Canada
PROPHET EXCHANGE EXPANDS TO OHIO TO BRING BENEFITS OF EXCHANGE BETTING ACROSS U.S.
Prophet Exchange’s launch last month in New Jersey was the first step in revolutionizing the sports betting experience in the U.S.; its imminent arrival in Ohio takes it one step further.
Using Prophet Exchange—the first peer-to-peer exchange of its kind in the United States— bettors in Ohio will benefit from better odds and bigger profits than they would experience at traditional sportsbooks. It already has the best odds in New Jersey, and is set to bring their superior price advantage to Ohio.
Sports betting in Ohio officially begins on January 1, 2023, with Prophet Exchange aiming to offer bettors a superior alternative to existing U.S. operators in the first half of 2023. Prophet Exchange will mark its arrival in the Buckeye State with a partnership with the Columbus Blue Jackets.
Prophet Exchange acts as an intermediary while taking on no risk, and simply allows users to set prices, or place bets on prices already set by other users. Prophet Exchange does not add margin or vig to its odds and sets no limits to wagers, as long as customers have a counterparty to match their bet. The exchange then passes this unique benefit directly to the customer, by offering better prices.
For instance, on Monday Night Football in Week 4, Prophet Exchange was offering the Rams at +116 and the 49ers at -117, while Sportsbooks had the Rams at +105 and 49ers at -125. This is just one example of many highlighting the superior prices on Prophet Exchange as opposed to a traditional operator.
In addition to offering unbeatable prices on NFL games, Prophet Exchange offers moneyline, spread and total markets for NBA, NHL, MLB and NCAA Football & Basketball games.
“After our hugely successful debut in our home state of New Jersey, we are thrilled to bring the exchange betting model to Ohio,” says Prophet Exchange Co-Founder and CEO Dean Sisun. “Although commonplace in markets like the UK, exchange betting is a brand new concept in the United States—and our expansion is another big step in our mission to become the mainstream sports betting platform in the country.”
Prophet Exchange launched in New Jersey in August 2022, making an immediate impact by offering customers better prices on every team in the opening weeks of the NFL season.
“Ohio is set to become one of the biggest sports betting markets in the nation, so we are delighted that bettors will be able to take advantage of our superior pricing in the new year,” says Prophet Exchange Co-Founder and COO Jake Benzaquen. “We’re also very excited to partner with the Columbus Blue Jackets, whose major league pedigree will bring greater attention to exchange betting, and help Ohio bettors make more money from their wagers than they would with traditional sportsbooks.”
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Internet Gaming Operator by the Alcohol and Gaming Commission of Ontario (AGCO).
This significant milestone authorizes absolutebet to offer regulated iGaming services in Ontario’s legal market under the oversight of AGCO and iGaming Ontario (iGO).
The registration marks a key step in absolutebet’s mission to bring a trusted, responsible, and innovative online casino experience to Ontario players. absolutebet is committed to operating with integrity and transparency, meeting all provincial standards for player protection, responsible gambling, anti-money laundering, and game integrity.
“Securing AGCO registration is more than a milestone—it’s the start of absolutebet’s journey in one of the most exciting regulated markets in the world,” said Chen Truman, Founder of absolutebet. “We are building a brand that will grow with the Ontario community and set the stage for future expansion.”
On the regulatory milestone, Krisztina Kalla, Legal & Regulatory Compliance Advisor of absolutebet, commented: “I’m incredibly proud to see all the hard work behind this license pay off. Securing AGCO registration has taken months of preparation and close collaboration with regulators and partners. I am very happy to see the result of that work, and even more excited as we move into the launch phase and open up the absolutebet community to Ontario players in a fun and responsible way.”
Ontario is recognized as one of the most competitive and fast-growing regulated iGaming markets in North America. With AGCO registration secured, absolutebet will move forward with the final stages of its iGO onboarding process in preparation for launch.
The post absolutebet Secures AGCO Registration as an Internet Gaming Operator in Ontario appeared first on Gaming and Gambling Industry in the Americas.
Alex Malchenko Head of Sales at Evoplay
Evoplay strengthens Ontario presence in partnership with Caesars Entertainment
Evoplay, the award-winning game development studio, has partnered with Caesars Entertainment to expand its footprint in the Canadian market, following its initial entry earlier this year. The partnership integrates 20 of the studio’s top-performing titles onto Caesars Palace Online Casino, Horseshoe Online Casino and Caesars Sportsbook & Casino in Ontario, including fan-favourites such as Hot Triple Sevens, Triple Chili, and The Greatest Catch Bonus Buy.
Having announced its official entrance into Ontario in March, the collaboration with Caesars marks a significant step in Evoplay’s local strategy. Further standout releases, such as Inner Fire Bonus Buy and Hot Volcano, also launched as part of the initial package, with additional player favourites, including Fruit Nova and Ice Mania.
The collaboration underlines Evoplay’s commitment to working with leading operators to deliver high-quality content tailored to regional audiences.
Alex Malchenko, Head of Sales at Evoplay, said: “Launching with Caesars in Ontario marks a key milestone in our North American strategy.
“It reflects both the strength of our portfolio and our commitment to providing innovative, high-performing content to operators of the highest caliber.”
Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Digital, said: “Evoplay brings a fresh and dynamic approach to online gaming, which we’re excited to offer to our players in Ontario. This portfolio of standout titles adds to our growing content library and furthering our ongoing goal of delivering top-tier entertainment experiences to our players.”
The post Evoplay strengthens Ontario presence in partnership with Caesars Entertainment appeared first on Gaming and Gambling Industry in the Americas.
The iGaming Ontario Board of Directors has announced Joseph Hillier as the organization’s new President and Chief Executive Officer, effective September 8, 2025. Joseph’s depth in the Ontario igaming market combined with successful public and private sector careers make him the ideal President and CEO at this critical point in iGaming Ontario’s growth.
Joseph was most recently Chief Strategy Officer and Corporate Secretary at the Alcohol and Gaming Commission of Ontario (AGCO), where he delivered significant strategic and regulatory initiatives across the province’s alcohol, cannabis, gaming, and horse racing sectors. Prior to the AGCO, he served as Chief of Staff to Ontario Attorney General Hon. Doug Downey and led the development, launch and implementation of Canada’s first private sector-driven igaming market and the creation of iGaming Ontario. Joseph also spent more than a decade working in the financial and legal services sectors.
The Board expressed its sincere thanks to David Smith for serving as Interim President and Chief Executive Officer since Martha Otton’s retirement.
The post iGaming Ontario Appoints Joseph Hillier as its New President and CEO appeared first on Gaming and Gambling Industry in the Americas.
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