Connect with us

Canada

Prophet Exchange recruits from Caesars, Compass and Action Network ahead of New Jersey launch

Published

on

 

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.”

Powered by WPeMatico

Continue Reading
Advertisement

Canada

St8 expands Octoplay aggregation deal to Ontario and the UK

Published

on

st8-expands-octoplay-aggregation-deal-to-ontario-and-the-uk

St8 has extended its content partnership with Octoplay into Ontario and the UK, expanding distribution of Octoplay’s casino games in two regulated markets. The companies announced the move on 2 July, 2026.

Under the expanded agreement, St8 will make Octoplay’s full portfolio available to operators in both jurisdictions through St8’s single API integration.

David Fall, Business Development Manager at St8, said:

“Expanding our partnership with Octoplay into Ontario and the UK is another important milestone as we continue to strengthen our aggregation platform with premium content from leading suppliers.

“Octoplay has built an excellent reputation for developing engaging, high-performing games, and we’re delighted to extend this collaboration into two highly strategic regulated markets. This agreement enables our operator partners to access even more quality content through a single integration while supporting their growth in competitive jurisdictions.”

Ralitsa Georgieva, CEO at Octoplay added:

“We’re pleased to expand our partnership with St8 into Ontario and the UK, making our full portfolio available to even more operators through its aggregation platform. St8 has established itself as a trusted technology partner for regulated markets, and we look forward to building on our successful collaboration together.”

The post St8 expands Octoplay aggregation deal to Ontario and the UK appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Canada

St8 extends Octoplay partnership into Ontario and the UK

Published

on

st8-extends-octoplay-partnership-into-ontario-and-the-uk

Casino games aggregator and full-service technology provider St8 has expanded its partnership with Octoplay into Ontario and the UK, further strengthening its premium content offering across two of the industry’s most important regulated markets.

Through the extended agreement, St8 will make Octoplay’s full portfolio of casino games available to operators in both jurisdictions, providing partners with seamless access to the supplier’s high-quality content through its single API integration.

The expansion builds on the successful relationship between the two companies and reflects St8’s continued commitment to providing operators with access to leading game providers across regulated markets. By broadening the availability of Octoplay’s portfolio, St8 further enhances the depth and diversity of content available to its operator network.

Octoplay has quickly established itself as one of the industry’s most innovative and fastest growing game studios, recognised for delivering engaging titles that combine premium gameplay with strong player appeal which are now available across 17 jurisdictions. The supplier’s focus on quality and performance aligns closely with St8’s mission to simplify content aggregation while helping operators deliver exceptional gaming experiences.

The latest agreement reinforces St8’s strategy of expanding its premium content portfolio while helping operators simplify integration, accelerate market entry and deliver engaging gaming experiences across multiple regulated jurisdictions.

David Fall, Business Development Manager at St8, said: “Expanding our partnership with Octoplay into Ontario and the UK is another important milestone as we continue to strengthen our aggregation platform with premium content from leading suppliers.

“Octoplay has built an excellent reputation for developing engaging, high-performing games, and we’re delighted to extend this collaboration into two highly strategic regulated markets. This agreement enables our operator partners to access even more quality content through a single integration while supporting their growth in competitive jurisdictions.”

Ralitsa Georgieva, CEO at Octoplay added: “We’re pleased to expand our partnership with St8 into Ontario and the UK, making our full portfolio available to even more operators through its aggregation platform. St8 has established itself as a trusted technology partner for regulated markets, and we look forward to building on our successful collaboration together.”

The post St8 extends Octoplay partnership into Ontario and the UK appeared first on Americas iGaming & Sports Betting News.

Continue Reading

AGCO

AGCO Fines Great Canadian Entertainment $120,000 for Using Unauthorised Gaming System Software at Four Casinos

Published

on

agco-fines-great-canadian-entertainment-$120,000-for-using-unauthorised-gaming-system-software-at-four-casinos

 

The Alcohol and Gaming Commission of Ontario (AGCO) has ordered monetary penalties totalling $120,000 against Great Canadian Entertainment (GCE) for using unauthorided gaming system software at multiple Ontario casino sites, a serious compliance failure that bypassed requirements designed to protect the integrity of casino gaming.

Gaming equipment and systems are central to casino operations. They process payments and wagers, support slot-game play and help maintain controls that protect the integrity, safety and security of the gaming environment. When these systems are used or operated without required testing, monitoring and approval, it weakens safeguards designed to detect and prevent unlawful conduct, including money laundering, and can undermine public confidence in Ontario’s regulated casino sector.

The AGCO reviewed 40 instances in which revoked or unapproved bill validator software had been installed across four casino sites between February 20 and March 15, 2025. Bill validators are components within gaming machines that accept and process cash and help support anti-money laundering controls.

The AGCO’s Standards for Gaming require gaming equipment and software to be tested and approved before being deployed in casinos. Bill validators verify the authenticity and value of cash inserted into electronic gaming machines and are an important safeguard. That is why these systems must undergo rigorous testing and approval to confirm they operate as intended, perform critical functions reliably and are authorised before being introduced into a live casino environment.

Casino operators are responsible for ensuring that changes to gaming systems are properly reviewed, tested and authorised before implementation. Using unapproved software in a live casino environment is a serious compliance failure.

A casino operator served with an Order of Monetary Penalty has the right to appeal the Registrar’s action within 15 days to the Licence Appeal Tribunal (LAT), an adjudicative body that is part of Tribunals Ontario and independent of the AGCO.

“The AGCO requires casino operators to protect the integrity of their gaming systems by making sure they are independently tested, approved and operating as intended. When unauthorised software is used in a live casino environment, it bypasses critical safeguards that are meant to uphold the integrity of gaming and the public’s confidence in the system. The AGCO will continue to hold all casino operators accountable for meeting Ontario’s high standards of gaming system integrity,” said Dr. Karin Schnarr, Registrar and Chief Executive Officer at AGCO.

The post AGCO Fines Great Canadian Entertainment $120,000 for Using Unauthorised Gaming System Software at Four Casinos appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania