Game over22 Nov 2024 13:30
At one point it was definitely worth some speculation but over the years there has been a lot of wrong information on here around the value of the licenses etc. I'm not saying this was deliberate; I'd like to think it was more lack of knowledge of the sector; but the licenses Webis hold are not the same as the licenses that Sports Betting or Online Casino operators would have to acquire if California regulated, which it won't for a long time yet. The best hope was for a an operator to see some strategic value in having a presence in California, or for another racing operator to take them on cheap to consolidate; but, unfortunately, there's really nothing overly positive about Webis, as today shows. I'd written off my holding a long time ago but held on the off chance they managed to find a deal of some sort and create one last spike; in my case probably to limit damage, if being honest. Never mind.