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Prediction markets allowed bets on the outcomes of scripted TV shows like "Euphoria," with significant amounts wagered on character fates before the finales. These markets, which treat event outcomes as derivatives rather than gambling, raise concerns about spoilers, insider trading, and potential harm to entertainment revenue. Experts warn that leaking information for insider trading is a real risk, as these markets can predict show endings before they air, potentially diminishing viewer interest and harming the industry. Regulatory measures and restrictions on betting on already completed events could help mitigate these issues.
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