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The Jeffrey

Coverage of The Jeffrey in the Nexus archive.

Earliest in view: Jun 2 · 17:46 UTCMost recent: Jun 2 · 17:46 UTC
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  • BUSINESSJun 2 · 17:46 UTCSEMAFOR
    Hedging a $15,000 New York Knicks bar tab on Kalshi

    Andrew Freedman, owner of The Jeffrey, bet $5,000 on Kalshi to hedge potential losses from a free-drinks promotion tied to the New York Knicks winning the NBA Finals. Kalshi suggested the hedge after a prior promotion cost Freedman $3,700, and crypto firm Galaxy Digital separately made a $10 million wager on Kalshi.

The Jeffrey · Dossier · The Nexus