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Tag Archives: Sporttrade

US – Sporttrade launches first and only regulated sports trading platform in New Jersey

Sporttrade, a Philadelphia-based sports betting technology company, has officially launched its sports betting exchange in New Jersey. This positions Sporttrade as the first and only dynamic sports trading marketplace in the United States. Eligible customers can use Sporttrade to trade in and out of positions on sports outcomes much like they would trade stocks, options or cryptocurrencies. Sporttrade,…

US – Sporttrade to expand in Indiana and Louisiana with Penn and Caesars

Sporttrade’s strategic partnerships with Penn National Gaming in Louisiana and Caesars Entertainment in Indiana will expand Sporttrade’s differentiated sports betting exchange platform to be accessible to eligible participants within the specified states starting in 2023. “We are incredibly humbled to be partnering with two of the most recognized Gaming leaders to bring our differentiated sports…

US – XPoint and Sporttrade enter geolocation partnership

Xpoint has penned a partnership with Sporttrade that will see its geolocation technology embedded within all Sporttrade digital platforms, ensuring all transactions made by Sporttrade customers adhere strictly to state and federal regulations. Founded in 2019, with U.S. offices in Miami led by Xpoint’s CEO and Co-Founder, Marvin Sanderson, Xpoint provides geolocation security solutions and…

US – Sporttrade to use Nasdaq technology for integrity monitoring

Nasdaq and Sporttrade, a Philadelphia-based fintech, sports betting company, announced today that Sporttrade will leverage Nasdaq technology for surveillance of its sports betting and trading platform. Founded in 2018, Sporttrade was built to advance the sports betting industry by utilizing exchange technology and processes to enhance and democratize the traditional betting experience. Sporttrade’s open trading…

US – Sporttrade raises $36m to revolutionise sports betting

Sporttrade, a Philadelphia-based fintech, sports betting company, has raised $36m in funding, which it will use to ‘revolutionise gaming by following the playbook of the US capital markets and democratize the customer experience, while offering a secure and technologically advanced platform.’ The coalition of investors from both the financial and gaming industries include lead investor…

US – Sporttrade launches first US betting platform to leverage stock exchange technology

Sporttrade, a Philadelphia-based sports betting platform, has launched sporttrade.com, introducing the gaming world to an unrivaled entrant with a unique perspective and mission. Established in 2019, Sporttrade utilises proven exchange technology and processes and applies them to sports betting, aimed at enhancing and democratizing the entire industry. Sporttrade will allow participants to trade sporting events…

US – Sporttrade and Twin River to offer online sports betting exchange in New Jersey

Sporttrade, a Philadelphia-based sports betting startup has entered into a multi-year partnership with Twin River Worldwide Holdings. The partnership will lead to the launch of Sporttrade’s proprietary sports betting exchange product in the state of New Jersey, pending Twin River obtaining the necessary regulatory approvals to complete its acquisition of Bally’s – Atlantic City. Upon…