PRESS RELEASE |

Brokereo becomes official CFD Partner of Euroleague Basketball

The online broker to expand its penetration in the European market

Euroleague Basketball is pleased to welcome Brokereo as its official CFD (Contract for Difference) partner for the 2021-22 season. Founded in 2020, Brokereo has been steadily gaining ground in the online trading industry.

The online broker of a new generation, Brokereo will have a bold presence in Europe's premier basketball competitions, which offer the perfect pan-European showcase to increase Brokereo's penetration into the European market.

"We are very proud to welcome Brokereo to the Euroleague Basketball family. The online trading industry has experienced enormous growth in recent years," Roser Queralto, Euroleague Basketball Chief Business Officer, said. "Brokereo is a dynamic company that has taken a fresh approach to the online trading of CFDs, aiming to provide a new experience to its customers just like Euroleague Basketball has been evolving over the years to provide the best possible experience to all its fans."

Brokereo's marketing strategy dovetails with Euroleague Basketball in that it has a special focus in onservicing Western European countries. The EuroLeague has enjoyed a rapidly growing presence in Western Europe. For example, fan interest in Germany and Italy has risen 39% over the past two years.

"Our platform is all about putting your skills into action and enjoying the experience as a whole, which is very much in line with the Euroleague's approach," Denys Denisov, Brokereo's Executive Director, said. "We also share the vision of building a top-tier brand and product that sets a benchmark for others to follow."

Euroleague Basketball (EB) is a global leader in the sports and entertainment business, devoted to running the top European competitions of professional basketball clubs under a unique and innovative organizational model. Owned and administered by some of the most successful and historic clubs in the world, EB manages and organizes the continent’s two premier men’s basketball competitions, the Turkish Airlines EuroLeague and the 7DAYS EuroCup, as well as the sport’s premier under-18 showcase, the EB Adidas Next Generation Tournament.

The EB competitions bring the elite of European basketball to all five continents and to the entire sports community through the OTT platform EuroLeague TV. EB also organizes a series of community and educational programs. Its ground-breaking corporate social responsibility program One Team features all EB clubs that have already made a difference in the lives of over 22,000 participants. Its Sports Business MBA trains future professionals in sports management.