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

The 9th U.S. Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a 3rd Circuit ruling from April.

Where: Nevada

Exact coordinates

nevada: 38.800, -116.420

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U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
What might happen next? AI-generated

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