Sports betting

Poll: Is Betfair vulnerable to exchange competitors?

Betdaq, Matchbook and Smarkets are all spending big in an effort to close the gap on the market leading ‘machine’

Ladbrokes Coral-owned Betdaq became the latest exchange to throw down its challenge to Betfair last week, slashing its commission rate to 2% across the board and pledging a “series of additional improvements”. Betdaq, which recently launched its new #ChangingForTheBettor campaign, also noted it was receiving “significant backing” from the Ladbrokes Coral Group, which could portend…

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