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According to Semafor, the American Gaming Association, Indiana Gaming Association, AFL-CIO Hotel and Gaming Industry Union Council, and UNITE HERE have written to lawmakers requesting that predicted markets such as Kalshi be prohibited from providing sports betting services in cryptocurrency legislation. The above-mentioned organization stated that it is predicted that the market has driven the largest gambling expansion in US history in the past 18 months. The American Gaming Association stated that since the beginning of 2025, states have reported a loss of $1 billion in revenue due to predicted market losses, which has been disputed by market participants.