The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWebis Share News (WEB)

Share Price Information for Webis (WEB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.35
Bid: 1.20
Ask: 1.50
Change: 0.00 (0.00%)
Spread: 0.30 (25.00%)
Open: 1.35
High: 1.35
Low: 1.35
Prev. Close: 1.35
WEB Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Webis launches new WatchandWager web property

Tue, 30th Apr 2024 17:03

(Sharecast News) - Webis, a company specialising in pool wagering and the operator of WatchandWager Cal Expo, the Californian harness track, announced the successful launch of its new website for its advanced deposit wagering (ADW) business WatchandWager.com on Tuesday.

The AIM-traded firm said the launch, timed strategically to coincide with the Kentucky Derby and the US Triple Crown season, aimed to enhance user experience and overall performance.

It said the redesigned web property offered players an improved interface, aligning with the busiest period of the American horse racing season, particularly the Triple Crown series in May and June.

Further enhancements were slated to be launched after the Triple Crown season.

In tandem with the launch, Webis said it was planning to boost marketing efforts, starting with the Kentucky Derby on 4 May, followed by the Preakness Stakes and the Belmont Stakes, extending throughout the summer racing calendar.

That, the board said, would encompass targeted retail marketing to existing clients and amplified social media engagement to attract new players.

WatchandWager maintained critical assets including US racetrack rights and regulatory licences, offering players access to a wide array of racetracks compared to any other US-based ADW platform.

Furthermore, WatchandWager held licences and agreements for wagering on international racing events spanning Europe, Asia, Australia, Africa, and South America, in addition to major North American races like the Kentucky Derby, the Preakness Stakes, and Belmont Stakes.

"We are pleased with the recent website improvements and the upcoming marketing plan, and we are also aware that the company is one of the most competitive in the global ADW market in terms of content and licences," said managing director Ed Comins.

"As we improve the performance of the website for our players, we will also promote these critical assets and make them more available to potential partners in the industry."

At 1426 BST, shares in Webis Holdings were up 13.04% at 1.3p.

Reporting by Josh White for Sharecast.com.

More News
23 Sep 2009 17:05

London close: Footsie dips into the red

A late swoon saw London's blue-chip index give up the gains of the morning to close marginally lower on the day, as investors banked profits ahead of the Federal Reserve's decision this evening on US interest rates and its quantitative easing (QE) programme. The morning's gains had been achieved on

Read more
23 Sep 2009 14:01

London afternoon: Footsie nears intra-day high

The market's climb regained momentum over the lunchtime session. Investors have been put in the mood to buy by the prospect of the Bank of England increasing its quantitative easing programme some time in the future. The minutes to the most recent meeting of the Bank of England's Monetary Policy co

Read more
23 Sep 2009 11:55

London midday: Market rises despite cash calls

The market is off the top but still in positive territory, despite a flood of fund raising announcements this morning. Property group Liberty International shares have been hit by a placing today of up to 56.1m new shares, increasing its shares in issue by just under 10%. The fund raising comes l

Read more
23 Sep 2009 11:21

Webis proves a good bet

Shares in online betting group Webis hit a 52-week high after moving firmly into the black in the 53 weeks to 31 May 2009. The company chalked up a pre-tax profit of £0.45m, compared to aa loss of £0.35m the year before, on turnover that rose 19.5% to £140.1m from £117.2m. Turnover on the betintern

Read more
16 Jun 2009 06:40

Tuesday tips round-up: Unilever, Imperial Tobacco, Ten Alps

Everything is in place at Unilever to confound the cynics and show good volume growth over the next few years. The shares are yielding 4.5% and trade on a December 2009 earnings multiple of 13.5 times. Unilever is a buy says the Telegraph. Fears of a dividend cut at Imperial Tobacco are overplayed

Read more
15 Jun 2009 08:14

Webis sees strong year-on-year growth

Online gaming group Webis said it has generated strong year-on-year growth in trading, both within its sportsbook operation, betinternet.com and its pari-mutuel business, European Wagering Services (EWS). "We believe that the company is well-placed to continue to increase its market share in the c

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.