Smarkets is a London-based betting exchange founded in 2008, on which customers back and lay sports and political outcomes against each other with the exchange charging a commission on net winnings, and the operator of the SBK sportsbook app, which prices its bets from the exchange. It is licensed by the Gambling Commission in Britain and in Ireland, Malta and other markets, built its own trading and matching technology, and was for a period licensed in Colorado and Indiana before withdrawing from the United States. Smarkets is privately owned and has around 150 employees in London and Malta.
Sign in to claim this listing and request a verified badge.
Sign in to claim
Matchbook says it has completed the acquisition of Betdaq and is selling the deal as a deeper pool of liquidity, tied to the rise of prediction markets. Betdaq's own closure notice shows what was actually bought: the brand and the domains, with no customer accounts and no order book. The price was not disclosed.