If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWebis Share News (WEB)

  • There is currently no data for WEB

High-rollers desert Webis

Fri, 30th Oct 2009 11:49
Online gaming group Webis says that trading is below expectations because of lower margins at its betinternet.com subsidiary. The news knocked 0.62p off the share price, taking it to 2.62p and making it one of the worst performers of the day. A lack of high-rollers for the casino business and unfavourable football results led to the weakening of margins at betinternet. Webis says that it is improving internal systems and widening its markets in order to improve margins in the second half of 2009-10. Turnover in the first five months of the financial year were below expectations but it has improved in recent weeks. The pari-mutuel business European Wagering Services continues to grow. The plan is to increase marketing in the US. Interim figures to November 2009 will be released in February.

Related News

Webis annual loss widens amid plans to delist from AIM
29 Nov 2024

Webis annual loss widens amid plans to delist from AIM

(Alliance News) - Webis Holdings PLC on Friday said its annual loss widened during its most recent financial year, amid plans to cancel trading in its...

AIM WINNERS & LOSERS: Webis sinks as plans AIM exit; Tavistock bullish
22 Nov 2024

AIM WINNERS & LOSERS: Webis sinks as plans AIM exit; Tavistock bullish

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.

Webis News

Webis gets five-year renewal for Isle of Man gaming licence
9 Aug 2022

Webis gets five-year renewal for Isle of Man gaming licence

(Sharecast News) - Pool wagering specialist Webis, which operates the California harness track 'WatchandWager Cal Expo', has been approved for the ren...

IN BRIEF: Webis renews Isle of Man gaming licence for five years
9 Aug 2022

IN BRIEF: Webis renews Isle of Man gaming licence for five years

Webis Holdings PLC - Isle of Man-based gaming firm - Receives approval for the renewal of its Isle of Man gaming license by the Isle of Man Gambling S...

Webis signs lease contract with Arizona racetrack
8 Apr 2022

Webis signs lease contract with Arizona racetrack

(Sharecast News) - Pool wagering specialist Webis announced on Friday that its primary United States subsidiary WatchandWager has signed a contract wi...

Webis shares soar as subsidiary wins contract to operate at racetrack
8 Apr 2022

Webis shares soar as subsidiary wins contract to operate at racetrack

(Alliance News) - Webis Holdings PLC shares rallied on Friday after the firm said its US subsidiary WatchandWager.com LLC signed a contract to operate...

IN BRIEF: Webis US subsidiary extends lease at Cal Expo to 2030
28 Mar 2022

IN BRIEF: Webis US subsidiary extends lease at Cal Expo to 2030

Webis Holdings PLC - Isle of Man-based gaming firm - Says US-based subsidiary, WatchandWager.com LLC, received formal approval from the board of the C...

Webis shares plummet as it swings to loss in first half
22 Feb 2022

Webis shares plummet as it swings to loss in first half

(Alliance News) - Webis Holdings PLC shares dropped on Tuesday after it announced it had swung to a loss in the first half of its financial year.

EARNINGS UPDATES: Carr's beats expectations; Premier assets hit record
7 Dec 2021

EARNINGS UPDATES: Carr's beats expectations; Premier assets hit record

EARNINGS UPDATES: Carr's beats expectations; Premier assets hit record

TRADING UPDATES: ImmuPharma teams with Imperial; Webis results delayed
29 Nov 2021

TRADING UPDATES: ImmuPharma teams with Imperial; Webis results delayed

TRADING UPDATES: ImmuPharma teams with Imperial; Webis results delayed