Tag Archives: Jason Trost

Jason Trost – Smarkets gearing up for sportsbook rollout

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 …

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Smarkets enters horseracing sponsorship

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, …

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High flyer Smarkets looks forward to 2018, following Deloitte ‘Fast 50’ tech recognition

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 …

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Smarkets lists second on The Sunday Times ‘Tech Track 100’ index

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 …

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Full-on 2016 sees Smarkets reach record highs

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 …

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Cardiff final caps record season of trading volume for Smarkets

Smarkets - Copyright: fitimi / 123RF Stock Photo

Smarkets has announced a 30% increase in football trading volume across the biggest leagues in 2016/17, with £600 million traded on Europe’s top five leagues and two major cup competitions. Having accounted for £300 million of the football volume, the Premier League was by far the most popular league for trading on Smarkets. The rest was traded on La Liga, Serie …

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Pascal Lemesre – Smarkets – The fairest of them all…

Smarkets is looking to change the public’s perception of the gambling industry. From its home overlooking St Katharine Docks the company has enjoyed a fruitful few years. It recently placed 12th in Inc’s 5000 Europe of the continent’s fastest growing companies. Its focus is on a sleek and simplistic customer experience (which includes a flat 2% commission) and the way the …

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Smarkets wins fourth place in ‘Deloitte Fast 50’ UK tech & innovation index

Professional online betting exchange Smakets, has ranked fourth on the ‘Deloitte Fast 50’ UK technology and innovation index. The ‘Deloitte Fast 50’ recognises the fastest growing new enterprises within the UK technology sector. Launched in 2008, Smarkets is the only UK betting industry incumbent to have ranked in Deloitte’s prestigious 2016 index. Gaining the fourth spot on the ‘Fast 50’, …

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Smarkets nominated for Amazon UK Growing Business Award

Online betting exchange Smarkets, has made the prestigious shortlist for the 2016 ‘Amazon Growing Business Awards’, gaining a nomination for the ‘Best UK Business – Small Company (Turnover £11-25 million)’ category. Hosted at East London’s The Brewery on 30 November, The Amazon Growing Business Awards’ recognises the best in UK business, enterprise and entrepreneurialism. This year’s awards have seen over …

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Smarkets on the Up with 1500% profits rise

Having filed its 2015 annual report (period ending 31 December), professional online betting exchange Smarkets has declared corporate profits of £5.2 million up 1568% on 2014’s corresponding £316,000. The London-based operator disclosed that its 2015 exchange wagers had hit the £1 billion mark, with Smarkets governance reporting year revenues of £10.4 million up 429% on FY 2014’s £1.95. Commenting on …

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