On October 9, the CFTC proposed expressly treating sports-, politics-, culture-, and weather-linked event contracts as swaps. In a paired interim final rule, it excluded casino-style gambling, sportsbook bets, and casino games. That split matters more than the headlines: a binary contract can sit inside the derivatives perimeter without making a casino game a federally regulated swap. The comment window is tied to Federal Register publication, whose actual date was not established here, so this is not an action-now reminder. CFTC proposal · CFTC interim final rule