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Pin to quick picksWebis Share News (WEB)

Share Price Information for Webis (WEB)

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Webis pares losses

Thu, 15th Sep 2011 11:35

Online gaming group Webis cuts its losses in the year to end of May but said trading remained challenging.The firm posted a loss for the period of £110,000, acompared to a loss of £337,000 in 2010.Group turnover for the year fell from £114m to £106m.It said that after "a much improved performance" from its fixed odds business, betinternet, it had the opportunity to grow its market presence during the forthcoming year.Betinternet recorded a pre-tax profit of £1,000, compared to a loss of £778,000 in 2010.The company added that betinternet had continued to trade in line with the board's expectations through the first quarter of the new financial year.However, Webis said it was dogged by problems at its pari-mutuel platform, European Wagering Services, in the reporting period."EWS encountered difficulties during the second half of the year in establishing a long-term payment solution for its online and telephone operations," it said.
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Webis Holdings unit granted US license

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24 Feb 2015 09:57

Webis Posts Swing To Loss, Confident Despite "Short-Term Challenges"

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Webis Says Betting Unit Has Extended Hong Kong Jockey Club Pools Access

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Webis Confident Strategies Are Aligned For Future Growth

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10 Jun 2014 10:40

Webis's WatchandWager Signs Betting Deal For New York Racetracks

LONDON (Alliance News) - Webis Holdings PLC Tuesday said its subsidiary WatchandWager.com LLC has signed a deal with the New York Racing Association to allow wagering by WatchandWager customers on all NYRA racetracks. The gaming and technology firm said the contract was signed last week and

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30 Apr 2014 14:21

Webis Business WatchandWager Renews Contract With Churchill Downs

LONDON (Alliance News) - Webis Holdings PLC said Wednesday that its business WatchandWager.com LLC had renewed its agreement with Churchill Downs Inc to allow customers to wager on Churchill's races from April 29, including the Kentucky Derby. Webis said that under the contract WatchandWage

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13 Mar 2014 13:51

UK MIDDAY BRIEFING: Morrisons Could Learn From Home Retail

LONDON (Alliance News) - It's all about retailers Thursday, with the listed supermarkets all down sharply due to even weaker-than-expected results and a warning about this year from Wm Morrison Supermarkets, while Argos and Homebase parent Home Retail rose sha

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