EconomyU.S. appeals court rules against prediction markets, setting up likely Supreme Court fight
The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting an April decision by the Third Circuit and potentially setting up a Supreme Court battle.
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CNBC★★★☆☆2026-08-28 18:29Original
U.S. appeals court rules against prediction markets, setting up likely Supreme Court fight
Economy