Sporting Index - About the company
Sporting Index is an acquired company based in London (United Kingdom), founded in 1992. It operates as a Sports Betting company. Sporting Index has raised an undisclosed amount in funding. The company has 5191 active competitors, including 72 funded and 127 that have exited. Its top competitors include companies like Baazi Games, Splash Sports and William Hill.
Company Details
Sporting Index is a UK based company specializing in sports spread betting.
Sporting Index provides internet and telephone spread betting under the
Sporting Index and Bethilo trademarks as well as wholesale services to a
growing number of international betting and gaming operators under the
Sporting Solutions brand. In addition to its established B2C
operation (Sporting Index), the Group is also increasingly active in the
B2B sphere, supplying services to international betting and gaming
operators under its Sporting Solutions brand.
The company is authorised and regulated in the UK by the Financial
Conduct Authority and Gambling Commission.
It claims an estimated UK market share of over 70%
Key Metrics
Founded Year
1992
Location
London, United Kingdom
Stage
Acquired
Latest Funding Round
Ranked
78th among 5191 active competitors
Employee Count
2 as on Dec 31, 2021
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Spreadex (Apr 04, 2024)
Legal entities associated with Sporting Index
Sporting Index is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPORTING INDEX LIMITED CIN: 2636842 , Germany, Active | - | 2 (As on Dec 31, 2021) | ||
Spynsol Limtied CIN: - , Germany, Active | $32.1M (As on Dec 31, 2017) | 256 (As on Dec 31, 2018) |
Sporting Index's acquisition details
Sporting Index got acquired by Spreadex on Apr 04, 2024.
Click here to take a look at Sporting Index's acquisition in detail
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Sporting Index's funding and investors
Sporting Index has raised funding over 5 rounds. Its latest funding round was a Series A round on 2001 for $*****. 1 investor participated in its latest round. Sporting Index has 2 institutional investors.
Here is the list of recent funding rounds of Sporting Index:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2001 | 9239 | Series A | 3488 | 1858 | 1199 | 1375 |
1999 | 4158 | Series A | 5103 | 9393 | 9837 | |
1998 | 4504 | Series A | 6298 | 1020 | 9798 |
View details of Sporting Index's funding rounds and investors
Sporting Index's founders and board of directors
Founder? Claim ProfileSporting Index's employee count trend
Sporting Index has 2 employees as of Dec 21. The total employee count is the same as what it was in Dec 20. Here is Sporting Index's employee count trend over the years:
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Sporting Index's Competitors and alternates
Top competitors of Sporting Index include Baazi Games, Splash Sports and William Hill. Here is the list of Top 10 competitors of Sporting Index, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Baazi Games 2014, Delhi (India), Series B | Operator of online poker and sports prediction gaming solutions | $29.1M | 67/100 | |
2nd | Splash Sports 2021, Sacramento (United States), Series B | Provider of a social sports betting platform | $28.6M | 67/100 | |
3rd | William Hill 1934, London (United Kingdom), Acquired | App-based online gambling platform offering multi-category games | - | 65/100 | |
4th | bet365 2001, Stoke on Trent (United Kingdom), Acqui-Hired | Provider of an online sports betting platform for multiple sports | - | 65/100 | |
5th | LiveScore Group 1998, London (United Kingdom), Series C | Developer of betting tools for bettors | $57.6M | 63/100 | |
6th | BetMGM 2018, United States, Unfunded | Operator of an online platform providing sports and event betting | - | - | 63/100 |
7th | Midnite 2015, London (United Kingdom), Series C | Esports betting platform for players | $75M | 62/100 | |
8th | Online gambling platform | $196M | 61/100 | ||
9th | Betfair Group 2000, London (United Kingdom), Acquired | Online sports betting exchange | - | 61/100 | |
10th | Flutter Entertainment 1958, Dublin (Ireland), Public | Provider of gambling services | - | 60/100 | |
78th | Sporting Index 1992, London (United Kingdom), Acquired | Sports Betting company | - | 41/100 |
Looking for more details on Sporting Index's competitors? Click here to see the top ones
Sporting Index's Investments and acquisitions
Sporting Index has acquired Touchbet. Sporting Index has not made any investments as of now.News related to Sporting Index
Media has covered Sporting Index for a total of 2 events in the last 1 year.
•
Spreadex Forced to Abandon Sporting Index Merger After CMA RulingGambling News•Sep 22, 2025•Spreadex, Sporting Index
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CMA to Reassess Spreadex’s Acquisition of Sporting IndexGambling News•Mar 06, 2025•Spreadex, Sporting Index
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Star Sports Eyes Sporting Index Acquisition amidst UK Competition ProbeGambling News•Sep 06, 2024•StarSports, Sporting Index, Spreadex
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Spreadex and Sporting Index merger “raises provisional competition concerns” - CMAInsider Media•Jul 26, 2024•Spreadex, Sporting Index
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CMA: Spreadex and Sporting Index’s Merger May Have Created a MonopolyGambling News•Apr 09, 2024•Sporting Index, Spreadex
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Spread betting deal raises ‘competition concerns’Insider Media•Apr 04, 2024•Spreadex, Sporting Index
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Spreadex granted Enterprise Act exemptions on Sporting Index takeoverSBCNews•Jan 24, 2024•Sporting Index, Spreadex
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