# CFTC Proposes Defining Event Contracts as Swaps and Excludes Sportsbook and Casino Wagers

The companion rule on casino-style products takes effect on publication, but neither rule settles whether states can block prediction markets under their gambling laws.

- Published: 2026-10-11T05:46:49.306Z
- Canonical: https://polylog.news/crypto/2026-10-11/cftc-proposes-defining-event-contracts-as-swaps-and-excludes
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/10/09/u-s-cftc-moves-to-fold-event-contracts-into-swaps-regulations-as-legal-fight-rages), [CryptoSlate](https://cryptoslate.com/cftc-proposes-new-divide-between-prediction-contracts-and-sportsbook-wagers/), [Bitcoin.com News](https://news.bitcoin.com/igaming/cftc-wants-event-contracts-defined-as-swaps-but-not-casino-games/)

The Commodity Futures Trading Commission (CFTC) published a proposed rule on October 9 that would classify certain event contracts as swaps under its oversight. These include contracts traded on platforms such as Kalshi that settle on sport…

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