This summer, the New Jersey Division of Gaming Enforcement approved betting exchanges Prophet Exchange and Sporttrade. The companies, which are both led by 20-something founders, launched in September in New Jersey, becoming the first regulated sports betting exchanges in the United States.

New Jersey-based peer-to-peer sports betting operator Prophet Exchange has strengthened its product and content teams with three new hires ahead of its launch later this year.

In the middle of a chaotic week — perhaps the biggest in company history up until this point — preparations are moving toward a Prophet Exchange launch in New Jersey.

There’s exciting news for sports bettors in New Jersey as the first peer-to-peer sports betting exchange in the US, Prophet, announced it opened pre-registration for customers ahead of the exchange launch.

Peer-to-peer US sports betting exchange Prophet has appointed three senior sports betting, igaming and gambling experts to VP roles in marketing, operations and strategy this week.

Companies continue to desire a piece of the NJ sports betting pie, even more than three years following its 2018 launch. The current app count stands at 19. Don’t be surprised if five or more brands launch in time for the 2021 NFL betting season.