Sports betting exchange operator Matchbook has announced the debut of its Matchbook Brokerage platform. The Brokerage offering will be available as an exclusive service for customers to match large or bespoke trades that may not be accessible on the firm’s existing Matchbook Exchange markets. Matchbook maintains that operators may be able to leverage the product for marketing promotion or customer …
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UKGC lifts Matchbook suspension
Matchbook has been given the green light to resume operations in the UK, after the UK Gambling Commission (UKGC) lifted the suspension of registered holding company Triplebet’s remote operating licence. The operator stated that it has ‘implemented significant improvements to its compliance practices’ after the regulator Triplebet’s pool betting, betting intermediary and remote casino licences under Section 116 of the …
Read More »Mark Brosnan ends Matchbook CEO tenure
Xanadu Consultancy, the holding company of online betting exchange Matchbook (Matchbook.com) has confirmed that Mark Brosnan has chosen to step down as Chief Executive. Brosnan’s decision will see Xanadu’s CFO Farzad Peyman fulfil CEO leadership duties on an interim basis. Moving forward Xanadu confirmed that Brosnan will continue to serve as a company director to support the firm in developing …
Read More »UKGC suspended Matchbook licence over AML & Risk assessment failures
The UK Gambling Commission (UKGC) has revealed that the Triplebet licence was suspended ‘as part of a package of sanctions for social responsibility and money laundering failings’. Trading as Matchbook, the UKGC suspended the operator’s licence on 17 February, following an investigation by the regulator, which uncovered ‘serious failings’ relating to anti-money laundering protocols. The UKGC found that Triplebet failed to …
Read More »David Clifton: Licensing Expert – Gambling faces a pivotal moment
This is a pivotal moment for the online gambling sector. It’s not a moment it could have foreseen, nor is it a moment it has actively sought! However, whilst it has not been slow to identify an unexpected opportunity to market its non-sports betting wares to a new audience, it is essential that it fully recognises the associated threats to …
Read More »Matchbook freezes UK activity following UKGC suspension
Closing Monday 17 February trading, online betting exchange Matchbook has been forced to suspend its entire UK betting and casino services. The Dundalk-based operator issued a statement to customers detailing that the UK Gambling Commission (UKGC) had sanctioned a temporary licence suspension on its operating company Triplebet Limited. “As a result, from 23.59 on 17 February 2020 we will be …
Read More »Matchbook Betting Podcast repeats best in show performance
For a second consecutive year, online betting exchange Matchbook’s ‘Matchbook Betting Podcast’ has been recognised as the ‘Best Betting Podcast’ by members of tipster community the ‘Smart Betting Club’. Securing 24% of votes, Smart Betting Club members acknowledged the Matchbook Betting Podcast for its ‘Consistent expertise and insight on football, horse racing, the NFL, and a wide range of other sports’. …
Read More »Matchbook sticks at 2% commission across all sports
Starting this week, online betting exchange Matchbook has announced a set 2% commission across all sports wagering taking place on its platform. The Cork-based operator details that its new structure will apply to net profits with its customers only paying commission on winning bets. The set commission sees Matchbook join competitors Betdaq and Smarkets on a 2% rate, challenging market …
Read More »Matchbook becomes new sponsor of Limerick’s Novice Chase
Limerick Racecourse has announced a three-year agreement with Matchbook Betting Exchange to become the new sponsor of its Matchbook Betting Exchange Grade 1 Novice Chase. An esteemed part of the racing calendar, The Matchbook Betting Exchange Grade 1 Novice Chase is the feature race on Boxing Day, the opening day of the iconic four day Mr Binman Christmas Racing Festival. …
Read More »Matchbook Betting Podcast unveils three new hosts
With the Premier League firmly upon us, the NFL season returning on Thursday, and the Champions League a mere two weeks away, the Matchbook Betting Podcast has announced a new roster of hosts. Ali Maxwell (Premier League), Nat Coombs (NFL) and Phil Kitromilides (Champions League) will be delivering weekly focused previews and insights for sports fans. Matchbook CEO Mark Brosnan …
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