Canada
PROPHET EXCHANGE’S SUPERIOR PRICING SHINES THROUGH FIRST SEVEN WEEKS OF THE NFL SEASON
Prophet Exchange, the newly launched New Jersey-based peer-to-peer sports betting exchange, offered better pricing and odds than traditional sportsbooks, based on the average prices and odds on New Jersey-based sports wagering operators, for the first seven weeks of the 2022 NFL season.
A bettor who staked $100 on the Jets moneyline each week since the start of the season would have made $713.00, an 10.37% increase over a traditional sportsbook ($646.00). Similarly, a bettor who bet $100 on the Giants moneyline each week since the start of the season would have made $987.00, an 8.94% increase over a traditional sportsbook ($906.00). And a bettor who has backed the undefeated Philadelphia Eagles in each game up to their bye week will have taken home 10.9% more winnings on Prophet Exchange.
“We are excited to see our bettors reach this amplified level of payout using Prophet,” said Prophet Exchange CEO Dean Sisun. “By staking each week on these teams, they’re walking away with not only more of a profit, but the confidence that our peer-to-peer betting strategies are effective.”
“We are passionate not only for the continued success of our bettors but for the Giants, Jets, and Eagles to continue their winning ways as well. It’s a win-win all around,” said Sisun. “This is an exciting time for New Jersey bettors and their favorite teams.”
Prophet Exchange operates a peer-to-peer model—the first of its kind in the United States—and acts solely as an intermediary. This means it takes no risk, and simply allows users to set prices, or place bets on prices already set by other users. They offer moneyline, spread, and total markets for NFL, NBA, NHL, MLB, NCAA Football & Basketball games, and will continue to add new sports and markets as the platform scales.
The Prophet Exchange platform is available on iOS, Android, and web in New Jersey.
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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.
Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.
The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.
‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.
‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’
AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’
Stay tuned for registration details early next year.
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