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US Sports Betting Growth Halts as Prediction Markets Siphon Billions

US Sports Betting Growth Halts as Prediction Markets Siphon Billions

Washington, Saturday, 5 September 2026.
Legal NFL sports betting will stall at $29.5 billion this season. Unregulated prediction markets have diverted $1.3 billion in tax revenue while attracting over $5 billion from underage gamblers.