PartyBet and Sporting Index team up

[jetset]

PARTY BETS BUILDS ALLIANCE WITH SPORTING INDEX

PartyBets Doubles Up With Sporting Index

The London listed online gambling group PartyGaming has launched a fixed odds horse racing service on its PartyBets.com platform through an alliance with Sporting Index. The new service features full coverage of UK, Irish and premier international race meetings including unique early prices, ante post markets and specials.

All horse racing odds compilation and associated trading advisory services for PartyBets.com are being provided by Spin Services, a newly created wholesale division within Sporting Index. The PartyBets racing service launch is also being supported with an innovative promotion where winnings are doubled on the first and fifth bet for all new customers.

A spokesman for PartyGaming said: "The traders at Sporting Index are well known for being amongst the very best in the industry and have made the company the recognised world leader in spread betting. Teaming up with Sporting Index to expand our fixed odds betting services is a winning combination."

Richard Glynn, CEO of Sporting Index, said: "Spin Services has been designed to assist the wider gambling and gaming industry with all its trading needs. We are delighted to be enabling PartyBets to offer its customers a first-class comprehensive horse racing service."

PartyBets.com was launched in November 2006 following the acquisition of Gamebookers, a non-US-facing sports book, in August 2006. Both PartyBets.com and Gamebookers.com are fully integrated on the Party-branded gaming platform. Bets can be laid on a wide range of sporting events in 11 languages and wagers can be made in several different currencies