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Webis shares climb after Cal Expo racing and wagering extension

9th June 2016 8:48 am GMT

Webis Holdings-owned WatchandWager.com has signed an extension to its racing and wagering contract with Cal Expo Harness Racing, the Californian harness racing track based in Sacramento.

WatchandWager, the advanced deposit wagering (ADW) business, entered into a contract to operate the Cal Expo Harness in 2012, and now holds the agreement through until 2021.

The company said that the extension guarantees that California harness racing fans and horsemen will continue to have a local venue for live standardbred [...]

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