London-listed betting and racetrack operator Webis Holding
has reported a 50 per cent increase in group turnover to US$8.1m for its first
half ended 30 November 2019.
The company saw an improved period of trading for WatchandWager.com
during the period, despite the previously reported loss of a large syndicate business
which negatively impacted total amounts wagered.
Turnover from Webis’ US racetrack business at Cal Expo rose 67 per cent to $6.9m, while turnover from advance deposit wagering (ADW) fell 6 per [...]
