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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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Thunderkick’s portfolio makes Ontario debut through SkillOnNet brands

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Global entertainment brand SkillOnNet is deepening its existing partnership with Stockholm-based game studio Thunderkick to launch the developer’s unique, engaging slot titles in Ontario.

The Canadian province is one of the most exciting regulated markets in North America, and the Ontario players will now gain access to Thunderkick’s full portfolio of highly acclaimed games via SkillOnNet-powered online casino brands such as PlayOJO, SlotsMagic, and SpinGenie.

Thunderkick is known for its independent, boundary-pushing slot games like Pink Elephants, Esqueleto Explosivo, and Beat the Beast and has established a strong reputation for creativity and originality in the iGaming space. The deal allows the studio to further expand its global footprint while giving Ontario players the chance to enjoy a fresh wave of premium content.

Ontario’s regulated online gaming market, which officially opened in 2022, has quickly become a key market for the iGaming industry, and SkillOnNet was among the first brands to secure licensing in the province. The expansion reinforces SkillOnNet’s commitment to delivering top-tier entertainment in regulated markets globally.

Jani Kontturi at SkillOnNet said: “Thunderkick has been a key partner of ours in other markets, and we’re delighted to bring their outstanding content to Ontario. This region is fast becoming a vital part of our operations, and we’re confident players here will respond just as positively to Thunderkick’s games as they have elsewhere.”

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Mariam Dodosh, Account Manager at Thunderkick said: “We’re thrilled to expand our relationship with SkillOnNet and enter the Ontario market together. Our games have a track record of strong performance, and we’re excited to see them go live in one of the most dynamic new regions in iGaming.”

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Maverick Games Launches Sports Betting Operations in Ontario

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Maverick Games has launched sports betting operations in Ontario, through a partnership with Delasport.

Maverick Games will offer Ontarian players a premium sports betting experience, built on Delasport’s superior technology and known for its unique innovative features that players love including personalization, recommendations, gamification, quick bets, player engagement features, and more.

Maverick Games is the second brand to launch on Delasport’s technology in Ontario, with another full turnkey brand set to go live soon. Delasport also recently unveiled its innovative sports betting jackpot network game, SuperPot. The company will showcase this unique product at the Canadian Gaming Summit next month and begin rolling it out to Ontarian operators shortly thereafter.

“We are proud to see Maverick Games live and thriving with our one of a kind sportsbook solution at its core. They have been a fantastic partner from the start, and this launch further demonstrates how fast and efficient our technology is when paired with a clear vision and strong collaboration,” said Rosaire Galea Cavallaro, VP of Business Development at Delasport.

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“Maverick Games’s sports vertical is a major step forward for us and launching it with Delasport has been the right move from day one. The platform’s performance and flexibility allow us to deliver the kind of user experience we believe Ontario players deserve. We’re excited to now bring that vision to life,” CEO Matt Rathbun said.

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Tsleil-Waututh Nation Signs MoU to Acquire Casino Business at Hastings Racecourse & Casino

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Tsleil-Waututh Nation (TWN) announced that it has signed a Memorandum of Understanding to acquire the casino business and related real property interests at Hastings Racecourse & Casino (Hastings) in the City of Vancouver from Great Canadian Gaming Corporation (Great Canadian Entertainment).

“We are thrilled to take another important step towards economic self-determination for our Nation in our traditional territory, and we are eager to work with the senior management team at Great Canadian Entertainment to finalize due diligence and execute a definitive agreement, as well as working with the City of Vancouver to ensure the best long-term use of this important asset within the City. We believe that this opportunity is historic for us in many ways, and we look forward to entering the gaming industry in due course,” said Jen Thomas, Chief of the Tsleil-Waututh Nation.

“We are excited about working with TWN on their potential acquisition of the casino operations and related real property interests at Hastings Racecourse & Casino. Recognizing that Hastings is part of the TWN’s traditional territory, we can think of no better entity to inherit this asset, and we look forward to supporting them in the transition after the anticipated close of the sale,” Matt Anfinson, Chief Executive Officer of Great Canadian Entertainment.

The agreement is subject to further due diligence, finalization of financial terms and the execution of a definitive purchase and sale agreement. Once a definitive agreement has been executed by the parties, it is anticipated that the transaction will be subject to customary closing conditions as well as customary approvals by gaming regulatory and other authorities, including certain approvals by the City of Vancouver given its ownership of the real property. It is expected that Great Canadian Entertainment will provide transition services to TWN for a period of time following the anticipated closing.

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The post Tsleil-Waututh Nation Signs MoU to Acquire Casino Business at Hastings Racecourse & Casino appeared first on Gaming and Gambling Industry in the Americas.

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