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Hollywood studios bar staff from betting on prediction markets with inside information

NewsFeeds update

Hollywood studios and production companies are barring employees from using inside information to bet on prediction markets, covering earnings, casting and release dates, and at least one firm set up an anonymous hotline. Penske Media updated its handbook, and Kalshi said a MrBeast editor made about $5,000 and was fined $20,000.

RegulationOdailyAINeutral

Read the original on Odaily

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Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.