An October 9, 2026 Commodity Futures Trading Commission interim final rule codifies the exclusion of sportsbook wagers and casino-style gambling products from the legal definition of a swap, leaving them under state oversight

From the articleU.S. CFTC moves to fold event contracts into swaps regulations as legal fight ragesAlso in CFTC proposes new swap definition to regulate prediction markets, CFTC Draws the Line Between Prediction Markets and Gambling in New Rules - Decrypt, CFTC proposes treating event contracts as swaps while excluding casino gambling, CFTC proposes a divide between prediction contracts and sportsbook wagers