Smarkets betting exchange turns to a fintech mindset to stand out in the gambling industry

tech.eu recently caught up with London-based betting exchange Smarkets and CEO Jason Trost to talk fintech, regulation, and its self-management culture.
Smarkets betting exchange turns to a fintech mindset to stand out in the gambling industry

London-based online betting exchange Smarkets is a company that is making a concerted effort to be different from the rest of the world’s gambling industry, which recently saw significant consolidation.

When Betfair and Paddy Power completed their merger, it cast a shadow over the wider betting business. What kind of impact would this newly-formed giant have on other companies and exchanges like Smarkets? Would it stifle competition?

CEO Jason Trost isn’t fazed by the merger or its effects on his company.

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