Tag Archives: Smarkets

Smarkets: Sunak Budget bluster frosty against 22% chance of recession

Smarkets Politics has registered a mixed reaction to the Autumn Budget statement, delivered by Chancellor Rishi Sunak. “Employment is up, investment is growing, public services are improving, public finances are stabilising, and wages are rising” – bellowed Sunak to the Commons, underlying the strengths of the UK economy recovering from COVID-19 pandemic. Yet, despite the Chancellor’s bluster, the latest politics …

Read More »

Boris reshuffle sees Smarkets shorten odds on 2023 General Election

Smarkets has reviewed the surprise promotions and cruel dismissals of PM Boris Johnson‘s latest cabinet reshuffle, forecasting its consequences on the future of UK politics.  Prior to Wednesday’s proceedings, Westminster sources had detailed that Johnson was seeking to re-energise his senior cabinet with strong and competent characters to lead key departments post-pandemic.  Yet, remaining loyal to his lieutenants, Johnson retained …

Read More »

Smarkets snaps up Shaddick in bid to lead all politics trading

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 …

Read More »

SBK signs long-term sponsorship deal with Richard Kingscote

Smarkets’ sportsbook app SBK has committed to a long-term sponsorship of multiple title-winning jockey Richard Kingscote until October 2022. The agreement will see reigning all-weather champion Kingscote wear SBK branded riding gear over the next 16 months, as well as produce exclusive content for the operator. “I’m thrilled to have SBK as my new sponsor, and I’d like to thank …

Read More »

Smarkets supercharged by new Susquehanna investment

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 …

Read More »

Horse racing announces support for social media boycott

The British Horseracing Authority (BHA) has announced that it will join other sporting organisations in this weekend’s social media boycott to highlight awareness of online racism and abuse. Horse racing will join the boycott from 9pm today (30 April), following a commemoration for Lorma Brooke, the amateur jockey who passed away of injuries from a racing accident this month, and …

Read More »

Smarkets and Mansion join sports boycott of social media 

Online betting exchange Smarkets and Gibraltar bookmaker Mansion Group have confirmed that they will participate in a global sports boycott of social media platforms, protesting online abuse and racism.  The betting incumbents will unite with global sports’ governing bodies, clubs, athletes, sponsors and broadcasters to pressure social media platforms to eliminate online hate, as well as ensure that online environments …

Read More »

Bookies Corner: Pricing a bonkers Premier League season

SBC checks in on how bookmakers’ nerves are faring as we move through the craziest Premier League season of all time, which week-to-week is producing shocks and trauma.  SBC: As it stands, the Premier League table sees seven teams separated by just seven points and no clubs showing any consistency in their form. Is 2020/2021 the Premier League’s craziest ever …

Read More »