[U.S. Gambling Industry and Unions Push to Ban Prediction Markets from Offering Sports Betting in Crypto Legislation] According to Semafor, the U.S. gambling industry, along with tribal groups and unions, is urging lawmakers to include provisions in pending crypto legislation that would prohibit prediction markets like Kalshi from offering sports betting services. In a letter, the American Gaming Association, the Indiana Gaming Association, the AFL-CIO's Hotel and Gaming Trades Council, and UNITE HERE stated that prediction markets have driven the largest gambling expansion in U.S. history over the past 18 months without voter approval or legislative authorization. The AGA claims that since early 2025, states have lost $1 billion in revenue due to prediction markets, a claim disputed by prediction market operators.