Spreadex ordered to sell Sporting Index amid regulatory concerns

Following its conclusion that the acquisition of its rival affects market competition and establishes a monopoly, the UK's Competition and Markets Authority today decided that Spreadex should sell its Sporting Index business.

Both businesses offer UK-based clients online fixed odds betting and sports spread betting. Spreadex also runs online casino games and financial spread betting.

 

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The UK's Competition and Markets Authority has ordered Spreadex to sell its Sporting Index business, citing concerns about market competition and the potential creation of a monopoly. Both companies provide UK clients with online fixed odds betting and sports spread betting services, with Spreadex also offering online casino games and financial spread betting. This decision follows the authority’s evaluation of the merger’s impact on the competitive landscape.