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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.
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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