The American Gaming Association reported US commercial gaming revenue of $17.7bn for Q1, a quarterly record. Its tracker recorded $2bn in igaming revenue, up 26.1% year on year, with the AGA attributing part of the increase to Rhode Island’s March launch.
The figures give operators and regulators a measure of US commercial gaming and online market growth.
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Reportedly, Tribal leaders and the American Gaming Association described closer coordination against prediction markets at G2E in Las Vegas. California Nations Indian Gaming Association is also organising a coalition ahead of a possible 2028 online sports betting initiative.
At the Las Vegas edition of G2E, the American Gaming Association and tribal leaders voiced a more unified pushback against prediction markets, and they singled out California as a central battleground. A Main Stage panel contended that sports event contracts from firms like Kalshi take revenue away from states and tribes and should not be accepted as legal substitutes for gambling.
The American Gaming Association forecasts that Americans will legally wager $29.5bn through regulated commercial sportsbooks during the 2026 NFL season, compared with $29.4bn the previous season. AGA president and chief executive Bill Miller said prediction markets have stalled growth in legal betting, while the association estimated they had diverted more than $1.3bn in potential state gaming tax revenue since 2025.
US users aged 18–21 traded approximately $5.4bn on Kalshi during 2026. Kalshi said this age group represented 3.14% of platform transactions. Approximately $3.9bn of their trading involved sports contracts and parlays, as sports leagues called for a minimum trading age of 21.
NyesteCasino.com published an industry overview describing regulatory developments affecting gambling and betting in several markets, according to the report. It cited a Tennessee law banning sweepstakes casinos, Indonesia's request for a nationwide Polymarket ban and Brazil's prohibition of Pix Crédito deposits on regulated betting platforms.
The American Gaming Association estimated that prediction markets have cost US states and tribal governments more than $1 billion in tax revenue, according to its latest report. AGA chief executive Bill Miller said federal oversight of the platforms is inadequate, while state authorities and platform operators dispute whether the products fall under state gaming rules or federal jurisdiction.