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How a disputed $1 billion claim became a powerful weapon against prediction markets

By Andjela Radmilac at 2026-05-31 11:06

Sentiment: Negative

On the American Gaming Association's website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets. On Thursday, it rolled past $1 billion, and the AGA moved fast to make a headline out of it, with President Bill Miller going on CNBC to warn […] The post How a disputed $1 billion claim became a powerful weapon against prediction markets appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Derivatives #Featured #Regulation #AGA #american gambling association #CFTC #coalition for prediction markets #gambling #gambling industry #Kalshi #Polymarket #prediction markets #sports betting

Source CryptoSlate