About

Sporttrade is a Philadelphia-based sports betting and trading company poised to disrupt the sports betting industry with the first legal sports betting exchange in United States history. Built just like a financial exchange, our platform allows customers to trade on sports outcomes by buying and selling contracts, just like trading stocks.

Our mission is to elevate the sports betting industry, and provide a truly inclusive platform designed for all sports bettors. Recently, retail investors have benefited immensely from unprecedented innovation in capital markets. Sporttrade was created to bring those same great benefits to sports betting, including increased efficiency, real transparency and better pricing.

Our Team

Bringing together the best experience and leadership from Financial Services and Sports Betting.

Portrait of Alex Kane

Alex Kane

Chief Executive Officer + Chairperson of the Board

Alexander is the founder of the firm and US sports betting expert. Alex has been featured in many top industry publications including EGR and Business of Betting, and has written about the US legal landscape in Bloomberg. In 2019, Alex secured seed and Series A funding for Sporttrade and led the Company through the 2019 Comcast NBCU Accelerator Powered by Techstars. 

Portrait of Anthony Busacca

Anthony Busacca

Chief Financial Officer

Anthony is a former Managing Director at JP Morgan Chase where he spent over 24 years. In his last role, he served as the Firm-wide Financial Controller and prior to this, Anthony was Merger Integration Lead Finance Executive for Securitized Products during the JPMC/Bear Stearns merger. Anthony served in a variety of senior Finance and Ops capacities during his time at JPMC after joining them from Ernst & Young. 

Portrait of Russ Rubino

Russ Rubino

Chief Marketing Officer

Russ is a seasoned financial services marketing and communications professional with over 30 years of B2C and B2B marketing expertise. He has served as Head of Marketing at a variety of firms including Brunswick Group, Intercontinental Exchange (NYSE), Nasdaq and MF Global. He spent his early career at several blue chip advertising agencies including Grey, Wunderman and McCann Advertising. 

Portrait of Tom Wittman

Tom Wittman

Board Member

Thomas (Tom) A. Wittman most recently served as Nasdaq’s Executive Vice President and Advisor, managing Nasdaq Fixed Income. Previously, he served as Head of Global Trading and Market Services and CEO of the Nasdaq Stock Exchange, where he was responsible for the management, operations and strategic direction of Nasdaq’s diverse set of global businesses spanning cash equities, clearing, commodities, derivatives, fixed income and trade management services.

Portrait of Arpita McGrath

Arpita McGrath

Chief Compliance Officer

Arpita is a Certified Antimoney Laundering Specialist and Scrum Master with 10+ years of experience helping financial institutions develop their AML written programs, customer risk rating, and transaction monitoring models. She is a board member for the Association of Certified Antimoney Laundering Specialists (ACAMS) as well as Drexel University Accounting Advisory Council.  

Portrait of Avi Harari

Avi Harari

Head of Product

Avi joined Sporttrade as its first employee after spending a decade as an energy derivatives trader. Prior to Sporttrade, Avi built the exotic derivatives natural gas desk at DRW. He brings expertise in creating liquidity across exotic asset classes and the implementation of financial trading frameworks in emerging products.

Investors & Partners

Investors

Comcast Bets on Sporttrade
HRT Bets on Sporttrade
Impression Ventures Bets on Sporttrade
Jump Capital Bets on Sporttrade
Nasdaq Bets on Sporttrade
Techstars Bets on Sporttrade
Tower Research Ventures Bets on Sporttrade

Partners

Bally Bets on Sporttrade