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WorldSpreads’ trading update

WorldSpreads Group, an iGaming financial spreadbetting firm revealed their performance for the six months that ended in September in their latest trading update that saw a rise of active clients and trading numbers. WorldSpreads also revealed that August was their busiest trading month ever.

The firm invested in their iGaming information technology in the previous six months and because of that, WorldSpreads are now expecting to launch a new mobile trading and contracts-for-difference platforms before end of the calendar year.

WorldSpreads said that because of the policy of international expansion that they did over the period ‘is now seeing positive returns from the investment it has made’.

WorldSpreads stated that “in particular, the month of August was the busiest trading month in the history of the company.”

“The company has maintained a conservative hedging policy during this period and expects to announce top-line revenues comfortably ahead of the same period last year.”

“The company is pursuing a number of new opportunities both internationally and in the UK that the board expects to contribute to top and bottom-line growth in the current financial year. The company continues to maintain a tight control over its cost base”

“The board is satisfied with the progress the company has made in the past six months and is encouraged by the pipeline of opportunities the company has to fuel growth in the coming periods.”

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