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Sports bets on prediction markets ruled to be "swaps," exempt from state laws

A federal appeals court ruled that New Jersey cannot regulate sports bets on prediction markets beca...

BUSINESS NEWS April 06, 2026

Sports bets on prediction markets ruled to be "swaps," exempt from state laws

A federal appeals court ruled that New Jersey cannot regulate sports bets on prediction markets because the US Commodity Futures Trading Commission (CFTC)...

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A federal appeals court ruled that New Jersey cannot regulate sports bets on prediction markets because the US Commodity Futures Trading Commission (CFTC)...

Author: Ars Technica

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