News
Hollywood studios ban employees from betting on prediction markets
Hollywood studios and production companies have begun issuing internal guidelines that prohibit employees from placing bets on prediction markets. The Hollywood Reporter said the rules bar staff from wagering on studio earnings, casting decisions, release dates, and from sharing insider information with friends or family. At least one studio has set up an anonymous hotline for reporting suspected betting, and Penske Media updated its handbook to include bans on bets related to award nominations and production timelines. The bans extend traditional insider‑trading prohibitions to platforms such as Kalshi and Polymarket, though enforcement may be difficult.