Latest news with #SportingIndex
Reuters
3 days ago
- Business
- Reuters
UK regulator flags competition concerns again over Spreadex-Sporting Index deal
June 5 (Reuters) - Britain's competition watchdog on Thursday renewed its concerns about Spreadex's 2023 acquisition of Sporting Index's consumer arm, saying the two companies together have a monopoly over the UK's licensed online sports spread-betting market. The Competition and Markets Authority (CMA) reopened its investigation into the deal in March after its order last November requiring Spreadex to sell the business it acquired from Sporting Group in 2023 was overturned by the Competition Appeal Tribunal (CAT) following an appeal by Spreadex. The CMA, which acknowledged errors in its initial findings due to misinterpretations of third-party evidence, has now provisionally concluded in its latest investigation that Spreadex and Sporting Index do not face any meaningful competition from other types of betting providers. Spreadex had argued that Sporting Index would have exited the market without the deal, but the CMA believes it could have been sold to another buyer and remained a competitor. Spreadex declined to comment on the regulator's latest findings. The company has until June 19 to respond with possible remedies, the CMA said.
Metro
26-05-2025
- Business
- Metro
Liverpool can reign again but promoted clubs are set to struggle
It's way too early to make predictions for next season, let alone place bets on possible outcomes regarding promotion, relegation and winning titles but what here we go anyway. The toughest question centres on which club will win the Premier League title. Newly-crowned champions Liverpool are the 21/20 favourites with Sporting Index and SpreadEx with Arsenal, unsurprisingly, second in the betting at 5/2 with bet365, Betfair, Betfred, Paddy Power and many others. Manchester City are next at a widespread 9/4 while Newcastle are 16/1 with SpreadEx and Sporting Index with Chelsea 22/1 at Paddy Power and Betfair. The Blues are each-way value at half the odds to finish in the top two given they are the most likely to spend big in the transfer market and because they qualified for the Champions League but it is definitely best for punters to save their cash until as near to the start of the season as possible to see how player recruitment pans out. It is safer to look at the relegation market where teams promoted from the second tier could make an immediate return to the Championship. Wake up to find news on your club in your inbox every morning with Metro's Football Newsletter. Sign up to our newsletter and then select your team in the link so we can send you football news tailored to you. Sunderland are no better than 2/5 with Betway to spend just 12 months in the top flight after winning Saturday's dramatic play-off final against Sheffield United at Wembley and, although they will be backed to the hilt by their fanatical Wearside support, it is unlikely their owners have pockets deep enough to fix all their maladies. Burnley have a strong defence and would boost their chances of survival if they can unearth some attacking gems to score enough goals to keep them up but that's a difficult task and they are just 4/9 with Ladbrokes, Coral and Betfred to drop through the trap door. The side which may just buck the trend is Leeds United. The Championship winners are 5/6 with the same three firms to be relegated but have a decent squad and a few strong signings could keep their heads above water. It won't be easy as Tottenham and Manchester United won't be as awful as they were this year and the likes of Bournemouth, Fulham, Crystal Palace and Brighton are now established in the top tier and will be looking at making moves up the table rather than down it. West Ham should also improve and Everton will benefit from being in their new stadium but Wolves are vulnerable if they lose Matheus Cunha and are 4/1 with Ladbrokes and Coral to finish in the bottom three. More Trending The other surprise relegation package may be Brentford at 6/1 with the same outlets as they could sell both Bryan Mbeumo and Yoanne Wissa who scored 20 and 19 league goals respectively this term. Hubert Hurkacz reached the final of the Geneva Open where he took Novak Djokovic to three sets before the Serbian won his 100th career title, as predicted here at 12/5. The 28-year-old from Poland faces out-of-sorts Joao Fonseca in the first round of the French Open at Roland Garros and should be backed to advance at 13/10 with William Hill and bet365. Ons Jabeur has reached the quarter-finals of the French Open in each of the last two renewals and is 11/10 with bet365 to beat Magdalena Frech, who has never been beyond the second round, in straight sets. MORE: Five things we learnt from brilliant and unpredictable Premier League season MORE: Premier League flops of the season featuring Man Utd, Arsenal and Chelsea stars MORE: 'I hope one day!' Tearful Trent Alexander-Arnold sends emotional message to Liverpool fans
The Independent
05-04-2025
- Business
- The Independent
Sporting Index Grand National Offer: Bet £10 Get £60 Grand National Free Bets
It's almost time for the Grand National and there are a range of welcome offers that new customers can use to bet on the most prestigious race on the horse racing calendar. There are a host of bonuses available online from the best Grand National betting sites, including bet and get offers, free bets and more. Sporting Index, one of the standout spread betting sites on the market, is offering new customers the chance to get started with £60 in free bets after signing up online and betting £10. To help our readers make the most of this Sporting Index Grand National offer, we've detailed all you need to know about how to claim your horse racing free bets. What is the Sporting Index sign up offer? The Sporting Index sign up offer and is a 'bet and get' offer where new customers can receive £60 in free bets when they sign up and wager £10. Users can claim the offer to use on the Grand National and the rest of the Grand National Festival. The Sporting Index welcome offer is one of the most valuable on the market in terms of quantity of free bets, and the relatively low stake to qualify for a Grand National offer. Customers can sign up via our link and deposit £10 before betting £10 on any sports fixed-odds market on odds of 1/2 or greater. The Sporting Index offer only requires a £10 deposit and £10 bet on any sport with odds of evens or greater. Customers will receive £60 in free bets split into £30 on fixed odds and £30 on spread betting, with a further £1 on a horse racing index bet. The free bet payouts are spread into three different tranches. After the qualifying wager is settled, the first payout of 1x £10 free fixed odds bet, 1x £5 free total goals football spread bet, 1x £5 racing winning favourites spread bet and 1x £1 horse racing race index spread bet will become available. 24 hours later, a further 1x £10 free fixed odds bet, 1x £5 free total goals football spread bet and 1x £5 racing winning favourites spread bet will be added to customers' account. 48 hours removed from the qualifying bet, customers will be credited a final 1x £10 free fixed odds bet, 1x £5 free total goals football spread bet and 1x £5 racing winning favourites spread bet. To claim free bets, users must open a Sporting Index spread betting account to use free bets on football, horse racing, and the horse racing index. Free bets expire within 28 days. Before placing your free bets, have a detailed look into what is spread betting to ensure you're familiar with the process. It is possible to lose more than your stake limit when wagering on this market on horse racing betting sites. Is there a Sporting Index Bonus Code for Grand National 2025? New customers don't require a Sporting Index bonus code to claim the Sporting Index Grand National offer. To unlock the Sporting Index welcome offer, users only need to click our link before depositing £10 and betting £10 on any fixed-odds sports market with odds of 1/2 or greater. Once the qualifying bet is settled, customers will receive £60 in free bets paid in three instalments over a three-day period. Sporting Index Grand National Offers - Lucky Double Odds Sporting Index provide Lucky Double odds as part of its Grand National offers for new and existing customers. By placing a Lucky 15, Lucky 31 or Lucky 63 that settles with only one winner, bettors get double the odds of the winning selection. Non-runner no bet promotions are not available with this promo. However, customers can use this bonus for bets on the Grand National and all races at the Grand National Festival. Sporting Index Grand National Offers - Price Boosts Sporting Index offers a host of price boosts across its fixed-odds sportsbook for horse racing events, and notably the Grand National. Customers will find these price boosts available on the front page of the betting site with markets available on races in the Grand National Festival through to the Grand National. This ensures that Sporting Index offers outstanding value on a range of markets for customers to get the most out of their successful bets of the week. Sporting Index Grand National Offers - 2nd to Rag Insurance With its 2nd to Rag Insurance Grand National offer, Sporting Index allows customers to receive their money back up to £25 in free bets if their selection loses to a 33/1 or greater outsider on races during the Grand National Festival. Users that place an outright fixed-odds bet on a race winner will be entitled to their money back up to £25 in free bets should their horse lose to a 33/1 or outsider with greater odds. Sporting Index pays out free bets on settlement of the race, and are available for 28 days. Note, this promotion may not be available for the Grand National itself. Sporting Index Grand National Offers - First Past The Post First Past The Post is available on Sporting Index during Grand National week. If your horse is first past the post and is then later demoted for causing interference, Sporting Index will honour the original result ensuring bettors are not penalised. Sporting Index make this bonus available on all fixed odds bets and spread bets on the 100 Index market for all UK and Irish racing, excluding the Grand National itself. Nevertheless, the offer runs for other races at Aintree. Responsible Gambling If you decide to engage with any of the Sporting Index betting offers highlighted on this page, remember to gamble responsibly, even when using free bets. Betting should only ever be considered a form of entertainment – it will never be a surefire way to make money. When taking advantage of Grand National offers, assume you'll lose and therefore, only wager what you can afford. Please take steps to remain in control of your time and budget. Make sure you use the responsible gambling tools offered by gambling sites such as deposit limits, reality checks, loss limits and time outs. These can stop gambling from getting out of hand. The same applies if you're using new casino sites, slot sites, poker sites or any other form of gambling. If you have gambling-related concerns, then seek independent help. There are several UK charities and institutions that offer support, advice and information, with a few listed below:
Reuters
05-03-2025
- Business
- Reuters
UK competition watchdog to reconsider Spreadex-Sporting Index deal
March 5 (Reuters) - Britain's competition watchdog on Wednesday said it would reconsider Spreadex's completed acquisition of Sporting Index's consumer-facing arm after the Competition Appeal Tribunal overturned the watchdog's previous decision. The Competition and Markets Authority (CMA) had asked Spreadex to sell the business it bought from Sporting Index in 2023 after concerns that the deal would harm competition in the market for licensed online sports spread-betting. Get the latest news and expert analysis about the state of the global economy with the Reuters Econ World newsletter. Sign up here.
