The newly acquired group OddsJam is facing some legal trouble. Swish Analytics filed a lawsuit in San Francisco Superior Court against the odds aggregation company last month alleging that the group is unlawfully scraping and selling its data.
Swish Analytics is an odds provider for several major U.S. operators such as FanDuel and bet365. The group also has a B2C product that uses algorithms to help bettors determine wagers and improve ROI.
OddsJam is a sportsbook odds comparison tool that scrapes data from various operators so users can see all of their betting options in one place. OpticOdds, a sister company of OddsJam also named in the suit, offers an API of betting feeds from more than 200 operators that other companies can license and integrate into their own tools and websites.
Swish alleges that this scraping and sharing of odds is fundamentally undermining its business and is seeking a court to put it to a stop.
“Defendants’ conduct has also caused interference with and damage to Swish’s relationships with customers and potential customers, interference with and damage to Swish’s reputation and goodwill in the industry, attorneys’ fees and costs, lost executive time, and other damages. Swish conservatively estimates that Defendants’ conduct has caused it $100,000,000 in damages (if not significantly more), particularly if Defendants’ conduct is permitted to continue unabated,” the suit read.
While the odds information from these sportsbooks is publicly available, Swish contends that scraping that information is a violation of the terms of service of these sportsbooks.
Swish accused OddsJam of misappropriation, unjust enrichment, “hot news” misappropriation and unfair competition.
Swish is seeking injunctive relief and compensatory damages.
Last month Gambling.com Group announced it would be acquiring OddsHoldings, the parent company of both OddsJam and OpticOdds, in a deal worth up to $160 million. It is the largest acquisition in the affiliate company’s history. The deal closed on Jan. 1.
“We believe these claims are entirely without merit and we are confident they will be resolved in our favor. We intend to vigorously defend such allegations and will not hesitate to pursue our own counterclaims,” Gambling.com Group told SBC Americas.