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 ...

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 ...

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 ...

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 ...

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.

House Bill 1405 proposed by Rep. Robert Rita could soon see betting exchanges go live in the state of Illinois, allowing sports bettors to wager against one another. Only one other state — New Jersey ...

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 ...

— -- There are no immediate plans for Patent No. 0125691. The description contains plain words like "computer," "real-time" and "online." Figure 2, an accompanying diagram, shows the system's ...

BetDEX, a nascent sports betting exchange founded by three former FanDuel executives, has raised $21 million in a seed funding round. The company’s founders are Nigel Eccles, who cofounded FanDuel in ...