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Webis Holdings Earnings Report Positive
Friday February 21,2014 : WEBIS CUTS LOSSES IN A SOLID HALF-YEAR
GBP 100,000 profit and more assets.
Webis Holdings, a UK sportsbetting and online casino group which reported a loss of GBP 100,000 this time a year ago, has managed an impressive turnaround for the half-year, posting a profit of GBP 100,000 on turnover up 11 percent y-o-y in the six months to end November 2013.
The company's trading update this week recorded:
* Sales up GBP 7.8 million to GBP 79.2 million;
* Net trading income up 34 percent to GBP 2.6 million;
* Profit of GBP 100,000;
* Increase in the value of net assets up 68 percent to GBP 3.2 million.
Webis group companies include the BetInternet online and mobile sportsbetting operation, and the US-based WatchandWager advanced deposit wagering enterprise, which operates a totalisator wagering hub through its United States Tote supplier.
Company chairman Denham Eke said that overall growth had been maintained over the half-year, and that the board remained optimistic regarding the group's future.
Gambling News :
NBA Odds: Warriors Big Favorites to Beat Cleveland -
The Warriors didn’t take last year’s NBA Finals collapse lying down. They added Kevin Durant to the starting rotation; Durant is +220 to win this year’s Finals MVP award, while Cleveland superstar LeBron James is all by himself – also at +220. Kyrie Irving is the next closest Cavalier at +1000.
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
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