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Smarkets

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Smarkets Files for CFTC License to Enter U.S. Prediction Markets

 1024 683 The HALLO ECHO
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Smarkets, one of the UK’s leading prediction markets, has filed for a license with the U.S. Commodity Futures Trading Commission (CFTC), marking its formal entry into the U.S. prediction markets space. Built on nearly two decades of technology development and approximately $50 billion in lifetime trading volume, the company is bringing a genuinely different model…

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Smarkets Fined £630,000 for AML and Social Responsibility Failings

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  The UK Gambling Commission (UKGC) has handed a £630,000 fine to betting exchange Smarkets after identifying a series of anti-money laundering and social responsibility failings, including letting a player deposit a six-figure sum without appropriate checks. According to UKGC, Smarkets allowed customers to gamble without carrying out sufficient source-of-funds checks, while the operator was…

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Sweden’s Konsumentverket Issues Warning to Licenced Online Gambling Operators

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  Swedish consumer affairs agency Konsumentverket has issued a warning to licenced online gambling operators about their duty to provide customers with balanced and equitable conditions. The agency reported that it had found numerous flaws having conducted a study of terms and conditions randomly selected by 13 operators. AG Communications, Bayton, Blue Star Planet, ComeOn…

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Smarkets introduces betting exchange to Swedish market

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  Betting exchange Smarkets has launched in Sweden after receiving approval from the national regulator. The London-headquartered company operates one of the world’s leading peer-to-peer platforms for trading on sport, politics and current affairs, and it is now available to users in Sweden at smarkets.com. Smarkets will become the second licensed betting exchange in Sweden,…

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