CFTC Rule Excludes Casino-Style Gambling From Swap Definition
The Commodity Futures Trading Commission on Friday, October 9, 2026, published an Interim Final Rule codifying what the agency describes as its longstanding position that casino-style gambling products, including wagers placed on sportsbooks and casino games, are excluded from the "swap" definition under the Commodity Exchange Act. The rule, titled "Further Definition of 'Swap' to Exclude Casino-Style Gambling Products" and identified as RIN 3038-AF81, amends 17 CFR Part 1. It will take effect…