Hollywood snubs proposed betting on ticket sales

Thursday, April 1, 2010 14:02
Posted in category Uncategorized

A sales person sits in a box office at the El Capitan Theatre in Los Angeles, Wednesday, March 31, 2010. The proposals the U.S. Commodity Futures Trading Commission are expected to rule on this month would let movie fans, industry executives and speculators bet on expected box office receipts. (AP Photo/Jae C. Hong)

(AP) — Think you’re better than Hollywood at gauging whether an upcoming flick will be a box office bomb or a sleeper hit? You’d get a chance to put your money behind that under two proposals that movie studios are denouncing as legalized gambling.

©2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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