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.
“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.”
March is Problem Gambling Awareness Month — Help Raise Awareness of Resources to Combat Problem Gambling
The Arizona Department of Gaming (ADG), Division of Problem Gambling (DPG), in collaboration with the National Council of Problem Gambling (NCPG), recognizes March as Problem Gambling Awareness Month. 2024 marks the 21st anniversary of Problem Gambling Awareness Month. “Problem gambling is a serious addiction that affects an estimated two percent of adults and five percent of youth in Arizona,” said Katie Hobbs, Arizona Governor. “That is why I have issued a proclamation announcing March 2024 as Arizona Problem Gambling Awareness Month — through education and outreach, we can spread the word and support those in Arizona who may suffer from problem gambling by getting them the help they need.”
Problem gambling is defined as all gambling behavior patterns that compromise, disrupt or damage personal, family, or vocational pursuits. Approximately 2 million U.S. adults (1% of the population) are estimated to meet criteria for severe problem gambling. Another 4 to 6 million (2-3%) meet the criteria for mild or moderate problem gambling.
This year, DPG will be hosting the 16th Annual Symposium on Problem Gambling. With the theme, “A Closer Look at Problem Gambling in Arizona Through Diverse Populations,” this year’s symposium will be taking a closer look at problem gambling and how it relates to other behavioral health topics and the research and experience of diverse populations.
“There is great importance in bringing together innovators, leaders, and decision makers in person, going beyond virtual interactions,” said Jackie Johnson, ADG CEO. “Our goal is that our conference provides an opportunity for meaningful discussions, sharing of leading best practices, and strategic collaborations essential to our organization’s mission and objectives.”
Problem Gambling Awareness Month is designed to coincide each year with March Madness, during which Americans are expected to wager over $3 billion. For the majority of adults, gambling can be a fun and entertaining experience, but there are risks involved. Sports bettors are at a particularly high-risk for developing a gambling problem. According to the National Survey on Gambling Attitudes and Gambling Experiences 2.0, 4 out of 5 sports bettors reported often needing to gamble more to get the same feeling of excitement.
“We are more than grateful that Arizona Governor Katie Hobbs has once again proclaimed March as Arizona Problem Gambling Awareness Month,” said Elise Mikkelsen, Director of DPG. “We know the disparities in both access to services as well as treatment outcomes have become increasingly evident for individuals from historically underrepresented communities and we want you to know that you are not alone. By utilizing DPG’s free, 24/7 confidential helpline or visiting our website, those in the state can take the next step and access information and resources critical in addressing a problem with gambling.” The Arizona Department of Gaming is not the only State agency that works to alleviate problem gambling.
“The Arizona Lottery recognizes that gambling addiction can affect anyone regardless of age, gender, or socioeconomic status,” said Arizona Lottery CEO Alec Thomson. “We are committed to doing our part to promote responsible gaming by raising awareness on the signs of problem gambling and providing resources to help those who may struggle with a gambling problem.” To date, the Lottery has provided $5.7 million to ADG to contribute to effective statewide problem gambling prevention, treatment, and education programs.
If you or someone you know has a gambling problem, DPG urges you to get help now by calling 1-800-NEXT-STEP (1.800.639.8783), DPG’s confidential helpline, texting “NEXTSTEP” to 53342, or utilizing a chat feature on the DPG website. DPG’s helpline provides confidentiality and connects callers with a master’s level counselor who can connect them with available resources, including statewide treatment providers who specialize in problem gambling. The helpline is available 24/7 to everyone facing a problem with gambling – individuals and affected family members, friends or co-workers.
PlayStar partners with Enteractive for reactivation campaigns
Enteractive, the leader in player conversion and reactivation services, has been engaged by PlayStar, the community-focused online casino that’s currently making waves across the U.S, to support their existing CRM services with bespoke reactivation campaigns aimed at winning back players from lapsed accounts for the sports betting brand.
At the core of the partnership, Enteractive will run activation projects for PlayStar’s brand, focusing on both activation of registered non-funded player accounts and reactivation campaigns to bring back lapsed players.
Jon Bowden, PlayStar CMO, commented, “We are thrilled to partner with Enteractive and their innovative approach to player engagement. The team’s expertise in both conversion and reactivation campaigns will help us maximise our NGR and enhance the player experience for audiences.”
Enteractive is the industry leader in player conversion and reactivation with 15 years experience talking one-on-one with millions of players around the world, having formed in 2008, and is recognised as one of the top revenue generators globally for the iGaming sector.
Enteractive’s proprietary (Re)Activation Cloud technology platform allows a fast and seamless integration of selected player databases, with native-speaking sales agents able to engage with players in each market with real-human one-to-one outreach by phone.
Andrew Foster, Enteractive CBO, added, “Our primary goal is to facilitate direct communication between iGaming companies and their players using genuine one-on-one interactions. With the aid of our highly skilled team of local U.S. call agents, we are certain that PlayStar can increase their results in player conversions and reactivations.”
Enteractive’s native-speaking call agents support iGaming brands across every time zone. In the last year, Enteractive engaged with over 8.1million players, generating over €59 million for global operators, from almost €263million in deposits.
Foster concluded, “Brands that wish to improve their players’ experience and boost financial gains at the same time will find Enteractive’s sustainable, personalized approach the secret sauce they’ve been looking for!”
With native speaking call agents supporting iGaming brands across the globe, Enteractive converts more than 18,000 players per month for a variety of leading operators.
Fanatics Sportsbook Launches Today in New York
Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc, a global digital sports platform, launched the Fanatics Sportsbook today in New York. Sports fans living in and visiting New York will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics Sportsbook experience. New York marks the fifteenth state for the Fanatics Sportsbook.
In August 2023, Fanatics Betting and Gaming began acquiring the U.S. businesses of PointsBet and planning the migration of PointsBet customers to the Fanatics Sportsbook app. Today in New York, each PointsBet customer’s username, password, account balance, rewards points and responsible gaming settings will be automatically migrated to the Fanatics Sportsbook.
The Fanatics Sportsbook makes being a fan easy with fast signup, easy betting, transparent withdrawals and is disrupting the sports betting industry with the following new features:
- Building a better sportsbook: The Fanatics Sportsbook app was built natively on iOS and Android. The design, speed and quality of the navigation experience rival the sports betting apps in the market today that were not built specifically for iOS and Android.
- FanCash: The Fanatics Sportsbook is the only sportsbook where customers can earn up to 5% of the total of their bet in FanCash.
- Discover: Everything a customer cares about, including marquee games, key stats, trending bets, delivered straight to one location – the Discover feed.
- Search: The Fanatics Sportsbook offers industry-leading search functionality, including a search bar, recent searches, autocomplete, synonym/alias and deep linking. Customers can search easily for the bet they want and bet directly right from the search results.
Fanatics Betting and Gaming believes that responsible gaming is a core tenet and a part of the organization’s DNA. Online customers will have access to Responsible Gaming tools to manage their time and money alongside a best in class Help Center, chat experience and knowledgeable agents with 24/7 coverage.
To download images and videos of the Fanatics Sportsbook, visit the Fanatics Media Center and for more news and information, follow us on the Fanatics Sportsbook social channels on X and on Instagram .
Must be 21+. Gambling Problem? Call 1-877-8-HOPENY or text HOPENY (467369)
- March is Problem Gambling Awareness Month — Help Raise Awareness of Resources to Combat Problem Gambling
- American themed slots are increasingly popular
- 1/ST Announces $25 Million on the Line with Introduction of New Racing Series Linking Preakness 149, The California Crown and 2025 Pegasus World Cup
- EvenBet Gaming expands presence in Latin America with Betplay launch
- MGM Resorts & BetMGM Strengthen Relationship with Kindbridge
- Betfred USA Partners with U.S. Integrity
- Hard Rock International Unveils “WE ARE” Initiative with Director, Actress and Activist Eva Longoria and Charity Partners for International Women’s Month
- Altenar Boosts LatAm Presence with Uruguay Office
- NJ Attorney General Platkin Announces the Retirement of Division of Gaming Enforcement Director David Rebuck
- PRAGMATIC PLAY AND ECUABET SEAL BINGO PARTNERSHIP EXTENSION
- Clark County residents can bring a friend for free to Super Bingo $160,000 tournaments at the Plaza Hotel & Casino in March and April
- Scientific Games Testifies at Maryland House Ways and Means Hearing in Support of Proposed iLottery Legislation
- The Edge Interviews Steve Bittenbender: Discusses Sports Betting in Georgia, Alabama and Missouri
- SBC Summit Rio: An Exploration of the Dynamic Brazilian Landscape
- Gaming Americas Q1 2024 Meetup: Balancing Slot Mechanics and the US Legislation Roundup
Gambling in the USA7 days ago
TIPICO SPORTSBOOK UNVEILS ITS “FAIR PLAY PLEDGE”, SETTING A NEW INDUSTRY STANDARD WITH SAFETY AND CLARITY AT THE FOREFRONT OF ITS BUSINESS
Canada6 days ago
Push Gaming and NEO.bet roll out Ontario deal
Compliance Updates3 days ago
Scientific Games Testifies at Maryland House Ways and Means Hearing in Support of Proposed iLottery Legislation
Compliance Updates3 days ago
Jaime Rivera Emmanuelli, Former Executive Director of the Puerto Rico Gaming Commission, Joins Saiber LLC
Latest News4 days ago
Where does the Sport of Kings fit into the Brazilian market?
Latest News3 days ago
Clark County residents can bring a friend for free to Super Bingo $160,000 tournaments at the Plaza Hotel & Casino in March and April
Press Releases5 days ago
“Playing at home”, Salsa showcases its solutions at SBC Summit Rio for the regulated market in Brazil
Gambling in the USA3 days ago
PlayStar partners with Enteractive for reactivation campaigns