Sports and casino betting site Bet3000 launches CFDs
Sports and casino betting site Bet3000 launches CFDs explained by professional Forex trading experts the “Sports and casino betting site Bet3000 launches CFDs” FX trading team.
Sports and casino betting site Bet3000 launches CFDs
LeapRate Exclusive… Blurring the lines between gambling and financial trading, LeapRate has learned that Malta-based online sports betting outfit Bet3000 will be launching CFD trading, in partnership with UK spreadbetting firm ETX Capital. The new website will offer Bet3000’s sportsbook and casino client base the chance to trade financial derivatives through the use of CFDs.
ETX Capital will be providing their CFD trading platform and customer service to the new joint venture, aimed at Bet3000’s clients.
The two worlds of online gambling and online trading have traditionally been kept separate, and indeed are separately regulated, although much of the behind-the-scenes technology developed first in the online gaming world has migrated over time to online financial trading. But financial trading and non-financial online gaming companies have typically decided to keep things separate. Until now.
For example, when online gaming firm Betfair decided a few years ago to utilize its technology and unique peer-to-peer gaming method, and enter the retail forex industry, they decided to do it with an entirely separate brand, creating LMAX.
Sports and casino betting site Bet3000 launches CFDs Conclusion
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