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

POL May 31, 2026 1 minute read

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
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