Matchbook has completed its acquisition of Betdaq, bringing together two of the longest‑established names in peer‑to‑peer betting and deepening liquidity across one combined exchange pool.
Founded in 2000 by Irish businessman Dermot Desmond, Betdaq was one of the earliest betting exchanges and has served exchange bettors for more than 25 years. Under the transition plan, Betdaq’s existing service — operated by EPS Ltd — will remain open for trading until 21 October 2026, with customer accounts accessible for withdrawals until 4 November 2026. Customer funds remain protected under both operators’ regulatory obligations.
Matchbook said the acquisition merges Betdaq’s heritage with its own pricing, liquidity, and technology infrastructure, creating a deeper market that supports tighter spreads, larger matched orders, and more competitive prices for customers of both exchanges. The deal arrives as peer‑to‑peer betting and prediction markets gain renewed global momentum — particularly in the United States, where market‑made pricing is reaching new audiences. iGaming BusinessiGaming Business. Matchbook acquires Betdaq in unification of two of the longest-established names in exchange betting
Matchbook, which has operated exchange markets for more than two decades, has expanded in recent years through easyBet — its partnership with easyGroup — and ADI PredictStreet, which powered prediction markets around the FIFA World Cup 2026.
CEO Ronan McDonagh said both exchanges were built on the same principle: that bettors get a better deal when prices are set by a market rather than a margin. He added that the combined pool will offer Betdaq customers clearer options, protected funds, and improved liquidity.
McDonagh emphasized that the transition prioritizes customer clarity and continuity, noting that the acquisition is part of Matchbook’s broader effort to make the exchange model “first choice” for bettors worldwide.
