{"id":4218,"date":"2026-09-09T23:22:58","date_gmt":"2026-09-09T23:22:58","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=4218"},"modified":"2026-09-09T23:22:58","modified_gmt":"2026-09-09T23:22:58","slug":"prediction-markets-spend-big-on-celebrity-campaigns-even-as-sydney-sweeney-and-lebron-james-ads-stir-backlash","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=4218","title":{"rendered":"Prediction markets spend big on celebrity campaigns even as Sydney Sweeney and LeBron James ads stir backlash"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/09\/GettyImages-2270322336-e1788986199328.jpg?w=2048\" \/><\/p>\n<p>Prediction markets are splurging on ad campaigns featuring A-listers\u2014and the approach is starting to rankle some observers. On Wednesday, sports trading platform Novig released a video of actress Sydney Sweeney appearing nearly nude while promoting the company\u2019s sports-only offering ahead of the NFL season opener. The advertisement swiftly drew scrutiny of prediction markets\u2019 marketing tactics and efforts to increase user engagement on their platforms.<\/p>\n<div>\n<p class=\"wp-block-paragraph\">The advertisement came a day after Polymarket enlisted basketball star LeBron James for a star-packed football-season commercial featuring other prominent athletes, including Eli Manning and Derek Jeter, along with entertainment figures such as filmmaker Spike Lee and model Emily Ratajkowski.<\/p>\n<p class=\"wp-block-paragraph\">\u201cSelling gambling by selling sex. Society is crumbling before our eyes,\u201d one user wrote of Novig\u2019s promotion.<\/p>\n<p class=\"wp-block-paragraph\">\u201cDamn, I can\u2019t believe LeBron is a sellout now,\u201d another user wrote in response to Polymarket\u2019s ad.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">LeBron&#8217;s Polymarket deal knocks him out of GOAT contention. The title stays with Michael Jordan, a man untainted by the allure of sports gambling.<\/p>\n<p>\u2014 Joe Wrote (@joewrote) September 9, 2026<\/p><\/blockquote>\n<p><span\/><\/p>\n<p class=\"wp-block-paragraph\">The celebrity advertising push comes as prediction markets expand rapidly across the United States, despite a contentious legal and regulatory fight. The platforms let users buy and sell contracts on outcomes ranging from sports and politics to pop culture, often with just a few clicks. Their rapid growth has intensified scrutiny over whether sports-related contracts should be treated as federally regulated financial products or gambling under state law.<\/p>\n<p class=\"wp-block-paragraph\">To sustain that momentum, prediction market companies are pouring money into high-profile marketing campaigns. Kalshi and Polymarket\u2014two of the sector\u2019s largest players, each valued at roughly $20 billion\u2014have spent heavily to recruit celebrities to promote their platforms. Because sports-related contracts account for a large share of activity on their platforms, the companies have timed major campaigns around the start of major sports seasons.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">In the lead-up to the World Cup, soccer\u2019s biggest international tournament, Kalshi ran ads featuring Argentina captain Lionel Messi alongside teammates Nicol\u00e1s Otamendi and Rodrigo De Paul as part of a commercial partnership with the country\u2019s national football federation. The platform also featured Luka Modri\u0107, captain of Croatia\u2019s national team, in a separate campaign.<\/p>\n<p class=\"wp-block-paragraph\">Before that, Kalshi also enlisted Oscar-nominated actor Timoth\u00e9e Chalamet for a series of ads set in mundane places, including a dentist\u2019s office and a music store.<\/p>\n<p class=\"wp-block-paragraph\">The marketing push comes as prediction markets confront mounting uncertainty over their legal future. In August, the Ninth Circuit ruled that Nevada could enforce its gambling laws against Kalshi\u2019s sports-event contracts, rejecting the company\u2019s argument that federal commodities law preempted state oversight.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">With appellate courts now divided, the dispute over who gets to regulate the fast-growing industry could reach the Supreme Court as early as next year.<\/p>\n<\/div>\n<p>#Prediction #markets #spend #big #celebrity #campaigns #Sydney #Sweeney #LeBron #James #ads #stir #backlash<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prediction markets are splurgi&hellip; <\/p>\n","protected":false},"author":1,"featured_media":4219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[514,857,237,7164,7163,1009,982,977,981,166,983,872,7167,7166,7165],"class_list":["post-4218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-ads","tag-backlash","tag-big","tag-campaigns","tag-celebrity","tag-cryptocurrency","tag-james","tag-kalshi","tag-lebron","tag-markets","tag-prediction","tag-spend","tag-stir","tag-sweeney","tag-sydney"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - 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