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Why $8.2B prediction markets’ major league sports backing is huge blow to legacy betting
October 23, 2025
CoinFeed News
The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the first major US professional sports league to permit the use of its trademarks by prediction markets, or “licensed betting markets.” As The Wall Street Journal reported on Oct. 22, the multiyear deals grant both platforms rights The post Why $8.2B prediction markets’ major league sports backing is huge blow to legacy betting appeared first on CryptoSlate.