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Evening Standard
Evening Standard
Holly Williams

Prediction markets launch helps drive Plus500 revenues to three-year high

Plus500 earnings and revenues have fallen amid subdued trading demand (Alamy/PA) -

A move into booming prediction markets has helped trading platform firm Plus500 deliver its highest first-half revenues for three years.

The FTSE 250-listed business said its launch into the prediction markets sector in February, followed by sporting events in June, is set to drive annualised turnover from the division of around 140 million dollars (£103.7 million).

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