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 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
You're currently following this author!
Want to unfollow? Unsubscribe via the link in your email.

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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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…

The New York Knicks are in the NBA finals for the first time since 1999. The playoff run has led to increased revenue for local…

It’ll be a delight to have you, and we’ve got room for everyone.