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Webis granted two-year pari-mutuel betting license in California

25th February 2019 6:29 am GMT

London-listed betting and racetrack operator Webis Holdings has secured a new two-year license from the California Horse Racing Board (CHRB).

The license renewal allows Webis to continue its online pari-mutuel betting service for California residents through its WatchandWager.com advanced deposit wagering (ADW) platform through to February 2021.

Webis described the license renewal as strategically important to WatchandWager.com, given that the state legislature is considering legalised sports betting, with a bill sponsored by Assembly member Adam Gray currently approaching the Committee stage in [...]

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