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Legal
January 17, 2025
Spreadex Appeals CMA’s Order to Divest Sporting Index
Spread betting firm Spreadex has submitted a formal appeal to the Competition and Markets Authority (CMA)’s ruling to divest Sporting Index. The company challenges the regulator’s conclusions that the merger would create a monopoly and limit consumer freedoms in the UK’s sports spread betting market. Star Racing, which has expressed interest in acquiring Sporting Index, […]
Business
November 22, 2024
Spreadex to Sell Sporting Index Due to Monopoly Concerns
The UK Competition and Markets Authority (CMA) has ordered Spreadex to divest itself of Sporting Index due to significant competition concerns in the licensed online sports spread betting market. This decision comes after an extensive investigation into the merger concluded that the deal stifled competition and risked negatively impacting consumers. A Consolidated Market Could Hurt […]
Industry
July 26, 2024
CMA Highlights Concerns over Spreadex-Sporting Index Merger
The merger of Sports Index and Spreadex may have a detrimental impact on sports spread betting in the United Kingdom, a Phase 2 investigation of a panel with the Competition and Markets Authority (CMA) reveals. The Authority disclosed details regarding the probe Thursday, highlighting a number of concerns related to the proposed business combination. In […]
Business
April 19, 2024
Spreadex-Sporting Index Merger to Undergo Further CMA Probe
A recent acquisition, encompassing the sale of the spread betting operator, Sports Index, to Spreadex captured the attention of the Competition and Markets Authority (CMA) in the United Kingdom. The deal dates back to November when La Française des jeux (FDJ), agreed to sell Sports Index to Spreadex, a competitor in the same industry. Financial […]
Business
April 9, 2024
CMA: Spreadex and Sporting Index’s Merger May Have Created a Monopoly
The United Kingdom’s Competitions and Markets Authority (CMA) believes that the recent merger between Spreadex and the Sporting Index’s B2C business might have resulted in a substantial lessening of competition. The decision was published on April 4, providing the two parties with five working days to address the matter or have the transaction referred for […]
Sports
July 28, 2023
Spreadex Becomes UK Betting Partner of Blackburn Rovers FC
Blackburn Rovers FC, a British professional soccer team, has announced a major gambling sponsorship agreement with Spreadex, a UK-based sports betting company. Under the agreement, Spreadex has been named as the club’s official UK betting partner. The deal, signed ahead of the 2023-24 season, will see the gambling company support the club. In return, the […]
Esports
July 10, 2023
SIS to Fuel Spreadex with CS:GO Betting Content
Sports Information Services (SIS), a leading multi-content supplier of 24/7 live betting services, has agreed to provide the British operator Spreadex with high-integrity, event-based CS:GO content. As a result, the operator will secure access to many engaging esports events that will appeal to new-gen bettors. Thanks to the current deal, Spreadex has secured access to […]
Esports
November 16, 2022
SIS Launches Competitive Gaming Product with Spreadex
Sports Information Services has struck a partnership with UK-based operator Spreadex for its advanced esports betting solution and product, SIS Competitive Gaming. As a result, Spreadex will be able to provide live head-to-head events developed by SIS and featuring professional or highly skilled gamers. SIS Goes Live with Spreadex in the UK The initial coverage […]
Business
August 25, 2022
Spreadex Fined $1.6M Over AML, Social Responsibility Breaches
Spreadex was the second company in the last two weeks to be fined by the Gambling Commission in the UK after a series of AML and social responsibility breaches were again discovered following an investigation. $1.6M Towards Socially Responsible Causes The Gambling Commission (GC) is responsible for issuing licenses and regulations to gambling operators in […]
Sports
June 30, 2022
Sunderland AFC Strikes Spreadex Shirt Sponsorship Deal
Sunderland AFC announced today a three-year partnership with UK-based financial trading and sports betting company Spreadex ahead of the Sky Bet Championship 2022-23 Season. Shirt, Stadium and Digital Brand Exposure Under the terms of the deal, Sunderland players’ shirts will feature the Spreadex Sports logo during both home and away matches until the summer of […]
