Samvo Group

Samvo Group

Company type	Private
Industry	Gambling
Founded	2004 (2004)
Founder	Frank Chan
Defunct	2017 (2017)
Headquarters	London , United Kingdom
Area served	United Kingdom, Curacao, Alderney
Products	Program trading, bookmaking, brokerage services for sports betting, betting cafés, igaming, peer-to-peer gambling

Samvo Group (operational from 2004 to 2017) focused on program trading, bookmaking, brokerage services for sports betting, betting cafés, igaming, and peer-to-peer gambling activities. The company maintained offices in London, Guernsey, and Hong Kong.

History

Established in 2004 by Frank Chan, Samvo initially operated as a telephone-based bookmaking service before broadening its offerings to include online sports betting, casino games, and poker products. With its headquarters in London, the firm was known for providing competitive rates on the Asian Handicap market by combining elements of both Asian and European wagering approaches.

In 2005, the company launched its inaugural online platform, SamvoBetBroker.com, catering to individual clients as well as professional betting syndicates. By 2006, Samvo had developed quantitative analytics and automated trading solutions, which led to the release of a semi-automated trading platform in 2009. This innovation merged Samvo's brokerage, bookmaking, and program trading functions into a single exchange system.

In 2014, Samvo unveiled its automated betting platform named Samvo Bethub.

Licenses

Samvo Group possessed gaming permissions in the United Kingdom, Curacao, and Alderney, including official approval from the United Kingdom Gambling Commission (UKGC) alongside the Curacao Gaming Commission.

External links

• Official website