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BEtinternet Returns to Profits
Posted 12/23/10 :
Webis Holdings Plc presents its six month trading update
Online gaming group, Webis Holdings Plc released its Trading Update of the first six months (31 May 2010 - 30 November 2010) of its current financial year ending 29 May 2011.
Key Highlights in its first six months (31 May 2010 - 30 November 2010):
- Webis' subsidiary and pari-mutuel operation European Wagering Services (EWS) report increased turnover during the period compared to the prior year, however, the withdrawal of payment processing services adversely affected EWS' higher margin business and the divisions trading for the period was below the Board's expectations. An alternative solution towards the end of the period has seen the division once again performing in line with expectations.
- EWS acquired a US pari-mutuel hub operating license with the North Dakota Racing Commission. Following the acquisition, a clearly defined business plan for the growth of EWS is being actively pursued which will involve increasing marketing and development activity to establish a presence in the US market as well as an increase in the level of racing content of which EWS' link2bet.com is core.
- Sportsbook operation Betinternet.com returned to profitability following a successful World Cup.
- Betinternet's casino and games offering has been upgraded with the introduction of a solution from CTXM.
The board expects to release its Interim Report for the period ending 30 November 2010 during February 2011.
Gambling News :
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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