💸 Prediction markets spark US tax row

The American Gaming Association says platforms including Kalshi, Polymarket and Crypto.com may have cost US states and tribal governments around $1bn in gaming tax revenue. The claim, reported by The Gambler Media, adds fresh pressure to the debate over whether prediction markets should sit outside state gambling rules 📊🇺🇸 The industry signal is clear: this is no longer a niche legal dispute. With 41 state attorneys general said to back opposition to federal oversight, the outcome could reshape how betting, event contracts and tax flows are regulated across the US ⚖️💼