NHL Taps Polymarket and Kalshi as Official Prediction Market Partners

CN
7 hours ago

The agreements grant Polymarket and Kalshi access to official NHL proprietary data and licensing rights, including the use of the league’s marks, logos, and official designations across their platforms.

Both firms’ brokers and merchants will be able to identify NHL-backed prediction products using league branding. Under the deal, Polymarket and Kalshi will also gain high-visibility brand exposure via Digitally Enhanced Dasherboards (DED) and blue line slot virtual signage during national NHL broadcasts—including regular season, Stanley Cup Playoffs, Winter Classic, and Stadium Series games.

“As prediction markets continue to evolve at a rapid pace, partnering with the two market leaders, Kalshi and Polymarket, provides a tremendous opportunity for the broadest fan engagement during the NHL season,” said Keith Wachtel, President of NHL Business.

Wachtel added:

“Polymarket and Kalshi are ideal partners as this category continues to grow and expand.”

Polymarket’s founder and CEO, Shayne Coplan, added, “The NHL has always been about giving fans an incredible experience. We’re excited to bring that energy to Polymarket, where fans can engage with the NHL and its teams in a new way. Together, we’re making the game more interactive and connected.”

Kalshi CEO Tarek Mansour called the collaboration “an important milestone for Kalshi and the industry at large,” emphasizing that “to have a league like the NHL embrace Kalshi is a testament to the integrity, safety, and trust with consumers that Kalshi has spent years building.”

The partnerships follow a record-setting week for both platforms. Combined, Polymarket and Kalshi processed more than $2 billion in trading volume across their markets.

Polymarket recently received a $2 billion capital investment from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, while Kalshi secured $300 million in fresh funding. Moreover, Draftkings is stepping into the fray. The NHL’s endorsement marks one of the most significant validations of prediction markets yet within mainstream sports entertainment.

  • What are Polymarket and Kalshi?
    They are prediction market platforms where users trade contracts based on real-world events.
  • What does the NHL partnership include?
    The agreement gives both platforms rights to use official NHL data, logos, and branding across their products.
  • Why is this deal significant?
    It marks the first major U.S. sports league partnership with event-based trading platforms, signaling broader acceptance of prediction markets.
  • How active are these platforms?
    Last week, Polymarket and Kalshi saw over $2 billion in combined trading volume, pointing to their growing mainstream traction.

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