Hollywood Studios Ban Employees From Betting on Kalshi and Polymarket

A growing wave of insider betting concerns has forced Hollywood studios to restrict employee wagers on prediction markets. Hollywood studios and production companies are tightening restrictions on employee betting through prediction markets such as Kalshi and Polymarket. Despite the tighter restrictions, there are concerns that Hollywood studios face a steep mountain to climb regarding the enforcement of the rules. According to a report by The Hollywood Reporter, companies are now rolling out guidelines prohibiting employees from betting on industry developments they may know about through their jobs.