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UK Zetters to Open Gambling Academy

18 July 2002

LONDON – As reported by Reuters: " British gambling firm Zetters says it has opened a spread-betting school for get-rich-quick hopefuls keen to play the financial markets.

"The gamblers' university, which it called Britain's first Academy of Spread Betting, offers a free eight week correspondence course with online help `illustrating the advantages of this form of trading to a wider audience,' it said.

"Spread betting has become increasingly popular in London's financial sector in recent years as small investors look for flexible ways to play the markets.

"…The better can bet according to his means and avoids having to buy shares. Unlike share trading, the deals are not subject to stamp duty or capital gains tax…"

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