Matchbook completes acquisition of betting exchange Betdaq

Betdaq will keep trading until 21 October 2026, with withdrawals open until 4 November 2026, as the businesses transition.

Matchbook has completed the acquisition of betting exchange Betdaq. The companies did not disclose financial terms.

The existing Betdaq service, operated by EPS Ltd, will remain open for trading until 21st October 2026 to allow an orderly transition. Customer accounts will remain open for withdrawals until 4th November 2026.

Matchbook said customer funds remain protected in line with both operators’ regulatory obligations throughout the transition. Betdaq customers can find key dates, a detailed FAQ and their options at betdaq.com.

Ronan McDonagh, CEO of Matchbook, said: “Betdaq and Matchbook grew up proving the same idea — that bettors get a better deal when prices are made by a market rather than a margin. A quarter of a century on, that idea is winning: exchanges and prediction markets are bringing peer-to-peer pricing to new audiences around the world, and this acquisition deepens the pool at the heart of everything we build.

“Our first priority through this transition is Betdaq’s customers: their funds are safe, their options are clear, and in one combined pool they should find better prices and deeper liquidity than either exchange could offer alone. Everything we are doing — this deal included — is about making the exchange first choice.”

Betdaq was founded by Dermot Desmond in 2000. Matchbook said it has operated exchange markets for more than twenty years and has expanded in recent years through easyBet, its partnership with easyGroup, and ADI PredictStreet, its entry into prediction markets around the FIFA World Cup 2026.