
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."
Read full article →AGA: States lost $1 billion in tax revenue to prediction markets
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