1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. We have updated our Privacy Policy and Terms of Use, effective May 25, 2018. These changes were made primarily in preparation for the EU’s new data privacy law, the General Data Protection Regulation (GDPR). Please take a look here

    Dismiss Notice
  3. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
  4. Sister site to Casino Max launches

    Roaring 21 has just launched - sister casino to Casino Max, and they have a special promotion for you!! .They are in the Baptism by Fire - you can check them out here: Roaring 21 BBF and special promo.

    Dismiss Notice
Dismiss Notice

BGO Exclusive Promo: 25 free spins with No Wagering on Archangels Salvation

Get Up to 25 free spins on Archangels: Salvation
No wagering requirements and No Max Win cap!

New Depositing players ONLY.
Dismiss Notice

Exclusive Afterlife: Inferno New Slot Comp - Win a Break in Florence & Other Prizes

To celebrate the launch, Casinomeister has teamed up with 3 casinos to run a competition where you can win a 3-day break* in Dante's stunningly beautiful birthplace of Florence in Italy (or a cash prize of £500) along with a number of smaller prizes for the best screenshots
Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

Worldspreads chasing a million

Discussion in 'Sportsbook Information' started by jetset, Aug 5, 2007.

    Aug 5, 2007
  1. jetset

    jetset Ueber Meister CAG

    Senior Partner, InfoPowa News Service

    Recently listed spread betting firm chasing two debtors

    One of the interesting declarations stemming from the recent AIM listing of spread betting company Worldspreads was reported by the Irish publication Sunday Business Post over the weekend.

    Worldspreads is currently in litigation to recover over Euro 1 million from 2 debtors, the report reveals.

    The firm has taken High Court proceedings against one debtor who owes the company Euro 550 000, while a second individual owes WorldSpreads Euro 519 000).

    The figures are significant, given that WorldSpreads made a profit of Euro 530 000 on revenue of Euro 6.6 million last year.

    Details of the companys litigation are included in its AIM admission document. The Irish litigation dates to October 2005,when the firm started High Court proceedings after a debtors account became indebted for approximately Euro 550 000. This matter is ongoing, notice of trial has been served and counsel must now certify the matter ready to proceed to trial, according to the document.

    The second case started in March this year. A claim was issued against a customer of the group in the High Court in England to recover Euro 519 000 owed by the customer to the group pursuant to unsuccessful spread-betting transactions. No defence was filed by the defendant and an application for judgment in default was duly made and granted by the High Court on 21May 2007.

Share This Page