Sporting Index
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Sporting Index - overview
Established
1992
Location
London, -, UK
Primary Industry
Travel & Leisure
About
Sporting Index is a specialist in sports spread betting, providing innovative betting solutions across various sports markets, including football and tennis, with a strong focus on real-time updates and in-play betting options. Founded in 1992 in London, UK, Sporting Index operates in the sports spread betting sector, allowing customers to bet on diverse outcomes. The company underwent a Trade Sale in March 2015, when HgCapital exited its stake for GBP 40 million. The CEO is Andy Wright.
Sporting Index specializes in sports spread betting, offering a diverse array of products across various sports markets, including football, tennis, cricket, basketball, e-sports, and greyhound racing. Their core offerings allow customers to place bets on a range of outcomes, emphasizing real-time market updates and in-play betting options. This approach allows users to engage with live events, adjusting their strategies as the action unfolds. The company serves a wide client base, including recreational bettors and serious gamblers, primarily in the UK and Ireland.
Additionally, Sporting Index enhances the user experience through virtual sports and streaming services, ensuring customers have access to a comprehensive betting platform. In the most recent financial year, 2022, Sporting Index generated revenue of GBP 12,097,801. 30, with an EBITDA of GBP -7,040,250. Sporting Index is focused on expanding its product range and enhancing its platform capabilities.
The company aims to introduce new features intended for a better betting experience, though specific release dates are not currently available. Future growth may also involve exploring markets beyond the UK and Ireland to reach new customer segments. The strategic investment from the Trade Sale in March 2015 will likely support these growth initiatives.
Primary Industry
Travel & Leisure
Sub Industries
Recreational Hobbies & Sporting Goods, Casinos & Gambling
Website
www.sportingindex.com
Verticals
Big Data
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Sporting Index - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Sporting Index | - | ||||||||
| Secondary Buyout | Completed | Sporting Index | - | ||||||||
| Secondary Buyout | Completed | Sporting Index | - | ||||||||
| Growth | Completed | Sporting Index | - |
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