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Tag Archives: Football Index

UK – Gambling Commission explains reasons for not suspending BetIndex licence earlier

Due to the number of consumers interested in its investigation into BetIndex, the British Gambling Commission has taken the decision to publish some further information about the background to its regulatory action. BetIndex, owners of Football Index, moved into administration, and immediately had its operating licence suspended by the UK Gambling Commission. Football Index, which…

UK – Gambling Commission suspends licence of Football Index

Betting fans are believed to have lost £90m after BetIndex, owners of Football Index, moved into administration. The betting company immediately had its operating licence suspended by the UK Gambling Commission. Football Index, which describes itself as ‘the football stock market,’ said that ‘after a difficult and challenging week’ the decision had been made ‘to…

UK – Customers unable to withdraw cash balances as Football Index enters administration

Following consultation with external legal and financial advisors, and the UK and Jersey Gambling Commissions, the board of BetIndex Limited has announced that the Football Index platform has been suspended as the company enters administration. Whilst a dividend restructure announced last week was described as ‘a necessary step in a business recovery plan to seek…

UK – Football Index enjoying record-breaking season as trading passes £200m

Trading on the world’s first football stock market, Football Index, where users buy, sell and build a portfolio of real-life players, has this season exceeded the £198m (€222m) world record transfer fee paid by Paris Saint-Germain for Neymar. The unique financial and football hybrid has turned over more than £200m in trades since the current…

UK – Football INDEX launches managed Affiliate Programme with Income Access

Football INDEX, developed by Jersey, Channel Islands-based iGaming operator BetIndex Ltd as the world’s first football stock market, has launched a new affiliate programme with Income Access, a technology and digital marketing services provider for the global online gaming industry. The new Football INDEX affiliate programme will be powered by Income Access’ platform and will…