Smarkets receives investment from Susquehanna to expand US presence

| By Marese O'Hagan
Betting exchange operator Smarkets has announced a series B investment from Susquehanna Growth Equity, which will help Smarkets to increase its expansion across the US.

The investment is set to fund Smarkets’ market-access deals in regulated US states and develop new customer products. The operator did not reveal how much was raised, however, or the terms offered.

Smarkets had already established a US presence with its SBK sportsbook app in Colorado, with another set to go live in Indiana.

Read the full story on iGB North America.

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