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Evening Standard
Evening Standard
Business
Michael Hunter

Watchdog eyes sport spread betting merger for potential monopoly

The Competition and Markets Authority is scrutinising the impact of deal struck in the sports betting industry, amid concern that it may have created a monopoly.

Popular odds-offeror SpreadEx bought the consumer-facing business of its rival, Sporting Index, last year. The acquisition brought together two companies that provide sophisticated spread-betting options to gamblers testing their knowledge of a range of sports against a range of markets.

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