As reported by Benzinga, Daniel Davis, Partner and Financial Markets and Regulation Chair, weighed in on the escalating legal battle over sports-event contracts and prediction markets. Three federal appeals courts have now issued conflicting rulings in the dispute, which raises the prospect of a Supreme Court showdown over prediction marekts. Dan, the former general counsel of the Commodity Futures Trading Commission (CFTC), said the case has several features that favor Supreme Court review: the appeals courts are divided, the federal government is involved, and litigation is underway across the country. “I think there’s a very good chance you get Supreme Court review.”