CFTC excludes casino sportsbooks from swap definition
Photo: Crypto Briefing
An interim final rule keeps state- and tribal-licensed gambling outside federal derivatives oversight while the agency moves to classify exchange-traded event contracts as swaps The Commodity Futures Trading Commission has formally decided that a parlay at your local casino sportsbook is not a derivative. On October 9, 2026, the agency issued an Interim Final Rule that excludes casino-style gambling products from the definition of a “swap” under the Commodity Exchange Act. The same day, the CFTC also published a proposal pointing the other way. It would treat certain event contracts, including those tied to sports and politics, as swaps.
Source: Crypto Briefing
