Federal regulators have given the go ahead to the Cantor Exchange, one of two online futures markets that would allow the public to wager real money on box-office results of Hollywood films, according to the Associated Press. The Commodity Futures Trading Commission gave their approval to the exchange on Monday, two weeks after a second market, Media Derivatives’ Trend Exchange, also got the green light. But hold onto your credit cards and your box-office hunches for now. Both markets face an uphill battle later this week when legislation banning the trading on box-office tallies goes before congress as part of a broader financial regulation vote. As the markets have made their way through the regulatory process over the past few months, both the six major Hollywood studios and the MPAA have come out strongly against them. Stay tuned….
Posted June 28 2010 — 6:42 PM EDT
- EXCLUSIVE VIDEO: 'Deadpool' star Ryan Reynolds reveals when he feels his sexiest
- Brenda Strong compares her 'Desperate Housewives' and 'The 100' characters
- See Arcade Fire's David Bowie tribute parade
- EXCLUSIVE VIDEO: Ryan Reynolds’ daughter had cutest reaction to Super Bowl ad
- Get your first look at 'The Flash'-'Supergirl’ crossover
- EXCLUSIVE VIDEO: Ryan Reynolds wants 9 daughters
- 'Scandal' star Bellamy Young talks Mellie's presidential chances
- 30 Exclusive First Look Photos at the New Wizarding World of Harry Potter
- This Is What the Grammys Looked Like in 1996
- 'Beautiful Girls': Where Are They Now?
- 15 Musicians Who Banned Candidates From Using Their Songs
- See '90s Stars at the 1996 'Broken Arrow' Premiere
- 35 Tom Hiddleston Photos For His 35th Birthday