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 season, the two announced on July 12.
Under the agreement, Prophet is rolling out a peer-to-peer sports-wagering network called betprophet.co, which will be available in New Jersey this coming fall for the football season, both at the National Football League and college level.
Plans call for expanding to Indiana in 2022, according to the July 12 announcement. The company was founded in 2018 in New Jersey, and after operating out of the United Kingdom for several years “has brought their team and technology stateside to tackle the U.S. market.”
