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Sporting Index Group Acquired by Private Investor

Sporting Index Group Acquired by Private Investor

Sporting Index Group, owned and operated by HgCapital, announced today that they have been sold away from their parent company, acquired by a private strategic investor. The transaction is currently pending regulatory approval, but is expected to be approved within a few weeks.

Sporting Index Group was founded in London back in 1992 and is currently one of the market leaders in sports spread betting, having provided their customers with a wide variety of sports, showbiz and political events to place bets on.

They have also developed a reputation as a provider of outsourced sports trading services, data management, business modelling, data pricing and everything else that one could need to know about if one should want to open up an online sports betting site.

“This is a really exciting time for the Sporting Index Group, its staff and its customers.  Our new owner is an excellent fit for our business.  We have a shared  vision for the future and will receive the necessary resources and expertise to help drive the future growth of both Sporting Index and Sporting Solutions.  We are excited by the opportunities that lie ahead.” Chief Executive Officer of Sporting Index Group, Warren Murphy said in a press release.

News by Daniel Allermand
Daniel Allermand - Reporter

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.


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