RNS Number : 5825P
Worldspreads Group PLC
20 July 2010
WorldSpreads Group plc (the "Group")
188BET Partnership Agreement
WorldSpreads Group plc is pleased to announce that its UK subsidiary, WorldSpreads Limited ("WorldSpreads"), has signed an exclusive agreement with 188BET to provide a financial spread betting service to their global customer base.
Under the terms of this new partnership, WorldSpreads will provide 188BET's clients with an online trading service (www.188financialspreads.com) which will offer highly competitive prices and the ability to trade the most popular financial markets including indices, currencies, equities and commodities. 188BET will promote this service to its extensive database of customers through its existing marketing channels under its own brand.
Conor Foley, Group CEO WorldSpreads, said: "We are delighted to form a partnership with one of the world's leading bookmakers. 188BET is a genuine global player and we are confident that our product and service will prove to be extremely popular in Asian markets in addition to the UK and European markets where it is already market leading."
Andy Scott, 188BET Chief Executive, said: "Financial spread betting is an obvious extension to our product offering and will be well received by 188BET customers. I'm delighted that we've found the ideal partner to offer these excellent products to our customers."
For further information, please contact:
WorldSpreads Group plc
Conor Foley, Chief Executive Officer / Niall O'Kelly, Chief Financial Officer
+353 (0)1 775 5210 / +44 (0)20 7398 5100
Collins Stewart Europe Limited
Tom Hulme / Ileana Antypas
+44 20 7523 8350
+353 (0) 1 611 9200
This information is provided by RNS
The company news service from the London Stock Exchange