Polymarket is paying US-based social media influencers to promote election betting on its site — despite the fact that federal regulators have banned Americans from wagering on the platform, according to a report.
Armand Saramout, Polymarket’s senior director of growth, sent overtures to popular social media influencers in September to sound them out about a sponsorship deal with the site, according to Bloomberg News.
Several influencers have posted content sponsored by Polymarket on their Instagram pages in recent weeks using the hashtag #PMPartner and #PolymarketPartner.
Polymarket is paying US-based influencers to promote election betting.
Social media influencers are promoting Polymarket on their pages.
Influencers are posting messages with the hashtag #Polymarketpartner.