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Spreadex profits rise as in-play football dominates sportsbook

12th August 2013 8:32 am GMT

UK-based spread betting firm Spreadex has seen the number of bets placed on football double over the past three years as the company’s pre-tax profits grew by more than 25 per cent for the year ended May 31st.

Turnover for the year increased by 14 per cent to £29.4m compared to the same period a year ago, with profit before tax climbing 25 per cent to £14.4m.Spreadex managing director Jonathan Hufford credited “encouraging levels” of [...]

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