# Prediction markets are now ‘bespoke insurance’ for businesses, and a Los Angeles restaurant group’s $60,000 hedge on Kalshi is the latest example

- Source: Fortune
- Published: 2026-10-19T20:41:17+00:00
- Category: Business
- Original: https://fortune.com/2026/10/19/prediction-markets-insurance-risk-management-kalshi-dodgers-world-series/
- Canonical: https://groundlevelnews.com/story/prediction-markets-are-now-bespoke-insurance-for-businesses-and-a-los--5af671/

One unnamed hospitality group placed a $60,000 trade on Kalshi to offset missed revenue from the Dodgers’ failure to advance to the World Series, according to the platform.

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune._