Big, bold numbers command attention. Dr. Evil understood this (even if he was a bit disoriented at first and out of step with inflation when first unfrozen in the 1990s). And the American Gaming Association (AGA) understands this.
That’s part of why AGA President and CEO Bill Miller appeared on CNBC’s Squawk Box when he did a little under two weeks ago, on the occasion of the AGA’s running counter of “State Gaming Tax Dollars Lost Since Prediction Markets Began Offering Sports Event Contracts” crossing … (cue Dr. Evil voice) … $1 billion.
State and tribal governments, Miller said on CNBC, “are losing literally a billion dollars today in … revenue that would otherwise go to fund important community projects and pay taxes to these states.”
