U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
Writer: Davis Giangiulio |
Date: 2026-08-29 02:23:00
This text was initially printed by Finance. The title and a short excerpt are offered for informational and reference functions. Readers ought to go to the unique writer for the entire article, supporting context, photographs, and any subsequent updates.
The ninth U.S. Circuit Courtroom of Appeals dominated that sports-related occasion contracts are usually not swaps, contradicting a third Circuit ruling from April.
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Tags: Markets,Breaking Information: Markets,Inventory markets,Funding technique,Wall Avenue,Courtroom selections,Robinhood Markets Inc,DraftKings Inc,Flutter Leisure PLC,Nevada,enterprise information
