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UK Antitrust Regulator to Reopen Spreadex-Sporting Index Deal Probe

Published by Global Banking & Finance Review®

Posted on March 5, 2025

1 min read

Last updated: January 25, 2026

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Tags:customers Competition financial community UK economy financial sector

Quick Summary

The UK's CMA will reassess Spreadex's acquisition of Sporting Index after the CAT overturned its previous decision, impacting the sports spread-betting market.

UK Regulator to Reassess Spreadex's Acquisition of Sporting Index

(Reuters) -Britain's competition watchdog said on Wednesday it would reconsider Spreadex's completed acquisition of Sporting Index's consumer-facing arm after the Competition Appeal Tribunal (CAT) overturned its previous decision.

The Competition and Markets Authority (CMA) had asked Spreadex to sell the business it bought from Sporting Index in 2023 after concerns that the deal would harm competition in the market for licensed online sports spread-betting.

Spreadex had appealed the CMA's decision with the CAT which was upheld on March 4, requiring the regulator to re-investigate the deal, the CMA said.

"We hope that in this new review, the CMA will be able to reach a .. decision that best serves the interest of Sporting Index, its customers, and the wider UK economy," a spokesperson for Spreadex said in an emailed statement to Reuters.

(Reporting by DhanushVignesh Babu and Prerna Bedi in Bengaluru; Editing by Maju Samuel)

Key Takeaways

•The CMA will reassess Spreadex's acquisition of Sporting Index.
•The Competition Appeal Tribunal overturned the CMA's previous decision.
•Spreadex was initially asked to sell the acquired business.
•The deal impacts the online sports spread-betting market.
•Spreadex hopes for a favorable decision in the new review.

Frequently Asked Questions about UK antitrust regulator to reopen Spreadex-Sporting Index deal probe

1What is the CMA's stance on the Spreadex-Sporting Index deal?

The CMA has expressed concerns that the acquisition could harm competition in the market for licensed betting.

2What did the Competition Appeal Tribunal decide regarding the CMA's investigation?

The Competition Appeal Tribunal upheld Spreadex's appeal, requiring the CMA to re-investigate the deal.

3What does Spreadex hope for in the new review by the CMA?

Spreadex hopes the CMA will reach a decision that best serves the interests of Sporting Index, its customers, and the wider UK economy.

UK Regulator to Reassess Spreadex's Acquisition of Sporting Index

Spreadex had appealed the CMA's decision with the CAT which was upheld on March 4, requiring the regulator to re-investigate the deal, the CMA said.

(Reporting by DhanushVignesh Babu and Prerna Bedi in Bengaluru; Editing by Maju Samuel)

Key Takeaways

•The CMA will reassess Spreadex's acquisition of Sporting Index.

•The Competition Appeal Tribunal overturned the CMA's previous decision.

•Spreadex was initially asked to sell the acquired business.

•The deal impacts the online sports spread-betting market.

•Spreadex hopes for a favorable decision in the new review.

Frequently Asked Questions

1What is the CMA's stance on the Spreadex-Sporting Index deal?

The CMA has expressed concerns that the acquisition could harm competition in the market for licensed betting.

2What did the Competition Appeal Tribunal decide regarding the CMA's investigation?

The Competition Appeal Tribunal upheld Spreadex's appeal, requiring the CMA to re-investigate the deal.

3What does Spreadex hope for in the new review by the CMA?

Spreadex hopes the CMA will reach a decision that best serves the interests of Sporting Index, its customers, and the wider UK economy.