London 18th June 2010. LADBROKES LAUNCHES UNIQUE DUAL PLATFORM FINANCIAL SPREAD BETTING SERVICE Ladbrokes, one of the world’s leading betting and gaming companies, today announced the launch of a new, unique financial spread betting service on its website - Ladbrokes.com. The Ladbrokes Financial Spreads offering, developed in conjunction with WorldSpreads, is unique as it operates on a dual platform giving both new and experienced spread betting customers the option of using a service specifically tailored to their needs. Unlike certain other regular spread betting services Ladbrokes Financial Spreads offers new spread bettors the assurance of limiting their losses to the amount they have deposited in their Ladbrokes account by using the “Standard Platform”. Other advantages of the Standard Platform include free guaranteed stops, spreads as low as 1 point and the ability to buy or sell movements such as the day change on any one of the 18 most popular indices and currencies including UK100, Dax, Wall Street and Nasdaq. An experienced spread bettor can switch to the “Advanced Platform” which has features including Trailing Stops to enable automatic management of your account. The Advanced Platform also enables spread bettors to trade using “Contingent Orders” where a trade is not activated until another separate order is executed (for example a buy order is not triggered until a separate sell order is completed). With the Advanced Platform a spread bettor can also be both long and short in the same market at the same time. The range of markets also extends beyond the leading indices to stock prices of the UK top 100 and 250 as well as leading Irish, European, US and South African companies. It is also possible to bet on the futures of these markets. Ladbrokes has over 765,000 active customers on its sportsbook and the new spread betting service is aimed at appealing to these customers as well as new customers seeking an easy to understand financial spread betting service. John O’Reilly, MD, Ladbrokes Remote Betting and Gaming said, “Ladbrokes customers now have the option of spread betting using a choice of platforms tailored to their level of experience and knowledge. We are committed to offering our customers the widest possible range of betting and gaming opportunities and this spread betting product is the latest demonstration of that commitment.” Ladbrokes offers a single online wallet across sportsbook, casino, poker, bingo and financial spreads. As such money can be placed in a financial spread betting account at all times, not just when markets are open. Ladbrokes Financial Spreads is also offering customers up to £300 cashback on net losses made in the first 8 weeks of opening a spread betting account. Ladbrokes Financial Spreads is a trading name of WorldSpreads Ltd. WorldSpreads Ltd is authorised and regulated by the Financial Services Authority under registration No: 230730 -endsFor additional information visit http://financials.ladbrokes.com/en, http://www.ladbrokes.com/home/en or for further information contact
Ciaran Oâ€™Brien Head of Public Relations +44 (0) 020 7355 0340 +44 (0) 7976 180173 About Ladbrokes: Ladbrokes is a leader in the global betting and gaming market with over 2,700 betting shops in the UK, Ireland, Belgium and Spain. The Company also operates betting facilities at nine FA Premiership grounds and numerous racecourses, including Ascot. In addition to its extensive retail presence Ladbrokes is a world leader in remote betting and offers thousands of betting markets on a daily basis over the telephone and the Internet at www.ladbrokes.com. The telephone betting operation, utilising call centres in the UK and Malaysia, services over 100,000 customers, while Ladbrokes.com, the Company's online betting and gaming facility, has attracted more than 725,000 active clients. Betting is available in 18 languages and 18 currencies. The site incorporates the highest levels of security, which underwrite an integrated array of sports betting and gaming services available 24 hours a day, 365 days of the year. The company, the origins of which date back to 1886, employs 16,000 people in six countries and is one of the worlds leading betting and gaming companies. About WorldSpreads Group plc: WorldSpreads Group plc (AIM: WSPR) is a fast growing financial services group offering online and telephone trading. The Group's core activity is the provision of spread betting products on the financial markets to retail clients from its website www.worldspreads.com. WorldSpreads Limited, a wholly-owned trading subsidiary of WSPR, is regulated and authorised by the Financial Services Authority. It offers a full range of spread betting prices on all the major financial markets, including stock indices, individual shares, currencies, commodities and interest rates. The Group floated on the London Stock Exchange's AIM market in August 2007 and gained a dual listing by joining the Irish Stock Exchange's ESM market in May 2008.
Risk Warning Spread betting is a leveraged product. It carries a high level of risk to your capital and, as it is possible to lose more than your initial investment, it may not be suitable for all investors. Therefore, ensure you understand the risks involved and seek independent advice if necessary. The tax treatment of spread bets may be subject to change in the future.
Ladbrokes, one of the world’s leading betting and gaming companies, today announced the launch of a new, unique financial spread betting ser...