HOBOKEN, N.J.--(BUSINESS WIRE)--Prophet Exchange, the first fully regulated, peer-to-peer high-frequency sports betting exchange in the United States, has proudly announced a new line of funding to ...

Chris Schef, executive vice president of Thoroughbred Racing Associations, said the U.S. racing industry can't afford to allow Internet betting exchanges to continue to infringe illegally, and ...

What is a Betting Exchange and how do they work? As sports betting options in the US expand, so do the interests of bettors. One of the most common questions for newcomers is, “What is a sports ...

The company that launched the first betting exchange in the United States, Betfair US, believes its first year performance offers some encouraging trends for the industry. While acknowledging the ...

A legal sports betting exchange is drawing the interest of investors. Novig — a commission-free sports betting exchange — has closed a $6.4 million seed funding round ahead of its launch in Colorado ...

A betting exchange is marketplace that allows bettors to wager against each other at lower fees than those offered by a traditional sportsbook. Two customers agree on the odds and stake for a given ...

Hoboken-based Prophet Exchange, the nation’s first fully regulated, peer-to-peer high-frequency sports betting exchange, announced April 10 it secured more than $10 million in a new line of funding.

Betting exchange sites are slightly different from traditional betting sites, as they require punters to buy and sell based on the outcome of a sporting event. Buying is known as a ‘back bet’ while ...

Hoboken-based sports betting exchange Prophet inked a years-long market access agreement with gambling giant Caesars Entertainment – the owners of three New Jersey casinos – ahead of the 2021 football ...