ESPN Warns Talent About Insider Betting on Prediction Markets
The guidelines were sent to on-camera talent at the end of October.
ESPN has updated its guidelines regarding insider betting for its on-air talent, specifically addressing the use of prediction markets. Last week, the network circulated a memo to its employees, which detailed the rules for social media posts, political commentary, and sports betting, aligning with the high political tensions before the midterm elections.
The memo emphasized that talent should not bet on sports news where they possess non-public information due to their job at ESPN, such as on prediction markets like Polymarket. While Polymarket is mentioned, Kalshi is not specifically named in the document. The memo serves as an update to a policy from 2023, which prohibited ESPN talents from using, disclosing, or providing access to non-public information for any betting purposes, including influencing others or betting on games they cover.
ESPN did not comment on the memo. This policy update is a new addition to the guidelines that have been in place since the launch of ESPNBet, a now-defunct platform.
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- ESPN Warns Talent About Insider Betting on Prediction Markets frontofficesports.com
