Tag Archives: Varun Sudhakar

Varun Sudhakar: BetDEX decentralised model questions all conservative elements of sports betting

SBC News Varun Sudhakar: BetDEX decentralised model questions all conservative elements of sports betting

2023 proceedings reflect  the growing dominance of Tier-1 sportsbooks on their respective markets across Europe and North America.   Whilst many believe this to be the reality of competing in consolidated markets, Varun Sudhakar CEO and Co-Founder of the BetDEX Labs, states that a decentralised sportsbook model offers challengers the best opportunity to disrupt a conservative status quo, which stifles …

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BetDEX Exchange enters ‘new but familiar’ Irish territory

SBC News BetDEX Exchange enters ‘new but familiar’ Irish territory

BetDEX has announced that its BetDEX Exchange has received a remote betting intermediary licence in Ireland.  Effective as of 1 July, the licence fully approves the company to offer all forms of online sports betting in the country and establishes a presence in the EU as the Exchange continues to expand global operations.  Varun Sudhakar, CEO and Co-Founder of BetDEX, …

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BetDEX Exchange introduces ‘highly requested’ tennis markets

SBC News BetDEX Exchange introduces ‘highly requested’ tennis markets

BetDEX Labs has launched tennis markets on its BetDEX Exchange – the first fully-licensed sports betting platform built on blockchain technology.  The initial offering of tennis markets coincided with the start of the French Open on 28 May. Meanwhile, the company is also preparing to launch in-game wagering in the coming weeks. In-game products will be available for tennis at …

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Varun Sudhakar, BetDEX: Betting ‘one of the few bright spots’ amid crypto uncertainty

Varun Sudhakar, BetDEX: Betting ‘one of the few bright spots’ amid crypto uncertainty

Compounded by the downfall of FTX, crypto volatility and prices last year will have left investors feeling pessimistic. Varun Sudhakar, Founder and CEO of crypto-betting exchange BetDEX, explained to SBC News that in spite of this, crypto-betting continued to buck this trend, particularly from a customer-relations standpoint. Appealing to the crypto confident customer In an interview ahead of the expansion …

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BetDEX celebrates ‘key goal’ with sportsbook market expansion

BetDEX celebrates ‘key goal’ with sportsbook market expansion

Blockchain-based betting exchange BetDEX has lauded the completion of a key commercial objective for 2023, adding Indian Premier League (IPL) markets to its platform. BetDEX hopes to further extend its reach in global betting markets by incorporating cricket, which will sit alongside football, American football and basketball as one of its three primary offerings, with plans for further expansion in …

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Bringing crypto back through betting: Varun Sudhakar on BetDEX’s real money debut

SBC News Bringing crypto back through betting: Varun Sudhakar on BetDEX’s real money debut

All the world’s a stage, a certain playwright once famously penned down, and in contemporary society, the FIFA World Cup is arguably one of the biggest.  This viewpoint was not lost on Varun Sudhakar, CEO and Co-Founder of BetDEX Labs, who outlined how such tournaments can provide a strong PR boost to crypto-betting firms, and other actors in the wider …

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BetDEX launches on Solana mainent amid World Cup betting interest

BetDEX Solana mainnet

Looking to capitalise on heightened sporting interest during the ongoing 2022 FIFA World Cup, BetDEX is now taking real-money wagers. Operating on the Solona mainnet, the crypto-betting exchange will conduct business under a ‘beta’ tag until 2023, but interested customers can make real-money bets on the Qatar World Cup immediately. An Isle of Man-licensed company – the first blockchain-based operator …

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BetDEX remains crypto confident despite FTX fallout shaking up sector

solana coin betdex

Crypto sports betting exchange BetDEX remains faithful in the continued stability of its operations as well as international crypto and crypto betting markets, despite recent instability.  ​​Currently under beta testing, BetDEX is a next-generation betting exchange built on Solana rails – Solana is a blockchain majority funded by Alameda Research, the affiliated quantitative trading firm and VC fund of FTX, …

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BetDEX secures Isle of Man licence as blockchain exchange enters beta mode. 

SBC News BetDEX secures Isle of Man licence as blockchain exchange enters beta mode. 

BetDEX Labs Inc has become the first blockchain betting exchange to be granted a licence by the Isle of Man Gambling Supervision Commission (GSC). The New York and Edinburgh-based operator hailed the GSC licence approval as a new milestone towards launching online gambling’s first blockchain-built mass market betting exchange under the BetDEX domain. BetDEX is the new venture of former …

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Nigel Eccles: Scotland to be home of BetDEX evolution of betting’s static scene  

SBC News Nigel Eccles: Scotland to be home of BetDEX evolution of betting’s static scene  

BetDEX the new venture of Nigel Eccles, former founder of FanDuel, has secured a $21 million seed funding round – “the largest ever seed executed by a UK start-up”.  A raft of investors led by San Francisco crypto fund Paradigm and Bahamas-based cryptocurrency exchange FTX has backed Eccles to transform BetDEX into the “world’s first decentralized sports betting protocol”. Last …

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