Victor Chandler Group Launching Financial Spreadbetting Site

Monday December 29, 2008

Following the launch of its internet casino at VC Casino last week, online gaming provider Victor Chandler Group has now signed an exclusive 'white-label' agreement with financial spread betting firm WorldSpreads Group.

Under the terms of the agreement, Dublin-based WorldSpreads will provide global clients of Victor Chandler with financial spreadbetting services enabling them to have access to more than 4,000 market instruments such as stock indices, currencies, commodities and individual shares.

"We are delighted to have formed this association with one of the most respected names in international sportsbetting and gaming, which has deservedly built a reputation in the sector for a pioneering approach to customer service and international marketing and distribution," said Conor Foley, Chief Executive for WorldSpreads.

"WorldSpreads will be able to offer all of Victor Chandler's clients access to the financial markets via our new web-based trading platform and believe that our shared commitment to innovation and agility will help to forge a long partnership."

The new service has been given a launch date in January and will be operated by WorldSpreads at VictorChandlerFinancials.com.

"Our agreement with WorldSpreads enables us to offer what we believe will be a very popular additional product for our customers to enable them to access the exciting world of the financial markets," said Michael Carlton, Chief Executive Officer for Victor Chandler Group.

"Further, we believe that the very high levels of media attention currently afforded to the volatility in the prices of financial products support the timing of our entry into this market."