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WatchandWager-PMU contract extension sees Webis shares surge 86%

19th April 2016 7:30 am GMT

Webis Holding’s US subsidiary WatchandWager.com has signed a new contract with Pari-Mutuel Urbain (PMU) to continue offering betting on French horse racing, alongside video streaming of events.

The new deal runs until the end of 2016, extending the relationship between the companies which has been in place for more than two years.

“The quality of the product, coupled with the significant size of the pools, is attractive to international players, for which market liquidity is of a paramount importance,” the operator [...]

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