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The Boundaries and Future of Sports Betting Transactions: Sporttrade CEO Discusses Prediction Markets, Regulatory Games, and Tribal Roles

The Boundaries and Future of Sports Betting Transactions: Sporttrade CEO Discusses Prediction Markets, Regulatory Games, and Tribal Roles

Alex Kane, CEO of Sporttrade, deeply explored the integration of prediction markets and sports betting from a philosophical perspective in a recent webinar, highlighting the potential strategic role of tribes in this field. He analyzed the emerging field with a gentle yet sharp perspective, noting t

30like·0comment05-27
The founder of Sporttrade stated that innovation is necessary to maximize the expansion of the US betting market.

The founder of Sporttrade stated that innovation is necessary to maximize the expansion of the US betting market.

Sporttrade CEO suggests linking tax rates to operator hold percentages as a potential idea for achieving fair competition.In the ninth paragraph of an open letter to US sports betting regulators and legislators, Sporttrade founder and CEO Alex Kane summarizes his mission statement in two sentences:"

30like·0comment03-21
Alex Kane (Sporttrade). U.S. sports betting as a true marketplace

Alex Kane (Sporttrade). U.S. sports betting as a true marketplace

This firm has just launched in Virginia, its fifth state, and it’s now focusing on the product and making it as intuitive as possible. By Damian Martinez, journalist at G&M News. As the leader of a growing company, what are the biggest challenges you’ve faced in building Sporttrade, and how have

0like·0comment2024-11-01
Virginia: Sporttrade continues expansion with launch in state

Virginia: Sporttrade continues expansion with launch in state

Philadelphia sports betting and exchange betting system operator Sporttrade has launched its online sports betting product in Virginia, available for iOS players through the Apple App Store with approval from the Virginia Lottery, which it got this year.“We are incredibly proud to keep the fall 2024

0like·0comment2024-10-25
Sporttrade goes live in Virginia, its fifth state in the US

Sporttrade goes live in Virginia, its fifth state in the US

Philadelphia-based sports betting operator Sporttrade announced Thursday that its Sporttrade iOS App is now live in Virginia, its fifth state. The company says it will offer "a differentiated experience" to players in the Old Dominion, including better prices at higher limits. "We are incredibly pro

0like·0comment2024-10-25
Sporttrade app goes live in Virginia

Sporttrade app goes live in Virginia

Philadelphia-based sports betting operator Sporttrade has launched this iOS app in its fifth state, Virginia. Players can place their bets immediately through iOS, and there are plans to launch it on Android later this year. "We are incredibly proud to keep the Fall 2024 momentum going with our l

0like·0comment2024-10-25
Sporttrade secures strategic investment from SIGSports Analytics to enhance U.S. sports betting market

Sporttrade secures strategic investment from SIGSports Analytics to enhance U.S. sports betting market

Philadelphia-based sports betting operator Sporttrade Inc. has announced the addition of SIG Sports Investments Corp. (SIGSports Analytics) as a strategic investor. The partnership is expected to significantly bolster Sporttrade’s market presence by providing liquidity and improved pricing across va

0like·0comment2024-10-07
Sporttrade launches mobile sports betting in Arizona

Sporttrade launches mobile sports betting in Arizona

Sporttrade announced Thursday that it had gone live for mobile sports betting in Arizona, the fourth state where the betting exchange platform is accepting wagers.It was a fast turnaround to launch for Sporttrade, which is tethered to the Quechan Indian Tribe of the Fort Yuma Indian Reservation. The

0like·0comment2024-10-01
Sporttrade app goes live in Arizona, its fourth state in the US

Sporttrade app goes live in Arizona, its fourth state in the US

Philadelphia-based sports betting operator Sporttrade announced that its app is now live in Arizona, its fourth state in the US. Sporttrade launched the app in the state, along with strategic partner Quechan Tribe of the Fort Yuma Indian Reservation, California & Arizona, and notes that it will

0like·0comment2024-09-30
Sporttrade and Plannatech secure Arizona event betting licenses

Sporttrade and Plannatech secure Arizona event betting licenses

The Arizona Department of Gaming (ADoG) has issued two gaming licenses for tribe-related events. Sporttrade, which currently operates in Iowa, New Jersey and Colorado, and UK-based Plannatech are now approved to offer digital betting. Both companies will have strong ties to the tribe. Sp

0like·0comment2024-08-07

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