Canada
PROPHET EXCHANGE CONTINUES DEVELOPMENT OF FOUNDATIONAL STRATEGIC ADVISORY GROUP WITH APPOINTMENT OF JOE PETA TO BOARD OF ADVISORS
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).
Bojoko.ca
Bojoko.ca Celebrates Record-breaking Month in October 2024
Bojoko.ca, a leading online casino comparison site in Canada, has announced its best-ever performance since launching in 2021. October 2024 marked a new milestone for the platform, recording the highest number of First Time Depositors (FTDs) and the most significant commission earnings in its history.
The number of FTDs surged with 35% growth from what was already the all-time best result in September. This achievement cements Bojoko.ca’s position as a trusted leader in the Canadian iGaming industry, providing users with transparent and user-centric resources for finding the best online casino experiences.
In addition to the record-breaking FTDs, Bojoko.ca saw its highest-ever monthly commissions, underscoring the platform’s exceptional performance and the trust it has built with users and partners.
Joonas Karhu, CEO of Bojoko, said: “This is a proud moment for Bojoko.ca and the entire team. Since launching in 2021, our mission has been to empower our users to discover safe casinos that match their criteria, and this record-breaking month demonstrates that we have earned the trust of Canadian players. We could not be more excited and are more committed than ever to raising the bar in the iGaming industry.”
Awager
awager Partners with Loto-Québec to Launch Advanced Live-Stream Slot Solution
awager’s live-stream solution brings physical slot machine games online, delivering an authentic casino experience remotely. Today, awager proudly announces the launch of its latest product version with Loto-Québec. Building on two successful years with awager’s second product version, this latest release introduces an advanced solution that brings the realism of the casino floor to players’ devices, offering an even more immersive experience through awager’s enhanced technology.
This product launch features awager’s unique “Casino-in-Casino” solution, part of a suite of offerings designed to deliver real-time, physical casino experience. A dedicated studio has been built on the Casino de Montréal floor.
This product version aims to bring the most authentic online casino experience yet. With a multitude of camera angles, real-time player engagement, full machine interaction, 4K video streaming with minimal lag, and full sound capture, players can enjoy an immersive session that captures the spirit of the casino. Additionally, a 3D video simulation was created, allowing players to “walk through” the Casino de Montréal when they enter the awager lobby, providing a true-to-life ambience for a realistic experience.
This launch strengthens a partnership with Loto-Québec that began in 2022, when awager’s second product version first captivated players. With its third version now live, awager and Loto-Québec are set to continue their successful collaboration, elevating digital casino gaming for players across Québec.
Warren Steven, GM of North America for awager: We are proud to work alongside Loto-Québec and to provide the province’s players with the most advanced and exciting casino technology on the market.
We truly believe that the third version of our product is the most innovative yet and that there is nothing else quite like it on the market. It immerses players in the online casino environment and provides a unique experience, blurring the line between land-based and online casino action.
The Canadian market is a key strategic market for awager in North America, and it is a privilege to work alongside Loto-Québec and provide its customers with this exciting new experience.
François Hardy, Senior Director of Products and Innovation at Loto-Québec: At Loto-Québec, we are always looking for new and exciting ways to entertain our players. We want to be able to provide them with the latest technology and gaming on the market. Awager’s product perfectly aligns with this vision, enabling us to provide a refreshing and dynamic experience to our players.
Canada
ComeOn Group adds sportsbook to its offering in Ontario
ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
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