Spread betting deal raises competition concerns

News Competition English Sanctions & Fines

Date: 4th Apr, 2024 Source: Competition and Markets Authority Country: United Kingdom Original Source

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Spreadex acquired the "business to consumer"" arm of Sporting Index from Sporting Group Holding Limited. The deal may have created a monopoly in the UK online sports spread betting market

Last year, Spreadex acquired the ‘business to consumer’ arm of Sporting Index from Sporting Group Holding Limited (Sporting Group). Spreadex and Sporting Index provide both online fixed odds betting services and online sports spread betting services to customers based in the UK. Spreadex is also active in financial spread betting and casino betting. Sports spread

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Competition and Markets Authority

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Spread betting deal raises competition concerns

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