Despite an encouraging performance from the company’s U.S-facing pari-mutuel platform, European Wagering Services (EWS), Webis Holdings plc said Friday that turnover for the year ended May 30th fell by 18 per cent to £114.2m following a significant drop in turnover from its betinternet.com fixed odds sportsbook.
Webis’ EWS business which is principally based in the U.S saw turnover increase by 8 per cent during the year to £35.0m despite the negative impact of the economic downturn [...]