News From the Wire

14:57:56 (UTC) 03-17-2026

Early Warning Services expands Paze® online checkout to Citi

14:56:38 (UTC) 03-17-2026

New Cariqa partnerships expand unified European pricing, payments, compliance

14:54:10 (UTC) 03-17-2026

Bybit CEO Ben Zhou meets Georgian Prime Minister, aids compliance-led growth

14:48:51 (UTC) 03-17-2026

Austin Telco FCU, MANTL partner to modernize retail account opening

14:45:49 (UTC) 03-17-2026

Finastra strengthens capabilities with AI Center of Excellence, leadership appointment

14:44:01 (UTC) 03-17-2026

Neema–Alipay partnership to enable FIs to reach almost anyone in China

14:42:51 (UTC) 03-17-2026

TreviPay, NextMove by Cintra to launch NextPass Business: Pay by Invoice

14:40:21 (UTC) 03-17-2026

Monavate, Chargebacks911 partner on plug-and-play dispute management



News from the Wire

Transactions surged 41% during UK's Cheltenham Festival, data reveals

Tuesday, March 17, 2026 — 14:36:59 (UTC)

Data Reveals 41% Surge in Transaction Volume During UK’s Cheltenham Festival

Edinburgh, 17 March 2026: New transaction data from the 2026 Cheltenham Festival has highlighted the growing technical demands on the UK’s payment infrastructure, as online sportsbooks managed a record £51.4 million in payins over the four-day event.

Across the event, 2.1 million inbound transactions were processed by these merchants as punters placed wagers on races, with transaction volumes rising 41% compared with the previous week.

The figures reflect activity across online UK sports betting operators using the BR-DGE platform and provide an important insight into wagering behaviour at the four-day racing festival.

Operators also had to support a large volume of payouts, with 316,000 withdrawals recorded across the four-day event at a combined value of £30 million.

Notably, the prestigious Gold Cup Day alone saw 534,000 betting transactions processed with an average deposit value of £30.

Average payment throughput across the event was recorded as 6.4 Transactions Per Second, (TPS) a 40% increase compared with the previous week. However, the average rose to 9.4 TPS between 1-7pm, showing a 50% increase week-on-week, with peaks on each day reaching as high as 34 TPS.

Over all four days, the most commonly used payment methods were Visa, Mastercard and Apple Pay.

Commenting on the data, Jacob Spencer, CRO of BR-DGE, said: “Online betting operators perform at scale during major sporting events, when transaction volumes increase rapidly and payment performance is put under pressure. During Cheltenham Festival, when betting activity typically concentrates around race start times and peaks like the Gold Cup, it’s imperative that operators can handle those continuous waves of peak moments, without slowing or restricting transactions.”

During peak betting periods, payment systems must be able to handle large volumes of transactions, for both payins and payouts, while keeping card data secure. BR-DGE’s intelligent routing and tokenisation capabilities are vital in ensuring their merchants’ payments flow smoothly across multiple payment networks and providers.

BR-DGE’s growing presence within the gaming and betting sector is a reflection of operators’ increasing adoption of independent orchestration layers that support scale, maintain payment performance and reduce dependence on single providers.

ENDS

About BR-DGE

Founded in Edinburgh in 2018, BR-DGE is a global payment orchestration platform. It serves iGaming and gambling operators across multiple markets including William Hill, LiveScore Bet, Betfred, and Tombola, as well as a range of other enterprise merchant customers.

Designed for complex, high-volume environments, the platform provides a single integration for managing payment flows across providers, giving operators greater control and flexibility without being tied to a single supplier or infrastructure. For gaming operators, BR-DGE Vault supports interoperable tokenisation across both network tokens and PSP-issued tokens within a single PCI-compliant environment.

BR-DGE also connects to a global range of payment methods and partner solutions, including Visa, Mastercard, PayPal, Discover, Trustly and Kount. Its modular architecture is designed to support scale, reliability and faster change as operational needs evolve.

Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

Source: Company press release.

Categories: Reports and research

skyscraper ad