$143M in Suspicious Bets Raises Prediction Market Concerns in Hollywood

Entertainment companies have taken a rather unusual decision to tighten restrictions on prediction market trading , issuing clear warnings to employees using confidential information or sharing it with others. Those who do not comply with the new restrictions could risk their jobs, the companies’ warnings say. They Have It in Writing The fact that prediction markets have expanded well beyond politics and sports is no surprise, as they allow users to wager on everything from major political decisions to celebrity appearances and upcoming movie releases.

Source: GamblingNews