Bobby Allen
speaker
2,223 appearances
303 recordings
4 series
first heard Nov 2024
last heard yesterday
Bobby Allen’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 234 in all, peaking in Sep 2026 with 31.
Appearances
New York Attorney General Letitia James' lawsuit seeks to have the country's biggest prediction market company banned.
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The suit is also asking a court to force Kalshi to forfeit all of its billions of dollars in profits to the state.
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It's the latest legal showdown between states and the prediction market industry led by PolyMarket and Kalshi.
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44 states recently wrote the Trump administration asking that the booming companies be regulated like any other gambling operation.
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But the industry has the support of the White House, which argues the federal government should oversee the sector.
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In New York, legal online gambling is subject to a 51% tax rate.
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Kalshi, as a prediction market company, avoids that altogether.
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Bobby Allen, NPR News.
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The Trump administration is currently rewriting the federal rules for the prediction market industry.
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Companies like Kalshi and Polymarket that have thrived in Trump's second term.
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And Trump officials want them regulated by the federal government as a type of financial investment product, not gambling.
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But a newly public letter sent by 44 states sends a clear message to regulators in Washington.
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State officials view prediction markets as having made an end run around state laws and state taxes, especially when it comes to sports betting, which accounts for most of the billions of dollars wagered on calci and poly market.
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But other topics are popular, too, like politics and elections.
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$200 million has already been wagered on the sites ahead of the midterms.
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Bobby Allen, NPR News.
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The Trump administration is currently rewriting the federal rules for the prediction market industry.
matched
Companies like Kalshi and Polymarket that have thrived in Trump's second term.
matched
And Trump officials want them regulated by the federal government as a type of financial investment product, not gambling.
matched
But a newly public letter sent by 44 states sends a clear message to regulators in Washington.
matched
Showing 441–460 of 2,223 · page 23 of 112
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