My Sports Broker Ltd (MSB), a Toronto based gaming software development company is pleased to announce that it has contracted with Mr. Robin Le Prevost of Le Prevost Consultancy to assist MSB in launching MSB’s flagship product The ProSports Exchange (PSX). Mr Le Prevost is former head of E-Commerce for the Govern’t of Alderney located in the Channel islands.
Alderney is recognized as the #1 legal gaming jurisdiction in the world with more than 100 gaming companies licensed, many publicly traded on the London and other Stock Exchanges. Mr. Le Prevost has many years of experience successfully guiding gaming companies through the licensing process. Mr. Le Prevost through his vast network within the gaming sector will also be assisting MSB with finding suitable partners to contribute to the liquidity and promotion of the PSX.
The ProSports Exchange (PSX) is a leading edge sports stock market trading platform that allows consumers to buy and sell virtual shares in any team listed on the PSX and will also allow consumers to place wagers involving any team listed provided the customer is logged on from a legal gaming jurisdiction. They believe that the PSX is the first and only platform that allows for both trading and wagering from the same platform. The PSX platform goes far beyond the new daily fantasy sports sites that have recently gained attention due to the large sums of money being invested in them and the possible legalities regarding U.S. facing consumers.
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The PSX will be of interest to not only consumers interested in sports wagering but to anyone with even a casual interest in investing in the markets. Sports has the distinction of complete transparency through the almost daily media coverage and is easier to predict the outcome as opposed to a company that analysts report on 4 times per year. The price of these virtual shares are based on the fundamentals of sport such as wins, losses, draft picks, hiring and firings, etc. Sports transcends Language, Religion and Geography.
The PSX will be floating more than 400 virtual IPO’s relating to professional and amateur leagues from around the world and beginning next summer in time for the launch of the EPL and the German Bundesliga soccer leagues. This will be followed by MSL, NFL, NHL, NBA and finally Major League Baseball in February. Based on the successful rollout of the aforementioned mentioned leagues, the PSX will turn its attention to the NCAA and its 125 Division 1 schools that offer Football and Basketball and other sports leagues around the world.
The ProSports Exchange (PSX) is the convergence of Fantasy, Reality and Finchtech.