Stories by

Bobby Allyn

Reporter

New Jersey asks Supreme Court to resolve fight over Kalshi's future

New Jersey asks Supreme Court to resolve fight over Kalshi's future

Bobby Allyn | Sep 2, 2026, 6:17 PM UTC
If the high court accepts the petition, it would tee up a case with sweeping implications for prediction markets, an industry that has unleashed billions of dollars of betting across nearly every aspect of modern life.
Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'
Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'
Researchers warn betting on clinical trials could incentivize insider trading and interfere with drug development. But Kalshi and Polymarket say they provide valuable information to patients.
Bobby Allyn | Aug 7, 2026, 10:00 AM UTC
For sale: early access to Trump's Truth Social posts
For sale: early access to Trump's Truth Social posts
The president's media company is offering investors early access to his Truth Social feed for up to $100,000 a month. Experts say the service may violate insider trading laws.
Bobby Allyn | Aug 1, 2026, 9:00 AM UTC
Kalshi attacks a Wisconsin law banning election bets as 'voter suppression'
Kalshi attacks a Wisconsin law banning election bets as 'voter suppression'
The spat between the leading prediction market company and a key battleground state could be a glimpse into the next major fight between states and the fast-growing industry.
Bobby Allyn | Jul 27, 2026, 9:00 AM UTC
Kalshi says it's not a sportsbook even as World Cup bets surge
Kalshi says it's not a sportsbook even as World Cup bets surge
The betting site Kalshi emerged as a dominant sports betting platform during the World Cup. But the company avoids billions of dollars in taxes by insisting it is not a sports gambling operator.
Bobby Allyn | Jul 17, 2026, 9:00 AM UTC
Officials probe whether White House teleprompter operator profited off Trump's words
Officials probe whether White House teleprompter operator profited off Trump's words
It's the first known instance of officials investigating suspected insider trading on a prediction market from inside the White House.
Bobby Allyn | Jul 16, 2026, 5:10 PM UTC