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LA restaurant group used 60,000 dollar Kalshi trade to hedge Dodgers playoff risk

  • LA restaurant group used 60,000 dollar Kalshi trade to hedge Dodgers playoff risk — Reuters reported October 16 that a Los Angeles hospitality group operating 25 bars used a 60,000 dollar Kalshi trade against the Dodgers advancing to offset revenue lost when the team failed to reach the World Series. Kalshi said the position returned nearly twice the original stake. (Reuters)

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