
States Lost $1 Billion in Tax Revenue to Prediction Markets, Says Gaming Association
The American Gaming Association (AGA) reports that states have lost $1 billion in tax revenue due to the operation of prediction markets. This highlights a significant financial impact on state coffers.
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Gaming association says states have lost $1 billion in tax revenue due to prediction markets
Bill Miller, American Gaming Association president and CEO, added that prediction market platforms in his view amount to "backdoor sports betting."
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