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News 2026-10-16 21:12 UTC

LA restaurant group used $60,000 Dodgers bet to hedge playoff risk, Kalshi says

Oct 16 (Reuters) — A Los Angeles hospitality group used a $60,000 trade on Kalshi to offset revenue lost after the Los Angeles Dodgers failed to reach the World Series, according to the prediction markets platform. Here are more details: The group, which operates 25 bars, many of them near the Dodger Stadium, made a $6