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U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court

CNBC Finance August 28, 2026 · 6:59 pm Read Original

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U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court

The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a Third Circuit ruling from April.

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source CNBC Finance

Published Aug 28, 2026 · 6:59 pm

Article ID kt2km9a

Original URL Open source

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