Casinomeister News Casinomeister News

WORLDSPREADS TO LIST NEXT WEEK

Online Casino News

3 August 2007

Irish financial and sports spread-betting firm to float on AIM


The Irish financial and sports spread-betting firm Worldspreads hopes to raise in the region of Euro 8 million in development capital next week when it launches on the London AIM with a market capitalisation target of Euro 37 million.

Founded in Dublin in early 2000 by Conor Foley and Brian O'Neill, WorldSpreads offers prices by telephone and online on a wide range of sports and financial markets, including individual shares, stock indices, currencies, commodities and interest rates and is reported to have a client base of at least 2 000 members. It is registered with the FSA in Britain.

The firm has offices in London, Dublin, and Athens and joint venture arrangements with partners in Spain, Germany, Austria, Hungary and South Africa.

CEO Foley worked in the financial services sector for 11 years before founding Worldspreads and has a Masters in economics from the University of Dublin. He was Chief Dealer with Smurfit Paribas Bank from 1995-1998 (having joined the bank in 1989) with overall responsibility for the risk management of the bank's foreign exchange. He has twice been shortlisted by Ernst & Young for Entrepreneur Of The Year in Ireland.

His co-founder is chief operations officer at Worldspreads, Brian O’Neill, who had 12 years experience in investments and treasury with various financial institutions in Dublin prior to establishing WorldSpreads. He was responsible for both the currency management and interest rate management of the liabilities of the Insurance Corporation of Ireland, from 1990 to 1995. He moved to Irish Life Investment Managers in 1995, where among other tasks, he researched and set up benchmarks for the quality and efficiency of trading. He is a finance graduate from University College Limerick.

Online Casino News courtesy of InfoPowa

More news here.

Follow Casinomeister on Twitter!
Rogue Announcement

Libertyslots - Not Recommended

They have a secret gaming license...
Read about it here.
Rogue section here...
Casinomeister Special Report
The Meister's GiGSE San Francisco Report

If reading about crackheads and the i-Gaming industry floats your boat, check this out here!

The Full Report
Casinomeister's Webcast!

Casinomeister's Webcast
- Bad manners, Purple Lounge Faceplant, Vortran's casino warning...
LAND CASINO LAUNCHES ONLINE OPERATION

Aristocrat has provided internet action for Maryland Live!

More info here
More news here...