DECRYPT · 2026-11-05 17:31 UTC

Hollywood Studios Quietly Ban Staff From Betting on Prediction Markets: Report

Hollywood studios and production companies have issued guidelines banning employees from betting on prediction markets like Kalshi and Polymarket, prohibiting wagers on studio earnings, casting decisions, and release dates. At least one company set up an anonymous hotline for reporting suspected employee bets; Penske Media updated its handbook with similar restrictions. Enforcement challenges exist due to blockchain anonymity, though federal prosecutors have charged individuals including a MrBeast video editor and a Google engineer with insider trading on prediction markets.

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