Konsumentverket, Sweden’s consumer affairs agency, has issued a warning to licensed online gambling operators of their duties in ‘providing balanced and fair conditions to consumers’. The agency stated that it had found ‘numerous shortcomings’ having undertaken a review of terms and conditions across 13 operators picked at random. The operators reviewed by Konsumentverket were AG Communications, Bayton, Blue Star Planet, …
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Smarkets secures SBK listing on Oddschecker
Smarkets has announced that its ‘SBK’ sportsbook app has gone live on the Oddschecker grid. SBK’s market odds, directly indexed from the Smarkets betting exchange, will now be displayed across Oddschecker’s market-leading comparison site which attracts a reported three million unique users per month. The SBK sportsbook was launched in the summer of 2019, as Smarkets’ proprietary built sportsbook app …
Read More »Smarkets – Biden takes clear lead of frantic US 2020
Smarkets has issued a ‘post-election day update’ on ongoing US 2020 developments following a rollercoaster 48-hours of trading on its betting exchange, as US swing states continue to count mail-in votes to conclude a divisive Presidential race. A night of high drama saw all pre-election polls trashed, as US 2020 chose to follow no intended script, instead putting electorate and …
Read More »US 2020: Bakhshi and Shaddick offer final take on betting’s billion dollar baby
On the eve of what’s been touted as the most important American Presidential Election in decades, it’s estimated that over $1bn will have been wagered on the outcome of Trump versus Biden, none of which will have changed hands legally in the US. A missed opportunity? According to Sarbjit Bakhshi, Head of Political Markets at Smarkets, absolutely. Speaking during a high-profile panel …
Read More »Democrats fly high in the polls as Trump’s popularity slumps
Joe Biden’s popularity appears to be riding at an all-time high this week, after betting exchanges have shown the Democrat nominee holds a 2-in-3 chance (66%) of winning the presidency next month. According to Smarkets, Biden’s likelihood of victory in the US 2020 elections is currently double that of Donald Trump‘s (33%) chances of a second term. Sarbjit Bakhshi, Smarkets …
Read More »Costello: ‘Swedish limits aren’t for player protection, they’re just pure politics’
Recognised as one of igaming’s most lucrative marketplaces, conditions in Sweden have been drastically altered following the government enforcing a series of wagering and deposit restrictions. The safer gambling measures were instantly criticised by licensed operators as well as the country’s regulator. The panel discussing ‘the fallout from Sweden’ at the SBC Summit Barcelona – Digital weighed in on developments. …
Read More »Smarkets: Trump carries momentum as US 2020 markets tighten
Smarkets said that market dynamics are being radically reshaped as US 2020 odds narrow with just two months left of campaigning before US voters hit election polls on Tuesday 3 November. Tracking market developments, Smarkets detailed that its betting exchange is reflecting the majority of US 2020 polls, as challenger Joe Biden saw a comfortable double-digit lead narrow to just …
Read More »Bakhshi and Shaddick launch ‘Art of the Possible’ podcast tracking US 2020 developments
Sarbjit Bakhshi, Smarkets Head of Politics has joined forces with GVC Holdings counterpart Matt Shaddick to launch ‘Art of the Possible’ (@PossiblePod) – a podcast analysing political betting markets, predictions and further events. Ahead of the US 2020 Election on 3 November, @PossiblePod forms part of the ‘Old Bull’ audio series by the American Civics Exchange, providing its listeners expert …
Read More »Bookies Corner: Trump Presidency sinks as US 2020 enters its 100 day countdown
US 2020 enters its final 100 days of campaigning, as current polls indicate a comfortable Joe Biden / Democratic Party victory as President Trump flounders on his handling of critical issues in the most unprecedented of election years. Against the ropes, can Trump deliver another seismic political upset, or has America finally turned the lights off on ‘President 45’… SBC …
Read More »Smarkets gains green light to enter Swedish market
Betting exchange Smarkets has been given the green light to begin operating in Sweden after gaining the necessary approval from the country’s regulator, Spelinspektionen. Smarkets will become the second license betting exchange in Sweden, and will see the exchange offer markets on sport, politics and current affairs. Commenting on the new licence, Jason Trost, Smarkets CEO/Founder, said: “We know that …
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