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A Place to Bet Real Money on Movies

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BECAUSE THERE AREN'T ENOUGH REGULAR WAYS TO LOSE MONEY
"Cantor Futures Exchange, a subsidiary of Cantor Fitzgerald, expects to open an online futures market next month that will allow studios, institutions and moviegoers to place bets on the box-office revenue of Hollywood’s biggest releases," according to the New York Times. “I’ve worked in the futures industry for a long time,” said Richard Jaycobs, the president of Cantor Exchange, who has worked with derivative markets and the cotton exchange. “And none of the products has the overall appeal that this does. This just has a tremendous potential audience.”
SOURCE:   New York Times

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