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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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