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 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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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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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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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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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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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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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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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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Smarkets has revealed that its political markets have been re-energised by the government’s last-minute negotiations to secure a fraught trade deal with the European Union. This weekend, PM Boris Johnson took charge of negotiations meeting face-to-face with EU President Ursula von der Leyen, in a bid to break the deadlock. Yet following reports that no progress has been made on …
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