32Red, one of the most prestigious online gambling groups in the industry, has announced the launch of new sportsbetting service. The platform will offer players the opportunity to wager on a wide number of events from around the globe and promises the backing of a reputable parent company.

The Chief Executive Officer of the Gibraltar based 32Red, Ed Ware said: “We are very pleased to be launching a 32Red online betting service ahead of what should be an interesting year with England’s participation in the 2010 World Cup.”

Ware said that adding sportsbetting to the company’s existing range went a long way to completing its product range and “apart from encouraging our existing players to use 32Red for their sportsbetting requirements, will also allow us to target new areas in our existing markets.”

The new sportsbetting service, to be known as 32RedBet.com, will work off the powerful Global Betting Exchange software platform.

The Head of Marketing for 32Red, Mark Quayle also commented on the new sportsbetting product and said: “32RedBet.com means players can go from thrilling casino games in the online casino to playing poker to betting on sports within just a few clicks, making 32Red the one stop destination for exciting, professional and trusted online gambling.”

Gamblers will be able to choose from a number of international sporting events such as football, tennis, golf or horseracing. The FIFA World Cup event in South Africa next year should be a major boost for the new initiative.