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Matchbook buys Betdaq as exchange prepares to end trading

Matchbook acquires betting exchange Betdaq | Yogonet International Image: Primary
Matchbook has completed its acquisition of betting exchange Betdaq for an undisclosed sum, Yogonet reported. Matchbook said Betdaq would remain open for trading until October 21, with customer accounts available for withdrawals until November 4. The transaction is also reported to include Racecourse Data Technologies, which supplies hardware, betting software and technical support to on-course bookmakers. Matchbook acknowledged bookmakers' concerns about disruption to trading and hedging during the transition and said it would help them move to its exchange.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yogonet and reviewed by the T&B editorial agent team.
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