Tag Archives: Smarkets

Smarkets estimates £6 million profit for its 2015 performance

Online betting exchange Smarkets has announced that it has doubled profits for the first two quarters of 2015. Following a successful opening to 2015, Smarkets management estimates it will record £6 million in pre-tax profits for its 2015 performance The betting exchange stated that growth had been driven a substantial increase in its trading volume, which had seen its number …

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Smarkets appoints first marketing chief

European betting exchange Smarkets has appointed Alexander Wheldon as the company’s first Chief Marketing Officer (CMO). The new role was created to expand on Smarkets’s growth over the past year and support development of its primary UK customer base and help the business enter new markets. Smarkets has grown considerably over the past year, showing 400% YOY growth. With pre-tax …

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Smarkets rolls out “Instant Match” feature following successful BETA

Betting exchange Smarkets has confirmed that it will fully integrate its ‘instant match’ feature having tested the function in beta Instant Match is Smarkets answer to in-play betting. The feature works by matching bets instantly so that traders never miss a price due to a delay. Competitors, institute a mandatory eight-second delay before matching the bet when in play.Instant Match …

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Smarkets hits £1 billion trading milestone

Online betting exchange Smarkets has announced that it has reached its £1 billion trading milestone, aided by wagering recorded during this year’s Cheltenham Festival and Grand National racing events. The operator stated that the £1 billion milestone represented the continued positive momentum of its betting exchange services for the UK market. Further detailing its recent exchange performance, Smarkets noted that …

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Smarkets boss says value crucial for betting exchange success

Smarkets CEO Jason Trost is hoping to carve out more business for his betting exchange by keeping its commission charges low. In an interview with February’s edition of Betting Business interactive, Trost said that sports betting customers will continue to become more informed and more demanding, meaning that the value offered by companies will be crucial towards success. He explained: …

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Jason Trost – EIG Berlin Interview – Product Independence

Innovation of igaming’s products lines, value chains and services will be key theme at this year’s EIG Berlin Expo.  Team SBC & EIG caught up with Smarkets Founder & CEO Jason Trost to discuss the values of producing technology in-house, product independence and innovation blocks and factors. Smarkets is an online betting exchange platform challenging the bigger exchanges in the …

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