WorldSpreads agrees Victor Chandler deal

Dublin-listed financial spread betting firm WorldSpreads has signed a deal with Gibraltar-based betting company Victor Chandler International (VCI).

Under the deal, WorldSpreads will provide its financial spread betting services to VCI’s customers at a new Victor Chandler website under the brand www.victorchandlerfinancials.com for VCI, using Worldspreads’ price and operational system, with profits shared between the two companies in an agreed percentage ratio.

VCI, a family-owned company, led the exodus of British bookmakers to Gibraltar in the mid-1990s.

Thoughts: A nice deal for WorlsSpreads. This is the second white label partnership between a sports betting site and a spread betting provider, PartyGaming having entered into a partnership with City Index earlier this year.

Tags: Victor Chandler, worldspreads

This entry was posted on Saturday, December 20th, 2008 at 11:17 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.