Tag Archives: Jason Trost

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 …

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 …

Online betting exchange Smarkets, has confirmed to SBC that it has released the beta version of its upcoming ‘True-Price’ sportsbook app – ‘SBK’. At present, SBK is the working title for its pending sportsbook, which is an app-only platform and uses the Smarkets exchange pricing with a simpler layout where selections can only be backed. Furthermore, users will also be …

As the decision was made by the US Supreme Court to overturn PASPA, no sooner had British operators commenced celebrating, than they upped the ante on their plans to tap into the US market. The incentive to break the US market will have only been enhanced by the government’s decision to reduce the maximum stake of FOBTs to just £2, …

Smarkets has revealed that last Saturday’s Randox Health Grand National broke the Smarkets record for most trading volume on a single event. The previous record was set at last year’s National, when a total of £44.5m was traded on the world’s most famous horse race. This time around, the Smarkets exchange had £57.4m of volume across all its National markets, …

Jason Trost the CEO & Founder of online betting exchange Smarkets, has revealed that his firm will move to launch a traditional sportsbook platform supporting its existing operations. Speaking to Bloomberg Business, Trost detailed that Smarkets had spent circa $5 million developing its sportsbook extension which will attached to the Smarkets exchange. Focusing on the in-house development of its proprietary …

London headquartered Smarkets has agreed a horseracing sponsorship deal for the very first time, as revealed in The Racing Post. The betting exchange has entered the agreement with The Jockey Club, covering 35 fixtures throughout 2018, beginning at Wincanton this coming Saturday (January 6). Covering 11 of The Jockey Club’s 15 strong racecourse portfolio, including Aintree, Epsom, Haydock and Sandown, …

Online betting exchange Smarkets has secured the fourth spot on the ‘Deloitte Fast 50’, an enterprise index listing the ‘fastest growth UK technology businesses’. The only industry enterprise to list in the Deloitte Fast 50, Smarkets joins a prestigious top ten of UK-based technology firms, which is headed up by food delivery platform Deliveroo ranking number 1 for 2017. Recognised by …

The Sunday Times has ranked online betting exchange Smarkets as the second fastest growing UK private technology enterprise for its ‘2017 Tech Track 100’ index. The company which reported a 280% annual sales rise over three years was beaten to the top of the Sunday Times tech index by children’s ‘digital personalised book publisher Wonderbly. Led by CEO and Founder …

Publishing its 2016 Annual Report, online betting exchange Smarkets has declared its ‘best year in business’ posting significant key metric growth on wagering, revenues and increased profits. A busy 2016 which saw Smarkets wagering boosted by Euro 2016, a record Cheltenham Festival and political outcomes such as the EU Referendum and US Presidential Election, saw the company record more than …