Polymarket announced on 29 September that it had appointed former Goldman Sachs partner Lisa Mantil as head of institutional growth. The company said she will work with non-retail clients, including banks, corporate entities, fund managers and trading firms.
The appointment adds a named lead for Polymarket’s work with institutional clients.
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Polymarket has removed its chief marketing officer amid an investigation into promotional practices, according to the report. The report says the investigation followed findings that betting videos had been staged without clear disclosures.
An investigation by the Wall Street Journal found staged betting videos without transparent disclosures, the report says.
OpenBet is promoting its president to replace chief executive Jordan Levin. The outlet also reported CEO changes at SciPlay, part of Light & Wonder.
Polymarket has recruited its first chief financial officer, citing Bloomberg. SBC Americas also reported the departure of Bally’s chief financial officer.
Reportedly, Polymarket hired a former Uber vice-president as chief growth officer. The appointment comes as Polymarket expands its US operations.
France Football has opened an investigation into suspicious betting patterns around the Ballon d’Or, reportedly, and said French police would also be involved. The report says 12 Polymarket accounts wagered a combined $264,000 on the final top-five ranking, while seven accounts bet only on that event.
The organisation has opened an official probe into the suspicious betting patterns. French police are to take part in the inquiry as well. France Football has promised to establish whether any parties bear responsibility. Its position is that the winners were chosen through a vote run independently.