Pari-mutuel slump impacts Webis in H1

3rd February 2012 9:21 am GMT

Online gaming operator Webis Holdings plc has reported a 4 per cent drop in turnover to £53.5m for the six month period ended November 27th, following a significant decline from the company’s pari-mutuel platform, European Wagering Services Limited (EWS).

Webis said that it had been a difficult trading period for EWS due to the ongoing issues with customer payment processing and declining turnover from its B2B division. Turnover was down 25 [...]