Next week’s SBC Summit Barcelona will mark the long-awaited return of major international business events for the sports betting and igaming industry with a high-level conference and exhibition attended by the sector’s major players. With Barcelona open for large-scale events and free from quarantine requirements for visitors, the 2021 edition of the Global Betting and iGaming Show will go ahead …
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Smarkets has confirmed the appointment of Ladbrokes veteran Matthew Shaddick as its new Head of Political Markets. Shaddick led Ladbrokes Politics trading for 18-years, and is replacing former Smarkets political lead Sarbjit Bakhshi, who left the company at the start of the year. Smarkets backed the appointment of highly regarded Shaddick, who will be tasked with maintaining politics as a …
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Smarkets has entered a new enterprise and innovation phase, having completed a Series-B funding round by securing a new investment from Susquehanna Growth Equity (SGE). The transaction marks the first capital raise by Smarkets since the firm’s inception in 2008, which saw it raise to £3.8 million to establish itself as a leading online betting exchange. Subsequent year-on-year growth has …
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Smarkets has announced that its ‘SBK’ sportsbook app has gone live on the Oddschecker grid. SBK’s market odds, directly indexed from the Smarkets betting exchange, will now be displayed across Oddschecker’s market-leading comparison site which attracts a reported three million unique users per month. The SBK sportsbook was launched in the summer of 2019, as Smarkets’ proprietary built sportsbook app …
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Betting exchange Smarkets has been given the green light to begin operating in Sweden after gaining the necessary approval from the country’s regulator, Spelinspektionen. Smarkets will become the second license betting exchange in Sweden, and will see the exchange offer markets on sport, politics and current affairs. Commenting on the new licence, Jason Trost, Smarkets CEO/Founder, said: “We know that …
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Smarkets has made its US debut after soft launching its SBK sportsbook app in partnership with Colorado’s Full House Resorts. The technology group branded its US Colorado debut as a major strategic achievement for the SBK product, less than a year since its sportsbook inception. Last September, Smarkets rolled out its proprietary built SBK sportsbook, a next-generation betting platform which …
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Announced as a major corporate development, fast-growth Smarkets has this morning confirmed that it will enter the US sports betting market in partnership with Nasdaq-listed casino group Full House Resorts. Updating the market, Smarkets leadership confirms that it has secured a long-term technology agreement to act as lead online sportsbook supplier for Full House Resorts within the states of Indiana …
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Online betting exchange, Smarkets has this morning announced the official launch of its new sportsbook product ‘SBK’, seeking to disrupt all traditional wagering engagements. A sportsbook mobile app SBK seeks to deliver punters the ‘fairest and funnest’ app for betting on sport and politics, fusing Smarkets exchange prices with a social-optimised interface. Regarded as one of the UK’s fastest-growing tech …
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Online betting exchange Smarkets, has moved to significantly strengthen its executive leadership team, announcing a quartet of C-level appointments. Updating the market, Smarkets confirms that former enterprise team member Robin Harrison has returned to the company as Chief Technology Officer (CTO). Harrison re-joins as Smarkets technology lead, having spent a year as Head of Engineering for Santander Bank backed fintech …
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Online betting exchange Smarkets has confirmed the introduction of a new ‘1% pro-tier’ commission operating across its platform, supporting ‘market-maker’ traders. Yesterday, Smarkets Chief Executive Jason Trost announced the betting exchange’s new commission structure on the firm’s corporate blog – stating that it would support ‘fairness and transparency’ for players across its platform. The commission restructure sees Smarkets realign its …
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