American Gaming Association
Coverage of American Gaming Association in the Nexus archive.
- Mrs. Dow Jones: The American dream is 'very dead' for millennials and Gen Z
Haley Sacks, known as Mrs. Dow Jones, claims the American dream is 'very dead' for millennials and Gen Z due to financial obstacles like student debt, inflation, and AI's impact on jobs. Young Americans are turning to side hustles and gambling, but Sacks warns against the latter as a losing proposition.
- Gaming association says states have lost $1 billion in tax revenue due to prediction markets
The American Gaming Association claims states have lost $1 billion in tax revenue due to prediction markets. Bill Miller, the organization's president and CEO, described prediction market platforms as 'backdoor sports betting.'
- Sen Blackburn says sports betting hearing likely first of ‘several’ as Congress weighs federal action
Sen. Marsha Blackburn announced that Wednesday's congressional hearing on sports betting and prediction markets is likely the first of several as Congress determines the proper federal versus state regulatory framework. The hearing examined concerns about sports integrity, gambling addiction, and prediction markets operating as potential backdoor sports betting operations without state-level regulatory constraints.