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Major Hollywood Studios Reportedly Ban Employees From Using Prediction Markets

(2 hours ago) · 1 source · Summarized by CryptoBipto

Several major Hollywood studios have reportedly introduced internal policies prohibiting their staff from placing bets on prediction markets. The bans appear to target markets where employees could wager on entertainment industry outcomes, such as box office performance or award show results, where they might have insider knowledge.

WHY IT MATTERS

Prediction markets are platforms where people bet real money on whether something will happen — like whether a movie will earn over $100 million or which film will win Best Picture.

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SOURCES

  • decrypt.co

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