# U.S. appeals court rules against prediction markets, setting up likely Supreme Court fight

https://mins.news/en/item/36061

- CNBC, 2026-08-28 18:29 UTC
- Economy
- Original: https://www.cnbc.com/2026/08/28/appeals-court-rules-against-prediction-markets-tees-up-scotus-fight.html

> 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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