Novig loses court shield, and New York gambling laws strike back

First reported by The Defiant at Wed 2:15 PM · 2 outlets in all

1. CryptoSlate1hNovig loses court shield, and New York gambling laws strike backA judge said state rules could apply even if its sports contracts were swaps; Novig appealed the preliminary denial.
2. The Defiant6hNovig Loses Bid to Block New York Gambling EnforcementThe judge found at the preliminary-injunction stage that Novig's sports contracts are not swaps and sharply criticized the CFTC's efforts to shield prediction markets.