EML Payments partners with betting exchange BETDAQ

Company News

by Kathy Skantzos

Payment solutions company EML Payments (ASX:EML) has announced a gaming partnership for its European wholly-owned subsidiary with sports betting exchange BETDAQ.

The multi-year partnership is for the provision of branded reloadable cards used for betting.

The cards can be used by BETDAQ customers to access their winnings immediately and remit funds back into their gaming account.

BETDAQ is a brand within London-based betting company Ladbrokes Coral Group, offering exchange betting on a variety of national and international sporting events through its website.

BETDAQ is owned and operated by LC International and has offices in Gibraltar and Dublin staffing 200 employees.

Shares in EML Payments (ASX:EML) are trading 2.31 per cent higher to $2.21.
 

Kathy Skantzos

Finance News Network
Kathy presents the Market Outlook and ASX company news. She joined FNN in September 2017. She has been in print and online journalism for over 9 years. She also worked in corporate communications.