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PROPHET CONFIRMS NEW JERSEY HEADQUARTERS

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Peer-To-Peer Sports Betting Exchange Launching Fall, 2021 Announces Headquarters In New Jersey; CEO and Cofounder Dean Sisun Speaks To Company Culture Ahead Of Consumer Launch For NFL and College Football Season, 2021

Prophet, the first pure peer-to-peer U.S. sports betting exchange has announced the establishment of the company’s headquarters in Hoboken, New Jersey, the epicenter of the fast-growing U.S. sports betting market. Prophet’s headquarters will be home to the company’s leadership and operational teams, supplemented by additional staff working remotely worldwide, enabling Prophet to attract and employ a diverse, highly skilled and experienced team in each of its core business areas.

“The establishment of our headquarters in New Jersey is another important building block in the development of Prophet ahead of our full consumer launch in Fall, 2021,” commented CEO and Cofounder Dean Sisun. “New Jersey has solidified itself as the new home of sports betting in the USA, thus making it the natural place for us to have our headquarters. The physical space we will occupy in Hoboken provides us with the opportunity to build the company culture we want to create at the heart of our business.

“Over the coming weeks, we will be announcing a range of significant new hires to all levels of our team,” Sisun continued. “We are bringing in experienced, creative, passionate people from some of the biggest names in the global sports betting industry who are energized by what we are building at Prophet, and who are all focused on helping us achieve our targets. Most of those new hires will be based in New Jersey, while others will work with us remotely from different parts of the world. This mix gives us the chance to employ the very best people in the business globally, irrespective of geography, and at the heart of our team will be the creative, innovative culture that will define who we are, and which will help guide the development of Prophet for years to come.

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“Developing the right culture will be a key foundation for the long-term success of Prophet,” Sisun explained. “Prophet is a unique peer-to-peer sports betting exchange – our users will be able to set their own odds, take advantage of even (+100) odds on spread and total markets as well as drastically better odds on moneyline markets, and have no limits on their action. This is truly a one-of-a-kind sports betting marketplace, and we want our business to be fueled by a culture that recognizes and supports the unique position we have and our ability to offer such an attractive product to our users. Our team will be comprised of sports bettors building and operating the best product for sports bettors.”

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Bally Bet Sportsbook & Casino app

Bally’s Interactive Launches the New Bally Bet Sportsbook & Casino App in Ontario

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Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, has launched the all-new Bally Bet Sportsbook & Casino app in Ontario, Canada. This latest release marks another significant milestone for the company, following the recent app update in New Jersey and a series of successful app launches in the past year, including the introduction of Bally Bet Sportsbook across multiple states and Bally Casino in Rhode Island.

The updated Bally Bet Sportsbook & Casino app represents a major step forward, as it combines the functionalities of the existing Bally Casino app and Bally Bet Sportsbook app into one comprehensive platform. Powered by White Hat Gaming, this new app allows players residing in or traveling to Ontario to conveniently place wagers on both sports and casino games using a single app, account, and universal wallet.

“We are thrilled to introduce the new Bally Bet Sportsbook & Casino app, marking a significant milestone for Bally’s. This integrated platform merges the features of our previous apps, providing players in Ontario with a seamless experience for both sports and casino betting. Our commitment to enhancing the player experience remains at the forefront as we strive to personalize the enjoyment of playing Bally Bet,” said Robeson Reeves, CEO of Bally’s Corporation.

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BCLC

Be #GiftSmart: Scratch the Idea of Gifting Scratch & Win Tickets to Kids

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BCLC reminds adults to gift responsibly this holiday season

With the holiday season in full swing, BCLC is reminding British Columbians to gift responsibly and scratch lottery products from their shopping lists for kids.

“Scratch & Win tickets can make great stocking stuffers for the adults in your life, but they’re not for kids,” said Ryan McCarthy, BCLC’s Director of Player Health. “The research shows that children who have early encounters with gambling are four times more likely to develop riskier gambling behaviour as they grow up. While people are out shopping for those last-minute gifts, BCLC wants adults to be aware of the potential risks associated with gifting lottery products to children and to consider safer alternatives.”

While Scratch & Win tickets are among the most common ways kids can be introduced to gambling, children are increasingly exposed to various online forms, such as gambling streams.

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“With the convergence of gaming and gambling, youth are becoming more exposed to gambling content in online spaces like streaming sites, where creators are able to live-stream their own gambling, usually while playing online slots and instant games,” said Dr. Luke Clark, Director for Gambling Research at UBC. “Our research at the UBC Centre for Gambling shows that a higher frequency of watching online gambling streams is associated with a more positive attitude towards gambling and a high intention to gamble in the future.”

In B.C., it is illegal to sell lottery products to anyone under the age of 19 and BCLC encourages adults to have conversations with the kids in their lives about the risks associated with gambling.

“Open and honest conversations are crucial when it comes to navigating childhood exposure to gambling,” said McCarthy, who shared the following tips to adults:

  • Monitor for gambling-related lifestyle changes. For example, developing a positive attitude towards gambling or a preoccupation with video games or streaming sites.
  • Be a positive role model. Exhibit safer gambling behaviour and talk about the risks.
  • Limit exposure. Monitor kids’ online activities and discourage engagement with gambling content. Explain how gambling is based on chance.
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AGCO

Jackpot Digital Receives Approval from AGCO as a Registered Gaming Supplier

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Jackpot Digital Inc., a leading provider of innovative dealerless electronic poker gaming solutions, has announced that the Alcohol and Gaming Commission of Ontario (AGCO) has approved the Company to be licensed as a registered Gaming Related-Supplier (the “Supplier License”) under the Gaming Control Act in the Province of Ontario.

This significant achievement allows Jackpot Digital to enter one of the most dynamic and rapidly growing regulated gaming markets in North America. The Supplier License authorizes Jackpot Digital to supply its electronic table games to Ontario’s gaming venues, including casinos and other regulated gaming facilities.

Jackpot Digital’s flagship product, the Jackpot Blitz electronic table game system, offers a modern, dealerless, player-friendly solution that integrates traditional multiplayer poker games with cutting-edge digital technology. The Supplier License will enable the Company to offer its innovative gaming solutions to operators throughout Ontario, driving new revenue opportunities and enhancing player experiences.

“Receiving AGCO’s approval is a major milestone. This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets. We are excited to bring our innovative products to Ontario’s gaming community and continue our commitment to providing exciting, technology-driven entertainment experiences,” said Jake Kalpakian, CEO of Jackpot Digital.

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