Canada
Prophet Exchange recruits from Caesars, Compass and Action Network ahead of New Jersey launch
Prophet Exchange, the New Jersey-based peer-to-peer sports betting exchange, has today announced several new hires as it builds towards its much anticipated launch in The Garden State. Prophet Exchange will be the first U.S. sports betting operator enabling peer-to-peer betting, which gives users the ability to name their own price. Following its market access agreement with Caesars Entertainment in 2021, Prophet is on track to launch in New Jersey this summer.
Prophet Exchange has hired Matt Stolarz as Director of Technical Product. Matt has been a Software Engineer for over a decade and brings a ton of Sports Gambling industry experience with him. Prior to joining Prophet Exchange, Matt was a Senior Software Engineer at Caesars Entertainment. Leading up to Caesars’ acquisition of William Hill in 2021, Matt was also a Senior Software Engineer at William Hill, where he and his team were responsible for launching the sportsbook in New Jersey and expanding it across the nation.
“I am beyond excited to join Prophet Exchange to help guide and build the first and best sports betting exchange product in the United States,” said Matt Stolartz. “I am also looking forward to working alongside a brilliant and talented team of fellow sports betting industry experts. You couldn’t dream up a better product or a better team to come into.”
Prophet has also hired Zhifeng Shi as Director of Software Engineering. Previously, Zhifeng built large scale data ingestion pipelines in 1010DATA to provide business insights into near real-time data for industry leaders, including the New York Stock Exchange. Most recently, Zhifeng was a Software Engineer at Compass, where he was pivotal, joining the company in its early stages. His team designed and built an end-to-end transaction management platform from scratch within 8 months, and the platform is already powering more than 6% of annual U.S. real estate transactions since its initial release less than a year ago.
“I am very excited to have the opportunity to join Prophet to work with the product and engineering teams and to build the most reliable and trustable platforms to power the next revolution in U.S. Sports Betting,” Zhifeng Shi said. “I am looking forward to being a part of Prophet’s challenging and exciting journeys ahead.”
Additionally, Prophet has hired Casey Halpern as Director of Social Media & Content. Casey joins from Action Network, where he managed and oversaw their social media channels. Casey has a wealth of experience working in the sports media industry as a producer and researcher for NBC’s Football Night in America for the past five NFL seasons, where he was nominated for multiple Emmy awards. Casey has an extended history working with athletes and media personalities on their content, and building their social media profiles and audiences.
“I am thrilled to join Prophet Exchange,” said Casey Halpern. “This is an incredible opportunity to help scale an important and innovative product that will be the first of its kind in the U.S.
“I firmly believe that Prophet Exchange will solve a plethora of problems that everyday sports bettors currently face. I am looking forward to the exciting, yet challenging times ahead as we build a best-in-class Sports Betting Exchange.”
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.
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)
BCLC
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.
The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.
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