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Kalshi Disputes AGA $1B Prediction Market Tax Claim
Prediction market platforms and the American Gaming Association (AGA) are clashing over claims that states and tribal governments have lost more than $1 billion in gaming tax revenue. The AGA’s online tracker, “State Gaming Tax Dollars Lost Since Prediction Markets Began Offering Sports Event Contracts,” counts potential revenue states could have received if prediction market trades were subject to state taxes and licensing. Kalshi was the first prediction market to offer sports-event contracts before Super Bowl 59 in 2025, operating […] The post Kalshi Disputes AGA $1B Prediction Market Tax Claim appeared first on World Casino News.
Prediction market platforms and the American Gaming Association (AGA) are clashing over claims that states and tribal governments have lost more than $1 billion in gaming tax revenue. The AGA’s online tracker, “State Gaming Tax Dollars Lost Since Prediction Markets Began Offering Sports Event Contracts,” counts potential revenue states could have received if prediction market trades were subject to state taxes and licensing. Kalshi was the first prediction market to offer sports-event contracts before Super Bowl 59 in 2025, operating […]
The post Kalshi Disputes AGA $1B Prediction Market Tax Claim appeared first on World Casino News.
