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Giannis Antetokounmpo takes direct stake in Kalshi

Deals & M&A

Giannis Antetokounmpo became a direct investor in Kalshi earlier in February, the report said, making him the first active professional athlete to invest directly in a prediction-market operator. NBA commissioner Adam Silver described the stake as below 1% of the company; the league’s rules permit passive minority ownership in gaming companies subject to limits.

The investment tests how NBA players may hold passive stakes in gaming companies under league rules.

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