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They're Not the Only Ones

The online casino gambling companies are not the only ones benefiting from a surge in European gambling and betting – spreadbetting companies are now reporting similarly impressive results. The spreadbetting industry is really only just beginning to take off in conjunction with an increase in the general internet betting sector. Although spreadbetting companies are certainly not contained to companies that also operate online casinos and poker sites, PartyGaming has announced a new affiliated site that will target this growing sector of the internet gambling industry.

The long-term viability of a successful spreadbetting company is looking well for the online casino gambling group if the performance of other spreadbetting companies is any indication. London Capital is a large spreadbetting company operating in the UK and European gambling market, just this week the company announced that profits have increased a whopping 50 percent in just one year. That is quite impressive and wholly indicative of the fact that the spreadbetting sector is far from saturated.

According to reports from London Capital, the impressive growth is due not only to an increasing interest in the spreadbetting sector, but through the company’s lucrative partnerships with other online casinos and betting companies. Both Paddy Power and Betfair are major names in the UK betting and online gambling market, so London Capital was able to benefit from a link with these two prominent brands.

The spreadbetting industry is expected to continue expanding over the coming years, perhaps even keeping pace with the growing online casino gambling industry. Analysts predict that more niche forms of internet gambling and betting will continue to grow in popularity and keep pace with the overall growth in the market.