A new era for prediction markets in professional sports begins today.
Kalshi is proud to announce a first-of-its-kind prediction market partnership with the National Hockey League.
From the opening faceoff to the final buzzer, fans can now engage with their favorite teams through the same federally regulated exchange that brought America legal election trading, sports trading, and even hot dog trading.
The agreement represents a major milestone for prediction markets in the United States and expands Kalshi’s reach into professional sports at the highest level.
Kalshi is now the Official Prediction Market Partner of the @NHL
A Big 4 league. A first-of-its-kind partnership.
The start of a new era.
— #Kalshi (#@Kalshi)
12:35 PM • Oct 22, 2025
The agreement
The NHL’s recognition of Kalshi underscores how quickly regulated event trading is becoming a core part of how fans engage with the world’s biggest sports. For Kalshi, the partnership reinforces the platform’s role as a federally regulated exchange built on transparency and trust.
Under the new multiyear U.S. agreement, Kalshi will gain access to official NHL data, marks, and logos, along with permission to use league designations such as “Stanley Cup” across its products. Kalshi will also gain broadcast visibility on national games throughout the season, including the Stanley Cup Playoffs, Winter Classic, and Stadium Series.
The story of Kalshi has had endless rejection.
Whether it's the government, media, or Wall St, we have often been perceived as renegades.
Yet, most important things in history were rejected... until they got accepted.
Today, the NHL has accepted prediction markets.
— #Tarek Mansour (#@mansourtarek_)
1:23 PM • Oct 22, 2025
“Teaming up with the NHL is an important milestone for Kalshi and the industry at large,” said Tarek Mansour, CEO of Kalshi. “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 during our time pioneering this asset class.”
“It should be clear now, prediction markets are here to stay,” Mansour added.
Legal NHL event trading in all 50 states
The partnership reinforces Kalshi’s core commitment to fairness, transparency, and federal oversight.
Every trade on Kalshi reflects real-time shifts in supply and demand, expressing the collective judgment of market participants.
Regulated by the Commodity Futures Trading Commission (CFTC), the same agency that oversees U.S. futures exchanges, Kalshi operates legally in all 50 states and U.S. territories.
A new presence on the ice
With Digitally Enhanced Dasherboards and blue line virtual signage, Kalshi will appear across national broadcasts throughout the season.
It marks a new chapter for a company that started with rainfall and travel markets and now stands beside one of the most established sports leagues in the world.
For Kalshi, this partnership is more than a sponsorship. It is validation that prediction markets have become an integral part of how people engage with real-world events. They are no longer experimental. They are part of the game.
Follow Kalshi on X: @Kalshi
This is not financial advice. Trading on Kalshi involves risk and may not be appropriate for all. Members risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on Kalshi is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Information is provided for convenience only on an "AS IS" basis. Past performance is not necessarily indicative of future results. Kalshi is subject to U.S. regulatory oversight by the CFTC.