X @Wu Blockchain

Giannis Antetokounmpo announced his shareholder status in prediction market Kalshi Sports after the NBA trade deadline. Although Kalshi is regulated as a financial exchange rather than a gambling platform, and the NBA permits players to hold <1% passive stakes in betting firms, Giannis's potential to profit from speculation on his own career (e.g., trade rumors) poses regulatory challenges for the league. https://t.co/tAfz4yzin7 ...