BUSINESS

32Red launches financial fixed odds with Cantor

TAGs: 32Red, Cantor Gaming and Wagering, financial fixed odds betting

32red

In 2010, the financial results for 32Red were stamped with a gold star. 32Red saw profits double, EBITDA increase by 90% and net gaming win up 33% year on year to a record £16.95m. This year already, January and February revenues are up 29% over the same months in 2010, so when you’re that hot, you strike while the iron is still sizzling.

32Red has now announced that it has expanded its offering with the launch of a new financial fixed odds betting product through a white label deal with Cantor Gaming & Wagering Ltd.

Adding to its selection of over 450 online casino games, 32Red has added financial fixed odds betting via an integrated platform provided by Cantor, with the service being made available on the 32Red website (32Red.com).

This new financial fixed odds offering will give customers of 32Red access to fixed odds betting on a wide range of financial markets including currency pairs, commodities, and global indices.

“We’re extremely pleased to join forces with 32Red, one of the market’s leading participants, with its broad array of online games and extensive knowledge and experience in the online gaming marketplace,” said Cantor Gaming CEO Lee Amaitis in the press release. “This collaboration demonstrates the continuously widening appeal of Financial Fixed Odds betting.”

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com