M&A

Sporting Index strengthens B2B arm with Touchbet acquisition

Spread betting firm says deal will enhance its risk management services

Sporting Index Group has acquired the sports trading and risk management business, Touchbet, for an undisclosed sum, the firm announced this morning. Sporting Index said Touchbet would be integrated into its B2B arm, Sporting Solutions and would enhance the risk management service it provides to sportsbooks. Touchbet is owned by Magnus Hedman, who bought Sporting…

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