The impact of Matchbook’s acquisition of Betdaq on the UK exchange ecosystem
By The Weekly Edge desk ·
Summary
Enda Kendrick, who has worked in senior positions at both Matchbook and Betdaq, offers an opinion on Matchbook's takeover of its rival exchange Betdaq. He argues that the deal was driven mainly by on-course bookmakers, and that Matchbook's market makers stand to benefit most. The full piece sits behind a subscriber paywall, so only this outline is available.
Why it matters
Market makers may benefit most from the takeover, while on-course bookmakers are identified as its main driver.