Overview
- Silver said Antetokounmpo’s investment is "minuscule" and well below the 1% cap allowed by the league’s collective bargaining agreement.
- The commissioner highlighted the need for tighter oversight given legal wagering across about 40 U.S. jurisdictions and roughly 80 countries.
- The NBA is treating prediction markets as major sports betting marketplaces as their usage and valuations grow.
- Kalshi stated that active NBA players, including Antetokounmpo, are prohibited from trading on NBA-related markets under its integrity policies.
- League engagement included hosting Kalshi and Polymarket executives at the All-Star Tech Summit after Kalshi saw more than $23 million traded on Antetokounmpo’s team-future before the deadline.