The American Gaming Association (AGA) has reported that states and tribes have lost over $1 billion to prediction markets, as indicated by its online counter surpassing this figure on Thursday. However, Kalshi has disputed this estimate, and the Coalition for Prediction Markets has stated that the AGA's underlying sources could not be verified. This disagreement arises in the context of the U.S. gambling industry generating $78.72 billion in revenue and $18.09 billion in gaming taxes for 2025, according to NS3.AI.