CFTC Proposes Swap Rule for Event Contracts While Excluding Casino Gambling
On October 9 the CFTC proposed folding sports, political, cultural and weather event contracts into the federal swap definition, and…
Tag: sports betting
Sixth Circuit Says Kalshi Sports Contracts Are Not Swaps, Letting Ohio and Tennessee Enforce Gambling Laws
The Sixth Circuit ruled Kalshi failed to show its sports-event contracts are federally regulated swaps, letting Ohio and Tennessee enforce…
Sixth Circuit Says Ohio and Tennessee Can Enforce Gambling Laws Against Kalshi Sports Contracts
A Sixth Circuit panel ruled Kalshi's sports-event contracts are not federally regulated swaps, handing Ohio and Tennessee the win and…
Kalshi and Polymarket NFL Promos Meet U.S. Supreme Court Petition After Split Federal Appeals Rulings
Polymarket, Kalshi and their affiliates are blanketing NFL Week 1 with near-identical $50 and $25 sign-up codes for 49ers-Rams odds,…