UK-listed Webis Holdings has reported a 15 per cent rise in turnover to US$142.5m for the six months ending November 30th, although an increasing cost base pushed the company to a net loss for the period.
Turnover from the company’s advanced deposit wagering platform WatchandWager rose 1 per cent to $37.8m, primarily due to an increase in high roller betting in international jurisdictions.
Webis said that its recent two-year deal with the Hong Kong Jockey Club, [...]