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<\/p>\n\n Posted on: December 3, 2025, 08:09h.\u00a0\n <\/p>\n
\n Last updated on: December 3, 2025, 08:09h.\n <\/p>\n
<\/p>\n
NHL signed deal with\u00a0Kalshi and Polymarket in\u00a0October
\nNHL touts competitive balance across both\u00a0conferences
\nKalshi announces $11 billion valuation<\/p>\n
One look at the NHL\u2019s Eastern Conference today and there sits the most competitive grouping of teams not seen in years. Just nine points separates the last place Florida Panthers and the first place Carolina Hurricanes. No one team, other than the Colorado Avalanche, maybe the Dallas Stars, have dominated this NHL season. And parity is good for betting \u2013 underdogs have real chances, spiking interest in parlays or props.<\/p>\n
![\"\"](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/12\/NHL-pre-game-pucks-858x572.jpeg\")
A general view of the pucks prior to pre-game warm up between the Winnipeg Jets and the Nashville Predators at the Canada Life Centre in Winnipeg, Manitoba. Photo by Darcy Finley\/NHL via Getty Images.<\/p>\n
In October, the NHL announced a controversial deal with Kalshi and Polymarket making the two of them the official prediction markets of the NHL, giving Polymarket and Kalshi access to official NHL proprietary data and rights to use NHL marks, logos and official designations on their platforms and products. Both brands are getting brand exposure via Digitally Enhanced Dasherboards and blue line slot virtual signage during NHL game broadcasts for regular season games, the playoffs, plus the NHL Winter Classic and NHL Stadium Series.<\/p>\n
It was a big shot of credibility for the prediction market companies. They\u2019ve been looking for similar deals with major pro sports leagues. The NHL is the first<\/a>. Prediction market companies are financial instruments regulated federally by the Commodity Futures Trading Commission where the platforms offer prediction contracts, people making bets on outcomes, withdrawing your winnings from a wallet on the platform either to a bank account to crypto wallet, minus fees.<\/p>\n Bettman on CNBC<\/p>\n Kalshi and Polymarket have been allowed to offer contracts across the U.S. without securing a sports book license. The prediction market companies have been under assault from organizations like the American Gaming Association, working to protect the regulated sports betting and online casino industries.<\/p>\n Yesterday, Kalshi announced it has raised USD $1 billion<\/a> at an $11 billion valuation, its third round of capital funding this year.<\/p>\n Kalshi is dealing with lawsuits in multiple states from regulators who argue that the prediction market company is breaking state laws by offering event contracts that are just like sports bets. Kalshi and Polymarket argue they don\u2019t fall under state law jurisdiction since they are regulated by the CFTC. With the prediction markets disrupting the traditional sportsbooks landscape, the two major sportsbook operators, DraftKings and FanDuel, look to enter the prediction market space soon<\/a>. Both of those companies rescinded their AGA memberships<\/a>.<\/p>\n