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 [...]