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Saved February 14, 2026
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NBA star Giannis Antetokounmpo has become a shareholder in the prediction market Kalshi, marking the first investment of its kind by an NBA player. His involvement has sparked criticism on social media, with some users questioning the ethics of the move. Kalshi confirmed that Antetokounmpo will not trade on NBA-related markets to comply with regulations.
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Giannis Antetokounmpo, the Milwaukee Bucks star and two-time NBA MVP, has invested in the prediction market Kalshi, marking him as the first NBA player to do so. In a social media announcement, he expressed his desire to share his opinions in a space filled with various viewpoints. The investment aligns with the NBA's recent collective bargaining agreement, which permits players to hold stakes of up to 1% in sports betting firms, as long as they don't promote bets related to the league itself.
The reaction on social media has been largely negative. Critics on Reddit have labeled his involvement a "conflict of interest," with some questioning the legality of his investment. Kalshi plans to collaborate with Antetokounmpo on marketing and live events. To maintain integrity, he will not be permitted to trade in markets connected to the NBA, as outlined in the company's strict terms of service against insider trading and market manipulation.
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