New York's Attorney General Letitia James is not the only Democrat to take issue with Governor Kathy Hochul's recent decision to sue prediction market platform Kalshi. In a scathing rebuke, state Republican leader Nick Langworthy's chief of staff, Joe Blakeman, has accused Hochul of "leaving billions on the table" by cracking down on the innovative fintech firm. Kalshi, which allows users to bet on real-world events, has been at the center of a heated debate over its potential to revolutionize the financial industry. Blakeman's comments come as Hochul faces mounting pressure from lawmakers and industry leaders to reconsider her lawsuit, which could have far-reaching implications for the future of prediction markets in New York.
Blakeman slams Hochul over NY suit to block prediction market Kalshi: 'Left billions on the table' New York Post
