On this episode of the Business of Betting Podcast, Jason is joined by Dean Sisun from ProphetX. Hear them discuss: 02:04 - The overview of ProphetX and the sweepstakes model 04:12 - Postmortem on why ProphetX moved away from the betting exchange model 08:40 - Challenges with regulatory models in the betting industry 10:00 - Exploring the novelty factor and customer acquisition 11:25 - Predictions for the future viability of betting exchanges in the U.S. 13:32 - Understanding how sweepstakes stacks up to traditional sports betting 14:00 - Legality of the sweepstakes model 16:00 - The mechanics of turning sweepstakes into a cash prize 18:40 - Companies operating in the sweepstakes sports betting market 25:53 - The challenges of implementing the peer-to-peer model 26:51 - Managing a remote team, while moving to Miami ⚡️ Follow BoB on Twitter/X ⚡️ Watch BoB on Youtube ⚡️ Follow Jason on Twitter/X ⚡️ Apply to be a guest here --- This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry. Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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