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Sports
May 2, 2025
Sporttrade Aims for Historical Hybrid Status from CFTC
A new push by state-licensed sports betting platform Sporttrade could shake up how prediction markets are regulated in the U.S. Chief executive officer Alex Kane has formally asked the Commodity Futures Trading Commission (CFTC) for permission to operate across all 50 states. The important move would place Sporttrade alongside federally regulated platforms like Kalshi, Robinhood, […]
Sports
July 22, 2024
No Wager Popularity Grows, Bettors Risk Thousands for a Few Hundred
Sports betting expanded exponentially since the repeal of PASPA in 2018. With millions of bettors across the United States having access to legal wagering, more sports fans join the hype as they place bets on their favorite teams. With the popularity of wagering, different types of bets gained the attention of seasoned bettors. Such include […]
Business
August 29, 2023
Sporttrade Expands in the US, Launches in Colorado
Sporttrade, a Philadelphia-based sports betting operator, has forayed into Colorado, its second state. Players in the Centennial State can now try out the company’s exceptional and differentiated sports betting products. Marketed as a fairer operator than its competitors, Sporttrade continues to demonstrate impressive growth. The launch in Colorado, a state known for its passionate bettors, […]
Industry
October 4, 2022
IBIA Expands Its Reach in the North American Market with Sporttrade
Sporttrade has become the latest organization to join the International Betting Integrity Association (IBIA). The company, which operates out of Philadelphia in the United States, is a sports betting technology firm that delivers advanced platforms facilitating the work of operators in the newly regulated sports wagering market. IBIA Welcomes Sporttrade’s Addition to List of Members […]
Business
September 21, 2022
Xpoint Verify Goes Live with Sporttrade in New Jersey
Xpoint has launched its dedicated Xpoint Verify solution, a new addition to the company’s geolocation product portfolio which has now gone live with markets in the United States and specifically through Sporttrade. Xpoint focuses on bringing leading geolocation and compliance solutions to iGaming and sports wagering companies in the North American market. Xpoint Verify Now […]
Sports
September 16, 2022
Sporttrade Disrupts NJ with Unique Betting Experiences
Sporttrade, a Philadelphia-based sports betting and trading disruptor, has launched a regulated sports betting exchange in New Jersey. The ambitious company plans to follow up on that with launches in several other states. An Innovative Experience for Fans of Sport Sporttrade is a sports betting exchange that leverages an exchange model to provide its customers […]
Business
February 24, 2022
Sporttrade Extends Its Footprint in North America with Two Strategic Deals
Sporttrade, the most dynamic platform for sports traders in the US and the pioneer regulated exchange for sports betting in the country, has signed two new strategic partnerships with Caesars Entertainment and Penn National Gaming. According to the new deals, two new states, Louisiana and Indiana, will join Sporttrade’s current list of US states where […]
Business
December 16, 2021
Sporttrade Adds Xpoint as Geolocation, Marketing Partner
Xpoint, a specialist company that focuses on delivering geolocation solutions for iGaming and betting businesses in the United States, has revealed a new partnership with Sporttrade, a growing sports trading platform with significant traction in the United States. Sporttrade to Benefit from Xpoint Geolocation, Marketing As a result, Sporttrade will embed Xpoint’s technology with all […]
Industry
August 5, 2021
Sporttrade Gains Colorado Market Access via Momentum Sports Acquisition
By acquiring Momentum Sports, Sporttrade gained market access to Colorado. The company plans to launch its unique sports betting exchange services in the first half of next year. Sporttrade Acquires Momentum Sports, Prepares for Colorado Entry Sports betting company Sporttrade announced Wednesday that it acquired Momentum Sports and Entertainment. Momentum Sports is a Denver and […]
Business
June 23, 2021
Sporttrade Raised $36M to Boost Sports Betting Exchange Operation
Sports betting operator Sporttrade announced it raised $36 million in funding from private investors from the financial services and gaming sectors to strengthen its position in the US. Attracting Investor Interest The Philadelphia-based fintech company received funding from Jump Capital, Impression Ventures, Hudson River Trading, and Tower Research Ventures, as well as from former CEO […]