WorldSpreads announces new partnership
SPREAD betting firm WorldSpreads announced its latest partnership with 188Bet, one of the world’s largest online bookmakers, yesterday. It will provide all financial spread betting services to 188Bet’s customers, including equities and currencies trading.
This deal comes hot on the heels of WorldSpreads partnership to provide the same service to bookmaker Ladbrokes, which was announced in February.
WorldSpreads chief executive Conor Foley has said in the past that he wants to pursue these tie-ups as a low-cost way to grow the business.
188Bet is a successful player in the Asian market and has a large presence in both China and Thailand. WorldSpreads will initially focus on 188Bet’s UK business, however, it hopes to move into its Asian business in the future. WorldSpreads only Asian presence is Malaysia.