The NHL has agreed to partnerships with two prediction market platform (PMP) startups, Kalshi and Polymarket, marking a significant development in the sports betting industry.
Following the Supreme Court's 2018 decision to clear the path for sports betting, the industry has grown rapidly, with many predicting its potential for both legal and illegal activities, including game fixing and organized crime.
the horse is so far out of the barn that it’s hard to remember there once was a barn
The NBA's experience with sports gambling scandals can serve as a lesson for the NHL as it navigates these new partnerships.
Author's summary: NHL partners with PMP startups amid sports betting growth.