Matchbook acquires Dermot Desmond’s Betdaq for undisclosed sum

The deal will combine two heritage brands during a renaissance for betting exchanges globally Matchbook today (14 October) announced its acquisition of Dermot Desmond’s Betdaq for an undisclosed sum. The existing Betdaq service , operated by EPS Ltd, will remain open for trading until 21 October to allow an orderly transition. Customer accounts will be open for withdrawals until 4 November. It follows Desmond, currently listed as Ireland’s ninth richest person, founding the business in 2000. At the time, the company was among one of the earlier betting exchanges in the world.