Sport trade is a sports betting exchange. First of its kind set up in the USA.
Here in the UK we have smarkets / bet fair / match book etc
Would anyone know if sport trade would ever be investable from the UK?
It’s very new and it’s basically all down to the fact online gambling laws have significantly changed in the US.
Cheers for any advice.
If we compare it to Betfair, which was founded around 1999, and listed in 2010, then given Sporttrade was founded in 2018, we may have to wait until 2029 to list on an exchange.
I’m liking to think (and hope) that as access to smartphones has boomed and the ability to be able to trade on the move was unavailable also back then, that it might not take as long
Internet speeds are faster. There was no 4G.
(I only got my first iPhone in 09)
Plus the size of the US market.
We can only live in hope that it won’t take 10 years. Super speed society!
How about Flutter Entertainment plc?
IE00BWT6H894 - LSE: FLTR; Euronext: FLTR
US3440441026 - NON-ISA OTC Markets: PDYPY
(T212 has already LSE: FLTR and OTC Markets: PDYPY)
Flutter Entertainment plc (formerly Paddy Power Betfair plc ) is an Irish bookmaking holding company created by the merger of Paddy Power and Betfair, and the later acquisition of The Stars Group. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index.
It operates under various brands including Adjarabet, BetEasy, Betfair, FanDuel, Fox Bet, Full Tilt Poker, Paddy Power, PokerStars, Sky Bet, Sportsbet.com.au, Timeform and TVG Network.
Cheers will tell my partner he’s the one keen on these kinda stocks