Tag Archives: Sporting Index

Star Sports has notified the UK’s Competition and Markets Authority (CMA) that it would be interested in acquiring segments of Sporting Index’s business. In January, the CMA intervened on the acquisition of Sporting Index by main rival Spreadex, citing that the deal should be evaluated against the Enterprise Act of 2022 as to whether the merger would significantly diminish competition …

The Competition and Markets Authority (CMA) has detailed that the merger of Spreadex and Sporting Index has raised ‘provisional competition concerns’ on the UK’s spread betting market. The judgement was made by an independent panel, reviewing phase-2 of the CMA’s inquiry into Spreadex acquisition of Sporting Index’s retail business, initiated in November 2023. In January, the CMA intervened on the …

The Competition and Markets Authority (CMA) has granted a series of derogations (exemptions to the law) related to the acquisition of Sporting Index by Spreadex Limited. As announced on 15 January, the CMA launched an inquiry evaluating Spreadex’s acquisition of its main rival, Sporting Index, and its impact on the UK’s spread betting market. The inquiry will evaluate whether Sporting …

The Competition and Markets Authority (CMA) is investigating the acquisition of Sporting Index by Spreadex Limited and its impact on the UK’s spread betting market.  The deal was announced in November 2023, with SpreadEx agreeing on ‘undisclosed terms’ with Groupe FDJ to acquire spread betting rival Sporting Index. On 15 January, the CMA announced that it had launched an inquiry, …

Andy Wright, CEO of Sporting Group, has issued a statement in the wake of the sale last week of the firm’s B2C brand, Sporting Index, to Spreadex. Underlining the rationale behind the transaction, he commented: “Sporting Index has been an integral part of Sporting Group for over three decades, serving as a pioneer in spread and fixed-odds betting and earning …

Spreadex has acquired long-standing rival Sporting Index, agreeing on buyout terms with owner Groupe FDJ. As reported by Racing Post on Monday, FDJ agreed to sell Sporting Index to spread betting rival Spreadex, with the latter choosing to “remain tight lipped on deal terms.” Founded in 1992, Sporting Index is recognised as the pioneering company in spread betting, providing odds …

Member organisations of the Betting and Gaming Council (BGC) have distributed over £1.25 million to a selection of charities, donating the entirety of the profits from the Britannia Stakes race, held on 17 June during the Royal Ascot festival.  Participants in the initiative include BGC members Flutter Entertainment (Paddy Power, Betfair, Sky Bet), bet365, Entain (Ladbrokes, Coral), William Hill, Kindred …

UK spread betting operator Sporting Index has become the latest firm to make its debut on the Oddschecker grid this month. The company’s Sporting Index Odds fixed odds service was launched in 2019, and its addition to the hugely popular odds comparison site demonstrates a significant expansion of Sporting Index’s market reach. CEO of Sporting Index, Simon Trim, commented: “We’re …