The American Gaming Association has urged Congress to prevent prediction market platforms from offering nationwide sports betting through contracts regulated by the Commodity Futures Trading Commission.
The American Gaming Association (AGA) has announced the Gaming Hall of Fame Class of 2026, honoring four industry leaders whose contributions have significantly shaped the legal gaming industry.
Major U.S. gambling industry groups have called on Congress to prohibit prediction market platforms from offering sports-related event contracts.
The American Gaming Association estimates states have missed out on $1 billion in tax revenues due to the rise of prediction markets, according to the trade group's latest report.
A top US gambling industry chief has called on the Commodity Futures Trading Commission to stop defending prediction markets platforms and stick to regulating the financial markets.
The American Gaming Association (AGA) raised concerns over the rapid growth of sports prediction markets, labeling them as unregulated sports betting platforms.
Two of the most influential voices in US gaming have issued a fresh warning to Congress as lawmakers weigh a significant shift in financial regulation.
Geopolitical jitters appear to have done little to slow the momentum of the American gaming industry.
