Spread betting specialist Sporting Index Group has strengthened its B2B arm with the acquisition of algorithmic sports trading and risk management solutions provider Touchbet.
The company said that Touchbet operates in a complementary space to its B2B division Sporting Solutions and will enhance its risk management services, through which it provides outsourced pricing and trading expertise to sports betting operators.
"Touchbet has extensive experience of providing highly automated risk management services, both for lotteries that offer sports betting and for [...]