NHL Deal With Kalshi, Polymarket Adds to Pressure on Sports-Betting Companies

The Wall Street JournalWednesday, October 22, 2025 at 11:00:00 AM
NHL Deal With Kalshi, Polymarket Adds to Pressure on Sports-Betting Companies
The NHL has made a groundbreaking licensing agreement with Kalshi and Polymarket, marking the first partnership of its kind between a major U.S. professional sports league and prediction markets. This deal is significant as it not only legitimizes the growing trend of sports betting but also puts pressure on traditional sports-betting companies to innovate and adapt to changing consumer preferences. As the landscape of sports betting evolves, this agreement could pave the way for more collaborations in the future.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Dollar Rises as Oil Prices Rally, Yen Falls
PositiveFinancial Markets
The dollar has strengthened as oil prices surged following the U.S. sanctions on Russian companies, signaling a robust response to geopolitical tensions. This development is significant as it reflects the U.S. economy's resilience and could influence global markets. Meanwhile, the yen has weakened as investors anticipate more relaxed fiscal and monetary policies in Japan, which could lead to further shifts in currency dynamics.
Sodexo forecasts slower revenue growth in 2026 on US challenges
NegativeFinancial Markets
Sodexo has announced that it expects slower revenue growth in 2026, primarily due to challenges in the US market. This forecast raises concerns about the company's ability to maintain its growth trajectory amidst increasing competition and economic pressures. Investors and stakeholders will be closely monitoring how Sodexo navigates these challenges and what strategies it will implement to adapt to the changing landscape.
Huhtamaki reports in-line Q3 results as flexible packaging offsets US weakness
PositiveFinancial Markets
Huhtamaki has reported solid Q3 results, showcasing resilience in its flexible packaging segment, which has successfully offset weaknesses in the US market. This is significant as it highlights the company's ability to adapt and thrive despite regional challenges, indicating strong demand for its products and a positive outlook for future growth.
India's Russian Oil Flows Said to Plunge after US Sanctions | Insight with Haslinda Amin 10/23/2025
NegativeFinancial Markets
India's oil imports from Russia are expected to decline significantly following new sanctions imposed by the United States. This development is crucial as it could impact India's energy security and its economic ties with Russia, which have been strengthening in recent years. The sanctions reflect ongoing geopolitical tensions and may lead to shifts in global oil markets, affecting prices and availability for consumers.
Asian markets retreat as US weighs new trade curbs on China
NegativeFinancial Markets
Asian markets are experiencing a downturn as the United States considers implementing new trade restrictions on China. This development is significant because it could further strain the already tense economic relationship between the two largest economies in the world, potentially impacting global trade and economic stability.
US Sanctions on Russian Oil Giants Send Shockwaves Across China
NegativeFinancial Markets
The recent US sanctions on Russian oil giants are causing significant disruptions in China's oil industry, impacting both state and private refiners. These companies are now under increased pressure to maintain their supply chains while avoiding potential penalties. This situation is crucial as it highlights the interconnectedness of global energy markets and the challenges faced by countries reliant on Russian oil, ultimately affecting energy prices and availability in the region.
India’s Russian oil imports set to drop to near zero after US curbs - Bloomberg
NegativeFinancial Markets
India's imports of Russian oil are expected to plummet to nearly zero due to new restrictions imposed by the United States. This significant shift in India's energy sourcing is crucial as it highlights the geopolitical tensions surrounding energy supplies and the impact of international sanctions. The reduction in Russian oil imports could lead to increased energy costs for India and affect its energy security, making it a critical development for both the Indian economy and global oil markets.
India’s Tata Tech to hire more locals in US as Trump cracks down on immigration
PositiveFinancial Markets
Tata Tech, a prominent Indian technology company, is set to increase its hiring of local talent in the United States amidst stricter immigration policies introduced by the Trump administration. This move not only reflects Tata's commitment to contributing to the local economy but also highlights the growing trend of companies adapting to changing immigration laws. By prioritizing local hires, Tata Tech aims to strengthen its workforce and foster community relations, which is crucial in today's competitive job market.
Latest from Financial Markets
Beiersdorf lowers sales outlook as Nivea brand struggles
NegativeFinancial Markets
Beiersdorf has recently adjusted its sales outlook downward due to challenges faced by its Nivea brand. This is significant as Nivea is one of the company's flagship products, and its struggles could indicate broader issues in the skincare market. Investors and consumers alike will be watching closely to see how Beiersdorf plans to address these challenges and whether it can regain its footing in a competitive landscape.
MTU Aero Engines beats profit estimates on commercial demand
PositiveFinancial Markets
MTU Aero Engines has exceeded profit expectations, driven by strong commercial demand in the aviation sector. This positive performance highlights the company's resilience and adaptability in a recovering market, showcasing its ability to capitalize on increasing air travel and aircraft production. Such results not only boost investor confidence but also signal a promising outlook for the aerospace industry as a whole.
Dollar Rises as Oil Prices Rally, Yen Falls
PositiveFinancial Markets
The dollar has strengthened as oil prices surged following the U.S. sanctions on Russian companies, signaling a robust response to geopolitical tensions. This development is significant as it reflects the U.S. economy's resilience and could influence global markets. Meanwhile, the yen has weakened as investors anticipate more relaxed fiscal and monetary policies in Japan, which could lead to further shifts in currency dynamics.
Sodexo forecasts slower revenue growth in 2026 on US challenges
NegativeFinancial Markets
Sodexo has announced that it expects slower revenue growth in 2026, primarily due to challenges in the US market. This forecast raises concerns about the company's ability to maintain its growth trajectory amidst increasing competition and economic pressures. Investors and stakeholders will be closely monitoring how Sodexo navigates these challenges and what strategies it will implement to adapt to the changing landscape.
Heineken lays out plan to grow beer sales, cut costs
PositiveFinancial Markets
Heineken has unveiled an ambitious plan aimed at boosting its beer sales while simultaneously cutting costs. This strategy is significant as it reflects the company's commitment to adapting to market demands and enhancing profitability. By focusing on efficiency and growth, Heineken is positioning itself to better compete in the global beverage market, which is crucial for its long-term success.
Huhtamaki reports in-line Q3 results as flexible packaging offsets US weakness
PositiveFinancial Markets
Huhtamaki has reported solid Q3 results, showcasing resilience in its flexible packaging segment, which has successfully offset weaknesses in the US market. This is significant as it highlights the company's ability to adapt and thrive despite regional challenges, indicating strong demand for its products and a positive outlook for future growth.