Sportingbet is a British online gambling operator, owned by Entain plc. The company was listed on the London Stock Exchange 🧬 and was a constituent of the FTSE SmallCap Index prior to its acquisition by GVC holdings.

History [ edit ]

In February 🧬 2007, Sportingbet announced it was eliminating its Paradise Poker software and migrating players to its Sportingbet Poker platform. Prior to 🧬 this, the two platforms had approximately the same number of players, but the Sportingbet platform had higher liquidity because that 🧬 platform was part of a larger network. The brand name of Paradise Poker was retained.[8]

Sportingbet operates local-focused sportsbooks, virtual games 🧬 and casino sites, and the online poker cardroom, Paradise Poker. Overall, the company has over 2.5 million registered customers in 🧬 200 countries, who place over one million bets (casino, poker, sports and virtual games) per day.

Sportingbet operates several websites. The 🧬 largest of these are wholly owned and operated by Sportingbet. They also use a system similar to a franchise, in 🧬 which independent website operators use Sportingbet's centralised software, financial services, trading, and customer service under license. These web sites receive 🧬 a cut of the profits their customers generate.