American Gaming Association News & Prediction Market Coverage
Track the latest American Gaming Association news across prediction markets. Prediction News is following 9 active American Gaming Association stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
CFTC issues twin proposals classifying event contracts as swaps
TechGaming industry unites against prediction markets at G2E in Las Vegas
LegalTexas Senate grills Kalshi and gaming lobby on prediction markets
LegalManhattan judge weighs CFTC bid to block New York prediction market crackdown
TradingAGA forecasts flat $29.5 billion NFL wagering for 2026, blames prediction markets
LegalCasino lobby AGA blames prediction markets for flat sports betting growth
TradingNovig posts $125 million in first-week sports prediction market volume
OpinionChris Christie predicts Supreme Court fight over U.S. prediction markets
OpinionAmerican Gaming Association president says prediction markets are siphoning money from New Jersey communities
Frequently Asked Questions
What is the American Gaming Association's position on prediction markets?
The AGA views sports-related prediction market contracts as gambling that evades state taxes and regulation, estimating over $1 billion in lost state revenue.
Has the AGA lobbied against prediction markets in Congress?
Yes, gaming industry groups including the AGA lobbied the Senate to ban sports and casino-style prediction markets in pending cryptocurrency legislation.
How does the AGA calculate tax losses from prediction markets?
The AGA attributes the bulk of prediction market activity to sports event contracts and tracks resulting shortfalls in state gambling tax collections.
Does the AGA support CFTC regulation of sports event contracts?
No, the AGA has criticized CFTC proposals permitting sports contracts and coordinated with tribes and states against federal preemption claims by platforms.
Which prediction market platforms has the AGA criticized?
The AGA has publicly disputed claims by Kalshi and Polymarket, calling their tax-loss tracker 'fake math' and highlighting their sports contract offerings.