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Ladbrokes and Coral owner files copyright claim against matched betting rival firms
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Ladbrokes and Coral owner files copyright claim against matched betting rival firmsGambling giant Entain sued owners behind OddsMonkeyEntain, the owner of Ladbrokes and Coral, has filed an intellectual property lawsuit against two of the largest matched betting companies, OddsMonkey and Outplayed.
Stoffel is noted to have started matched betting as a student in 2010 and used it to fund his way through university, earning over £20,000.
However, the defendant denied infringement, and Entain stated it went on to launch the claim in August.
The matched betting firms are alleged to have infringed Entain’s UK trademarks, which include the bwin, Coral, Ladbrokes, Sportingbet, Foxy Bingo, Gala, and Party Casino trademarks, across their websites and marketing materials to sell their matched betting services to customers.
An Entain spokesperson stated that “matched betting is unregulated, and the defendants [Liquidity] promote the idea that gambling is a risk-free source of income.”“The matched betting business model is a parasitic one.