Tag Archives: Jason Trost

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 …

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 …

  UK-based sports betting exchange Smarkets has announced that it has re-launched its affiliate and partnership platform with industry digital marketing software provider Income Access. Utilising Income Access’ affiliate management platform and ad-serving technology, Smarkets will aim to boost its marketing and promotional coverage within its core UK market promoting its 2% exchange fee on winning transactions. Presenting its new …

West London football club, Queens Park Rangers (QPR) has confirmed online betting exchange Smarkets as its Championship season 2016/17 official shirt sponsor. Agreeing terms on a one-year deal with QPR, Smarkets upgrades its existing collaboration with the London football club which last season saw the betting exchange become its official betting partner. QPR will now display the Smarkets logo on …

Releasing a corporate update, online betting exchange Smarkets governance informed the media of two major announcements. Smarkets, the operator backed by Deutsche Telekom’s venture capital arm T-Venture and Passion Capital, confirms the operator has received a remote gaming license in the Republic of Ireland and plans to build a new headquarters in the City of London area. After the recent changes to …

The brevity of the statement for the proposed merger of Betfair and Paddy Power stood in contrast to the magnitude of the deal. Among the questions left unanswered by the announcement of a gaming and betting giant with combined historic revenues of £1.1bn are what it would mean for the Betfair betting exchange business….Scott Longley examines ________________________ Though it is …

Online betting exchange Smarkets has announced that it has doubled profits for the first two quarters of 2015. Following a successful opening to 2015, Smarkets management estimates it will record £6 million in pre-tax profits for its 2015 performance The betting exchange stated that growth had been driven a substantial increase in its trading volume, which had seen its number …

Betting exchange Smarkets has confirmed that it will fully integrate its ‘instant match’ feature having tested the function in beta Instant Match is Smarkets answer to in-play betting. The feature works by matching bets instantly so that traders never miss a price due to a delay. Competitors, institute a mandatory eight-second delay before matching the bet when in play.Instant Match …

Online betting exchange Smarkets has announced that it has reached its £1 billion trading milestone, aided by wagering recorded during this year’s Cheltenham Festival and Grand National racing events. The operator stated that the £1 billion milestone represented the continued positive momentum of its betting exchange services for the UK market. Further detailing its recent exchange performance, Smarkets noted that …

Innovation of igaming’s products lines, value chains and services will be key theme at this year’s EIG Berlin Expo.  Team SBC & EIG caught up with Smarkets Founder & CEO Jason Trost to discuss the values of producing technology in-house, product independence and innovation blocks and factors. Smarkets is an online betting exchange platform challenging the bigger exchanges in the …