company industry financial services founded 1992 headquarters london uk key people mark redwood non exec chairman warren murphy ceo ronnie whelan business development director simon trim managing director martin pates finance director paul turner marketing director robert cowie cto number of employees 225 slogan world leaders in sports spread betting website www.sportingindex.com sporting index is a british based company specialising in sports spread betting . it claims an estimated uk market share of over 70 % . 1 sporting index provides internet and telephone spread betting under the sporting index and bethilo trademarks as well as wholesale services to a growing number of international betting and gaming operators under the sporting solutions brand . citation needed contents 1 history 2 operations 3 regulation 4 references history edit sporting index was founded in april 1992 with 5 members of staff and a handful of clients . citation needed in july 2001 sporting index launched the first fully interactive internet based sports spread betting website . 2 since 2004 sporting index has also hosted casino and sports related virtual games based on the concept of spread betting . during the 1999 cricket world cup sporting index s traders underestimated the total number of wides in the tournament which ended up costing the company 500 000 after the public were advised on the bet in betting newspaper racing post . 3 4 in 2002 uk private equity firm duke street capital backed a management buyout of sporting index led by then ceo richard glynn for 52.7 million . 5 a secondary buyout saw hgcapital acquire the company from duke street capital for a total cash consideration of 75.8 million in october 2005 . 6 in march 2016 simon trim was appointed as the new sporting index ceo following the departure of warren murphy . 1 operations edit with offices based in london the company does international betting taking bets via its websites mobile phone applications and through voice telephony . citation needed the group s b2b division sporting solutions supplies a number of leading bookmakers including william hill and the tote . 7 regulation edit sporting index is authorised and regulated by the uk s financial conduct authority fca . 8 references edit kollewe julia 2005 10 19 . sporting index bought by hg capital for 76m . the independent . cool deal for sporting index . the gambling press online . hay phil 2003 01 06 . day experts were wide of the mark . sporting life . bookies on the back foot . bbc sport . 2003 03 08 . goodman matthew 2002 12 08 . sporting index in 55m sale . the sunday times . hgcapital puts its money on sporting index . edinburgh evening news . 2005 10 19 . sporting index picks boss . sunday times . 2011 01 09 . sporting index . fsa register . retrieved from https en.wikipedia.org w index.php title sporting index & oldid 722849612 categories companies based in londoncompanies established in 1992hidden categories all articles with unsourced statementsarticles with unsourced statements from july 2010use dmy dates from february 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 30 may 2016 at 14 01 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view