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  3. 32Red replaces CMC Markets with Cantor Gaming

32Red replaces CMC Markets with Cantor Gaming

32Red, a top notch online casino has eventually launched the new fixed odds betting product through a white label deal with Cantor Gaming & Wagering Ltd, the UK-based subsidiary of financial services giant Cantor Fitzgerald. Cantor Gaming CEO Lee Amaitis mentioned that they are extremely pleased to join forces with 32 Red as one of their market’s leading participants with their broad array of online games and extensive knowledge in the online gaming marketplace plus that collaboration demonstrated the continuously widening appeal of Financial Fixed Odds betting.

The company added further that financial fixed odds offering will give customers of 32Red access to fixed odds betting on a wide range of financial markets including currency pairs, commodities, and global indices. 32Red reported that bingo and emerging products contributed only £0.3m in revenues, less than 2 per cent of total revenues generated by the company in the year 2010.

In April 2009, 32Red has already launched 32RedSpreadbet.com. Nevertheless, the website is now no longer available and links through to CMC Markets’ website.

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        Updated: Apr 6, 2011 by Martin Lee » TAGS: No Tags