Spreadex ordered to sell Sporting Index after ‘creating monopoly’ Business Spreadex has been ordered to sell Sporting Index after it was ruled that the acquisition had created a monopoly. The Competition and Markets Authority (CMA) has told Spreadex to dispose of the ‘business-to-consumer’ firm after it snapped it up from Sporting Group last year. Spreadex and Sporting Index both provide sports fixed odds betting and sports [...]
Spreadex: Football focus helps turnover pass £100m Business A significant move into sponsorship of Championship football teams has helped turnover at Spreadex surge during its latest financial year. The business, which offers financial spread betting, sports spread betting and sports fixed-odds betting, is a major sponsor of clubs such as Watford, Sheffield United, Sunderland and West Bromwich Albion. Spreadex has reported a turnover of £103.2m [...]