. (Foley & Lardner)
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