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Law·01/06/2026Résumé IA
US Gambling Industry Battles Prediction Markets Over Billions in Lost Revenue
The American Gaming Association claims states and tribes lost over $1 billion to prediction markets, which they argue are untaxed sportsbooks. Platforms like Kalshi and Polymarket, regulated by the CFTC, dispute the figure, calling it 'fake math.' This dispute highlights a jurisdictional fight over gambling regulation, with states seeking to impose similar rules and taxes on these platforms.
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