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Webis shares slump on poor betinternet.com performance

13th July 2010 8:10 am GMT

Webis Holdings plc warned Tuesday that trading for the full year ended May 30th 2010 would be below management expectations, with the company currently reviewing its strategy for its betinternet.com fixed odds sportsbook which recorded a significant decline in turnover during the year.

Webis said that the significant fall in turnover from betinternet.com during the year was primarily as a result of reductions in online casino play, as reported previously, due to reductions in high-roller activity. [...]

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