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Webis Holdings Updates Q3 earnings
Internet gambling firm Webis Holdings plc, which owns Betinternet.com and European Wagering Services, has issued a trading update for Q3 of its current financial year ending May 31 2009.
Trading has been in line with the board's expectations, the statement advises, with continuing growth within both Betinternet.com and the pari-mutuel operation, European Wagering Services.
In February, Betinternet.com launched the first phase of its enhanced ‘In-Running’ product, which offers live
betting opportunities on an increased number of football matches. The board plans to add further enhancements to this product over the coming months. In the short time that this new product has been operational, the company has seen significant growth in ‘In-Running’ turnover and this product has helped to generate an increase in Betinternet’s aggregate turnover during the period, at an increased gross margin.
EWS’s gross margin has also shown a strong improvement as the level of business completed through the company's higher-margin website at Link2bet.com and its call centre channels has increased.
A company spokesman said that the group now has a better mix of revenues across all available wagering channels. Additional website enhancements and further infrastructure improvements for both Betinternet and EWS are on schedule for implementation during Q4 of the current financial year.
Betinternet will also be raising its profile by sponsoring a number of horse races over the coming months, including the Hunters’ Steeple Chase at Ascot on ‘March Friday’ later this week.
The board remains confident that the Company’s much improved performance over recent months can maintained, and expects to announce a pre-close trading update in early June, following its year-end on 31 May 2009.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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