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Webis eyes U.S pari-mutuel growth as annual turnover falls

15th September 2011 8:17 am GMT

Webis Holdings plc has reported an 8 per cent drop in group turnover to £105.6m for the year ended May 29th 2011, with declines across both the company’s betinternet.com sportsbook and its pari-mutuel platform, European Wagering Services Limited (EWS).

Webis’ EWS business encountered difficulties during the second half of the year in establishing a long-term payment solution for its online and telephone operations, which hindered the company’s ability to accept and return customer funds via its [...]

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