Tag Archives: Smarkets

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 …

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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 …

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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 …

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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 …

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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 …

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Smarkets builds on Cheltenham success at Aintree

Rachael Blackmore was not the only one who set records at the Aintree Grand National this weekend, as Smarkets recorded a 21% increase in betting volume from 2019. A total of £92.8 million was traded on the platform in comparison to the 2019 figure of £76.5 million, and the 2018 earnings of £57.4 million, whilst from Thursday to Saturday over …

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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 …

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Smarkets: Trump will finish term despite Capitol Hill shame

Tracking Washington developments, Smarkets maintained that President Donald Trump will finish his tenure as 45th President of the United States. Following the aftermath of yesterday’s shocking storm of Capitol Hill by Trump supporters, the Republican Party faces calls to trigger the 25th Amendment forcing the removal of Trump from office. Despite Vice President Mike Pence and GOP leader Mitch Mcconnell …

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November to December 2020 in Review: Frantic conclusion sees betting prepared for another year under the spotlight

Betting leadership was provided no time to reflect on the events of an unpredictable year, as November and December developments placed the industry’s future on the line… SBC – Betting shakes off its seasonal slumber as UK government triggers long-awaited gambling review…   Betting faces an uncertain end of year close, as country-by-country European governments reviewed their national lockdown policies seeking …

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Smarkets: Punters’ confidence in Brexit deal slips to 69%

brexit

With the deadline for a Brexit deal fast approaching, the possibility of Boris Johnson reaching an agreement with the European Union appears to be slipping away according to Smarkets. According to the betting exchange, a ‘no deal Brexit’ appears to be more likely with 69% of punters backing the possibility of a trade deal, compared to 90% last week, as …

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