A New York City bar is joining in the Knicks mania — offering free drinks to patrons, and hedging the risk on Kalshi.
An NYC bar promised free drinks if the Knicks win. Its owner is using Kalshi to hedge the risk.
By
Ben Shimkus
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A local bar on the Upper East Side is the first small business to hedge with Kalshi over a Knicks game on Wednesday.
Fortune is on scene at The Jeffrey, a small New York City bar that offered to cover everyone's tabs up to $100 if the Knicks…
A Manhattan bar is using Kalshi as an insurance policy for a free-drinks promotion. This is the future prediction markets want.
Fortune is on scene at The Jeffrey, a small New York City bar that offered to cover everyone's tabs up to $100 if the Knicks…
As crowds gathered outside Madison Square Garden, two viral fan moments drew scrutiny after it emerged both had prediction-market…
The Knicks’ NBA Finals run against the Spurs is doing something few things can in New York: Slow down Wall Street.
Kalshi wants small businesses to hedge like Wall Street. A NYC bar is trying it with Knicks promotion
This NYC bar just covered everyone's tabs because the Knicks won, and used Kalshi to hedge their bets | Fortune
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Live updates from the NYC bar that promised to cover everyone's tabs if the Knicks won, and used Kalshi to hedge the bet | Fortune
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