Effort will connect potential problem gamblers with Birches Health counselors.

“Sporttrade may well have disruptor potential in the OSB landscape,” the report said.

Sporttrade has made it through to the shortlist for the SBC Awards North America 2022 for Rising Star of the Year.

Can the day-trading culture of America be transferred to sports betting? By "stock-marketifying" the experience of sports betting, Sporttrade is setting out to make live betting as seamless as buying stock on Robinhood.

Under Ontario law, betting exchanges are legal forms of sports betting. Despite the regulation’s confusing language, Sporttrade and other startups that allow bettors to place sports wagers in a format that resembles financial markets are legal. They just can’t offer bets that are similar to speculative investments in the investing industry.

Xpoint’s geolocation technology will be embedded within all Sporttrade digital platforms, ensuring all transactions made by Sporttrade customers adhere strictly to state and federal regulations.

Sports betting will likely occur through exchanges and retail brokerages like Robinhood Markets Inc in the future, the head of North American markets at Nasdaq Inc said.

Gambling startups face challenging barriers to entry. But Sporttrade may provide a blueprint for other disruptive gambling startups.

The gambling industry isn't friendly to startups. That keeps the best odds and deals out of bettors' hands, limiting bettor wins.

There are things a betting exchange like Sporttrade can do that traditional sportsbooks can't offer bettors, including new ways to win and profit.

Sporttrade has acquired a license to operate in Colorado.

As the first regulated sports betting exchange in U.S. history, Sporttrade is poised to marry sports wagering with Wall Street concepts.

Sporttrade recently announced a raise of $36 million led by Jump Capital, with participation from Nasdaq Ventures, and many more including the former CEO of MGM Casinos. Sporttrade has officially launched its new website and trading will be available in New Jersey in summer 2021, with more states to follow.