Samvo Group
From Wikipedia, the free encyclopedia
Samvo Group (2004 – 2017) specialized in program trading, bookmaking, sports betting brokerage services, betting cafés, igaming and peer-to-peer gaming. Samvo Group had offices located in London, Guernsey and Hong Kong.
Founded in 2004 by Frank Chan, the company originally began as a telephone bookmaking operator and grew to offer online sports betting, casino and poker products.[1] With headquarters in London and offering competitive prices on their Asian Handicap market, Samvo offered a blend of Asian and European betting styles.[2]
In 2005, the company launched its first online portal, SamvoBetBroker.com, a sports betting brokerage for both clients and professional betting syndicates.[3] In 2006, Samvo Group began development of quantitative models and automated trading, which was developed in 2008, followed by the launch of a semi-automated trading platform in 2009.[4] The automated trading system combined Samvo Group's brokerage, bookmaking and program trading operations into one exchange.
In 2014 Samvo Group launched its automated betting portal, Samvo Bethub.