The SF Giants aren't even trying to hide their shameless money grabs now
SFGATE columnist Dave Tobener reacts to the Giants' new deal with Kalshi.
The San Francisco Giants have decided to partner with Kalshi, the first federally regulated financial exchange and prediction market in the United States. The Giants are teaming up with Kalshi, a gambling (sorry, trading) company, alongside other MLB teams such as the Cincinnati Reds. The partnership with Kalshi is particularly controversial for the Giants, as they already have a deal with PrizePicks, another gambling (sorry, trading) platform.
The Giants' vice president of partnerships, Steve Tseng, attempted to justify the decision by stating that they wanted to control the narrative around gambling. However, the quote from Tseng seems hollow, as the Giants are still prioritizing money over their on-field performance, which has been poor. The team's focus on making as much money as possible has led them to make poor decisions, and it is unclear if they will be able to sustain fan support if they continue on this path.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
