The American Gaming Association (AGA) has estimated that sports betting in the NFL has led to a loss of $1.4 billion in tax revenue. This figure is based on the association’s analysis of how prediction markets have impacted the financial landscape of sports betting. The AGA claims that the proliferation of these markets has contributed to a stagnation in the revenue generated from NFL betting this year. This trend is attributed to the increasing popularity of alternative betting platforms that offer more diverse and accessible options for bettors. As a result, traditional betting models have seen a decline in their ability to generate substantial tax revenue. The AGA’s findings highlight a growing concern about the financial implications of evolving betting technologies on state and local tax systems.