By The Weekly Edge desk ·
Matchbook has completed its purchase of Betdaq, Focus Gaming News reported. Matchbook said combining the exchanges would strengthen its liquidity offering.
The acquisition brings Betdaq and Matchbook together in exchange betting.
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Linked through shared companies, regulators and people, or one step further through the graph.
The acquisition brings two betting exchanges under one owner, while Betdaq customers have until 21 October to manage open positions.
The acquisition may affect liquidity and competition in the UK betting exchange market.
Six A2FBR brands now receive OKTO PAYMENTS’ Pix processing, while A2FBR has adopted its Internet Banking service for financial management.
The settlement adds audit and investigation-cost obligations alongside the payment, while recognising the operators’ cooperation and remedial work.
Investors face Rank’s warning that further machine-duty increases could affect venue viability, employment and investment.
IG Group’s sports betting licence application follows its acquisition of US prediction market Underdog.