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Savvy ice cream shop owner makes 43% of monthly rent betting on weather: ‘If it rains, we still win’

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Savvy ice cream shop owner makes 43% of monthly rent betting on weather: ‘If it rains, we still win’
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Lifestyle Savvy ice cream shop owner makes 43% of monthly rent betting on weather: ‘If it rains, we still win’ By Faran Krentcil Published July 16, 2026, 8:08 p.m. ET See more of our coverage in your search results. Add The California Post on Google A California ice cream shop is freezing some assets — by placing bets on freezing weather.

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Lifestyle Savvy ice cream shop owner makes 43% of monthly rent betting on weather: ‘If it rains, we still win’ By Faran Krentcil Published July 16, 2026, 8:08 p.m. ET See more of our coverage in your search results. Add The California Post on Google A California ice cream shop is freezing some assets — by placing bets on freezing weather. 28wishes, a bougie independent ice cream parlor in downtown Los Angeles, has been gaining cash on Kalshi, the online “prediction market” app that lets users gamble on everything from political races to Met Gala looks. According to the shop’s owner, 37-year-old Jason Jiang, he’s been clearing up to $1,500 per month on the app by being bullish on cold snaps in Southern California.

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