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Proposed CFTC rule aims to draw line between traditional gambling and prediction markets

Proposed CFTC rule aims to draw line between traditional gambling and prediction markets

Photo: Focus Gaming News

The proposal would exclude traditional gambling products, including sportsbook wagers and casino games, from the federal definition of a swap Key Takeaways U.S.- The US Commodity Futures Trading Commission (CFTC) issued an interim final rule on October 9 excluding qualifying traditional gambling products, including sportsbook wagers and casino games, from the federal definition of a...

Source: Focus Gaming News

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