Gaming Industry Warns Prediction Markets Have Cost States Over $1 Billion in Gambling Taxes

The rapid expansion of prediction markets has sparked a fresh dispute between gambling operators and financial regulators across the United States. Casino industry leaders now argue that states continue losing major tax revenue as consumers shift toward prediction-based platforms. Consequently, lawmakers and regulators face mounting pressure to define how these markets should operate under federal […] Read The Full Article Gaming Industry Warns Prediction Markets Have Cost States Over $1 Billion in Gambling Taxes On Coin Edition.