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Webis shares slump as losses mount

30th November 2016 10:35 am GMT

London-listed Webis Holdings has reported a 45 per cent increase in group turnover to US$224.3m for its financial year ended May 31st, its first year of trading as a solely US-based business.

The company said that turnover was boosted by significant high volume player activity through its access into the Hong Kong Jockey Club pools and France’s PMU in particular, as well as other markets in the US, Canada, Australia, UK, and Ireland.

Results for the first [...]

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