Old news from April 2019 RNS23 Mar 2021 14:00
At present, W&W is licenced in the following US states: California, New York, North Dakota, Maryland, Minnesota, Kentucky and Washington, as well as additional wagering licences in the USA, Canada, Hong Kong, United Kingdom, Ireland, France, South Africa, and India amongst other jurisdictions. The majority of these licences are supported by cash-backed Bonding Agreements and, together with the proceeds of the Loan, Webis holds approximately US$ 1 million cash deposits for this purpose.
The Board of Webis considers the expansion of key US licenses to be central to the development of the W&W strategy, namely the acceptance of wagers via its principal website watchandwager.com, mobile product and its high-volume direct wagering protocol in approved licensed jurisdictions. The Loan will allow W&W to pursue new licenses as required.