Tag Archives: Smarkets

This April, Paddy Power Betfair reported a lacklustre Q1 2018 trading update, in which the betting group detailed a decline in its Exchange revenues. As the FTSE operator tackles further enlargement pressures, can the Betfair Exchange maintain product and market dominance against ambitious incumbents seeking to slice apart ‘the exchange cake’… _________________ It seems a long time ago since Betfair …

Smarkets has revealed that last Saturday’s Randox Health Grand National broke the Smarkets record for most trading volume on a single event. The previous record was set at last year’s National, when a total of £44.5m was traded on the world’s most famous horse race. This time around, the Smarkets exchange had £57.4m of volume across all its National markets, …

Online betting exchange Smarkets has moved to strengthen its football content coverage, announcing a strategic partnership with new Catena Media property Squawka (Squawka.com). Beginning this March, Smarkets and Squawka teams will combine resources to develop ‘stats-led content’ for football audiences on both portals. The in-depth content and match analysis will be pushed via multiple distribution channels including Twitter, Facebook, and …

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 …

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, …

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 …

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 …

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 …

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 …

The Conservative government has announced another summer of political frolics by calling for a Snap Election on 8 June, in order to gain a PM Theresa May a clean mandate for Brexit. SBC Bookies Corner discusses whether Theresa made the right call judging her opposition, and what impact if any will this Election have on the UK political landscape and …