Matchbook completes Betdaq acquisition ahead of exchange closure
By SectorWire desk ·
Summary
Matchbook has completed its acquisition of Betdaq. The companies said the deal could increase liquidity and give customers access to larger bets at more competitive prices; they did not disclose financial terms. Betdaq will remain open for trading until 21 October, with withdrawals available until 4 November.
Why it matters
The acquisition brings two betting exchanges under one owner, while Betdaq customers have until 21 October to manage open positions.