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PROPHET EXCHANGE CONTINUES DEVELOPMENT OF FOUNDATIONAL STRATEGIC ADVISORY GROUP WITH APPOINTMENT OF JOE PETA TO BOARD OF ADVISORS

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Amazon #1 Bestselling Author and Sports Betting Industry Expert Peta Adds Extensive Business Experience to Prophet in Advisory Capacity

Prophet Exchange, the first pure peer-to-peer U.S. sports betting exchange, announced today the continued growth of its strategic advisory group with the appointment of book author and industry expert Joe Peta to its board of advisors.

“We are pleased to welcome Joe to Prophet Exchange’s Strategic Advisory Group,” commented Dean Sisun, CEO and Co-founder of Prophet Exchange. “Joe’s massive knowledge, experience and accomplishments make him a trustworthy guide in the space. He understands what the recreational user would like to see on our platform, how they’d like to bet and how market makers make money, operate and ultimately trade on an exchange. Joe will bring a wealth of business development skills and acumen that will be hugely advantageous for our group.”

“While embedded in Las Vegas for the 2012 baseball season writing Trading Bases, I realized the sports betting business model had the potential to be much friendlier to the bettor and much bigger overall as an industry — if it took some cues from financial markets where I’d watched similar tweaks result in exponential growth,” added Joe Peta. “As soon as I met Dean and Jake [Benzaquen – COO and Co-founder] at Prophet Exchange, I knew they were doing something to make those changes a reality and my only question was “how can I help?””

Peta, author of data-driven Amazon #1 Bestseller in the categories of Baseball, Stock Market Investing and Gambling “Trading Bases: How a Wall Street Trader Made a Fortune Betting on Baseball” (2014), and “A 2019 Masters Preview” (2019), most recently worked as Head of Performance Analytics for Point72 (2019-2021), a global asset manager, where he conducted breakthrough research on predictive returns of portfolio managers.

Peta’s experience also includes roles with Kingsford Capital Management (2015-2019) as Director of Marketing and Trading, Managing Director at portfolio intelligence platform SEI Novus Partners, Inc. (2013-2015), Co-Head of Technology Trader at global financial services group Nomura (2010-2011), Electronic Trading Analyst at USB Investment Bank (2008-2010) and Head Trader with Lehman Brothers Holdings Inc., where he led biotech trading on Lehman’s NASDAQ desk for more than 12 years (1996-2008).

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LuckyStart Casino Adds New Payment Method

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LuckyStart Casino has announced the addition of a new payment method – Interac – available for all players in Canada, in order to make it easier for their customers to fund their account balance and cash out their winnings quickly.

The brand is aware of the popularity of this payment method amongst Canadian players, and hence, it has decided to add it and enable flexible deposit and withdrawal limits, in order to be considered as the best Interac casino in Canada, especially since the brand is also releasing Interac-exclusive bonuses and promotions.

Furthermore, LuckyStart has announced flexible limits for deposits and withdrawals, to make it easier for players to fund their account balance and cash out their winnings, offering instant approval and same-day processing, which are traits that LuckyStart believes are going to position it as the best Interac casino in Canada.

LuckyStart now supports Interac on the desktop and mobile website, offers exclusive bonuses for Interac bonuses, as well as instant withdrawals, and unrestricted access to their catalog of 5000+ real money games.

LuckyStart believes there is no better way to celebrate an accomplishment in the online gambling world than by launching new bonuses and promotions. That’s why the brand has released a new welcome bonus package for all players who deposit via Interac, as LuckyStart envisions becoming the best Interac casino in Canada.

This new welcome bonus package available for all Interact deposits rewards players with up to $4800 in free bonus money across their first 4 deposits, along with 400 Free Spins. When compared to the welcome packages offered by other Interact casinos, LuckyStart stands out with the biggest offer currently available.

The post LuckyStart Casino Adds New Payment Method appeared first on Gaming and Gambling Industry in the Americas.

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Alcohol and Gaming Commission of Ontario

Titanplay Re-launches in Ontario

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Titanplay, a fully licensed and regulated online gaming platform by the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario (iGO), announced its official re-launch in the Canadian province. This strategic re-entry introduces a refreshed experience tailored to Ontario’s dynamic audience of online casino players and sports bettors.

The re-launch marks a new chapter for Titanplay, with significant upgrades to its casino and sportsbook. Designed for Ontario residents, the new platform delivers a secure and compliant online gaming environment to casual players, strategic bettors, and high rollers alike.

Titanplay now offers an expanded library of certified casino games, including popular slots, live dealer tables, and exclusive titles from leading industry providers. The integrated sportsbook provides real-time odds and wide-ranging markets – from NHL and NBA to international soccer, tennis, and more. Players can enjoy faster performance, improved mobile access, and responsible gaming tools aligned with Ontario’s regulations, whether they prefer placing bets or spinning the reels.

The Titanplay’s platform is optimized for both desktop and mobile devices, offering seamless navigation and secure transactions. The 24/7 customer support, intuitive account management, and localized payment options round out the updated user experience.

Operating within Ontario’s regulated iGaming framework, Titanplay adheres strictly to all AGCO and iGO compliance requirements. This re-launch is more than just a platform update; it’s a commitment to local Ontario players who deserve fairness, choice, responsible gaming environment, data protection, and accountability from their gaming provider.

Titanplay is now live and accepting registrations across Ontario. Players must be 19 years of age or older and reside within the province to access the platform.

The post Titanplay Re-launches in Ontario appeared first on Gaming and Gambling Industry in the Americas.

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AGCO takes action to remove unapproved gambling machines from Ontario convenience stores

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The Alcohol and Gaming Commission of Ontario (AGCO) is continuing its efforts to combat unregulated gambling and protect the public. As part of these efforts, the AGCO took steps this week to revoke the lottery seller registrations of a number of retailers in the GTA that were found to be offering unapproved electronic gambling machines under the Prime Slot brand.

The AGCO regulates all gambling in the province of Ontario to ensure gambling products and gaming sites are held to high standards of game integrity, player safety, and the protection of minors and vulnerable individuals.

Over the past decade, unregulated gaming machines have increasingly proliferated across North America. While they largely rely on chance like traditional slot machines, manufacturers have claimed they are games of skill and have installed terminals in convenience stores and other locations where gaming machines would otherwise be prohibited.

The AGCO will continue to take every action within its authority to protect the public against the risks that these unregulated machines pose – particularly in locations easily accessible to children and youth.

A registered lottery seller served with a Notice of Proposed Order to revoke their registration has the right to appeal the AGCO’s action within 15 days to the Licence Appeal Tribunal (LAT), an adjudicative tribunal that is part of Tribunals Ontario and independent of the AGCO.

“Unapproved gambling machines have no business being in convenience stores or other locations, particularly those that are available to children and youth. ” – Dr. Karin Schnarr, Chief Executive Officer and Registrar, AGCO

Background:

Under Section 10(b) of the Gaming Control Act, the Registrar shall refuse to register an applicant as a supplier or to renew the registration of an applicant as a supplier if there are reasonable grounds to believe that the applicant will not act as a supplier in accordance with law, or with integrity, honesty, or in the public interest.

Under Section 12 of the Gaming Control Act, the Registrar may propose to suspend or to revoke a registration for any reason that would disentitle the registrant to registration or renewal of registration under section 10 if the registrant were an applicant.

The post AGCO takes action to remove unapproved gambling machines from Ontario convenience stores appeared first on Gaming and Gambling Industry in the Americas.

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