Tag: sportsbooks
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CFTC Codifies Exclusion of Casino-Style Gambling From 'Swap' Definition
The CFTC published an Interim Final Rule codifying its longstanding position that casino-style gambling products, including sportsbook wagers and casino games, fall outside the definition of a swap.
BusinessPolitics and GovernmentLaw EnforcementUSAFederal GovernmentFinancial MarketsLegalEconomy Commodity Futures Trading CommissionInterim Final Ruleswap definitioncasino-style gamblingsportsbookscasino gamesCFTC regulation