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Polymarket and Kalshi Say Influencer Joins forces with Can’t Deny Election Results, Actually

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LOS ANGELES  CA  JUNE 02 Los Angeles mayoral candidate Spencer Pratt speaks to the media outside of a election night.

As the United States heads into an especially contentious midterm election season, prediction markets have already run into trouble with the political commentators they pay to promote their platforms.

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Summary

As conservative former reality television star Spencer Pratt fell to third place behind incumbent Karen Bass and city counselor Nithya Raman, several popular right-wing creators published posts casting doubt on the race. The company does not publicly disclose its contracts with paid partners, but Kalshi’s rules specifically ban affiliates from questioning the integrity or accuracy of official election results and legal rulings made in connection with elections. Polymarket, meanwhile, has asked two creators to remove paid-partnership tags from posts critical of the election results, including a post from right-wing influencer Benny Johnson suggesting the reason Raman’s odds had improved in Polymarket was because “the public has so little faith in California’s elections that they assume Democrats are going to dramatically rig it.

“Our existing marketing guidelines explicitly prohibit affiliates from providing misleading or false information, and we will continue to monitor and ensure compliance with our paid contributors,” Olivia Chalos, Polymarket’s deputy chief legal officer, told WIRED in a statement.

Read full article at Wired →

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