Smarkets (Malta) Limited
Smarkets (Malta) Limited is a Malta-based online betting exchange operator licensed by the UKGC since November 2014. It has a clean enforcement record across 11 years, though Trustpilot scores across its sites sit below 3.0.
Positive Signals
- Licensed since November 2014 with continuous, uninterrupted UKGC licence
- No enforcement actions recorded across 11 years of licensing
- Stability score of 100 reflecting a clean compliance history
Concerns
- Trustpilot scores below 3.0 across two domains with substantial review volumes (579 and 247 reviews)
- Malta-incorporated with no UK officer data available, limiting corporate transparency
Overview
Operator Type: Online betting exchange operator
Smarkets (Malta) Limited is the Malta-incorporated entity that holds the UKGC licence for Smarkets, a peer-to-peer betting exchange. It's been licensed since November 2014, giving it over 11 years of continuous UKGC authorisation. The trust score of 74 (Grade B) is built on a clean enforcement record and stable licensing history, though the corporate score sits at zero due to the absence of publicly available officer or director data in UK records.
Betting exchanges work differently from traditional bookmakers. Rather than taking bets against customers, Smarkets (Malta) Limited runs a marketplace where customers bet against each other, with the operator taking a commission on winnings. That model means its UKGC Betting Intermediary licence covers the platform itself, not the underlying bets placed by users. It's a less common licence type in the UK market.
Trustpilot data across its registered domains gives a mixed picture. smarkets.com scores 2.8 from 579 reviews, and getsbk.com scores 2.5 from 247 reviews. Neither crosses the threshold consumers would typically associate with a well-regarded service, and it's worth bearing in mind when assessing the operator.
Where Is This Operator Based?
Understanding where an operator is based matters for regulatory accountability. UK-based operators are subject to UK courts and consumer protection laws.
This operator is headquartered in Malta, a jurisdiction with established gambling regulation. Malta Gaming Authority (MGA) is one of Europe's most respected gambling regulators. While not UK-based, the UKGC licence ensures UK consumer protections apply.
Licence Details
Smarkets (Malta) Limited holds one active Betting Intermediary licence from the UKGC, granted on 1 November 2014 with no recorded expiry date. A Betting Intermediary licence permits the operator to run a platform through which customers place bets with each other rather than with the operator directly. This is the licence type used by betting exchanges.
| Licence Type | Status | Granted |
|---|---|---|
| Betting Intermediary | Active |
Enforcement & Compliance History
No regulatory actions recorded.
No enforcement actions recorded.
This operator has no public enforcement actions, financial penalties, or regulatory warnings on record with the UK Gambling Commission.
Corporate Structure
The operating company is Smarkets (Malta) Limited (company number C44795), incorporated in Malta and registered at Level 7, The Hedge, Triq ir-Rampa, St Julians, STJ 1062. The company is active. No officer or director data is available in UK public records, and no Persons with Significant Control are recorded. There is no identified UK parent company.
Smarkets (Malta) Limited
Active- Company Number
- C44795
- Registered Address
- Level 7, The Hedge Triq ir-Rampa, St Julians, STJ 1062
Associated Domains
Smarkets (Malta) Limited operates three registered domains: smarkets.com, getsbk.com, and betsbk.com. All three carry SSL grade A with TLS 1.3 support, though HSTS is not configured on any of them. Trustpilot data is available for two: smarkets.com scores 2.8 from 579 reviews, and getsbk.com scores 2.5 from 247 reviews.
| Domain | Brand | Status | Site Type |
|---|---|---|---|
| betsbk.com | SBK | Active | Sportsbook |
| getsbk.com | GetsBet | Active | Casino |
| smarkets.com | Smarkets | Active | Betting_exchange |