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Prophet Exchange makes trio of hires ahead of NJ launch

| By Robert Fletcher
Sports betting exchange Prophet Exchange has announced a series of senior hires ahead of its launch in New Jersey.

Matt Stolarz will take on the role of director of technical product, joining the business from Caesars Entertainment, where he was as a senior software engineer. 

Prior to Caesars’ acquisition of William Hill in 2021, he was also a senior software engineer at William Hill, where he worked as part of a team to launch the operator’s sportsbook in New Jersey.

“I am beyond excited to join Prophet Exchange to help guide and build the first and best sports betting exchange product in the US,” Stolartz said. “I am also looking forward to working alongside a brilliant and talented team of fellow sports betting industry experts. You couldn’t dream up a better product or a better team to come into.”

Meanwhile, Prophet hired Zhifeng Shi, most recently a software engineer at Compass, as its director of software engineering. 

During his time at Compass, Shi and his team designed and built an end-to-end transaction management platform from scratch within eight months. This platform is now powering more than 6% of annual US real estate transactions since its initial release last year.

“I am very excited to have the opportunity to join Prophet to work with the product and engineering teams and to build the most reliable and trustable platforms to power the next revolution in US sports betting,” Shi said. 

In addition, Casey Halpern has joined the Prophet business as its director of social media and content.

Halpern previously worked for Action Network, where he managed and oversaw its social media channels. He also worked as a producer and researcher for NBC’s Football Night in America for the past five NFL seasons and has a history of working with athletes and media personalities on their content, and building their social media profiles and audiences.

“I am thrilled to join Prophet Exchange; this is an incredible opportunity to help scale an important and innovative product that will be the first of its kind in the US,” Halpern said.

Prophet’s upcoming launch in New Jersey has been made possible through a market access agreement brokered with Caesars Entertainment in July last year. The exchange is due to go live in the state this summer.

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