Webis Share Discussion Threads

[thomstar] 20/11/2020 08:16

Yeeeehaw another website spike

[trentendboy] 20/11/2020 07:58

Just too cheapThe values of these licences alone are worth over 20 millionThe YS big boys will be after the physical and online licencesCheap now but won't be for too long

[spazzz] 20/11/2020 07:24

Reassuring news:

Webis Holdings PLC
20 November 2020

WEBIS HOLDINGS PLC
("Webis" or the "Group")

WatchandWager renews key California license

The board of Webis, the Group specializing in pool wagering and the operators of WatchandWager Cal Expo, the Californian harness track, is pleased to announce that its Advanced Deposit Wagering ("ADW") business, WatchandWager.com LLC ("WatchandWager") received its two-year license approval from the California Horse Racing Board ("CHRB") on 19 November 2020.


The two-year ADW license renewal from the CHRB is for the years 2021-2022, and it allows WatchandWager to continue to accept online pari-mutuel wagers from residents of California on its range of global content. The license renewal from the CHRB is strategically important to the Company, not only for its access to the biggest population in the United States and one of the largest economies in the world, but also for the potential of offering sports betting to California residents when the state legislature passes this into law. As shareholders are aware, the license sits alongside our long-term lease of the Cal Expo racetrack, adding an important physical, as well as on-line, presence in the state.


In addition to the California license renewal, WatchandWager executives have also renewed, or are in the process of license renewals, in Colorado, Kentucky, Minnesota, New York, North Dakota, and Washington. The Company does not foresee any expected issues that would delay or prevent them from being approved.


Ed Comins, President of WatchandWager, commented:

"We are pleased to receive this key license renewal from the California Horse Racing Board for WatchandWager. We believe that the tax, revenue, and jobs generated from this license will have an important benefit to the state of California, especially in light of the economic difficulties caused by the California wildfires and the COVID-19 virus. With this important license and our physical presence at Cal Expo in Sacramento, we believe that the passage of legalized sports betting will result in even more new jobs, duties, and tax revenue to the state. WatchandWager stands ready to be an active partner in supporting not only the state's racing and gaming industry, but also supporting the recovery of the state as a whole."

[festario] 18/11/2020 14:01

Makes it cheap for me to top up, as I just did.

[the white house] 18/11/2020 13:40

Wait 8 months to hear some news & all you get is a non exec director saying he wants to go and have more fun somewhere else...

[festario] 05/11/2020 12:40

Only relevant in terms of being worth more than now, only if temporarily.This is the bottom of its natural price range.... it will spike again to 3p, even on just rumour.On CA opening for gaming, it will be valued at double that.

[coxsmn] 05/11/2020 09:47

Fest, once California and NY open up then the big three players will sweep up, do you think WEBIS will still be relevant.

[festario] 04/11/2020 16:37

YES, TEB.... IQAI was a firework waiting to be lit.FDA approval to sell in the U.K. health sector lit the fuse.No one noticed it until midday today.... and I was banging the drum all day.WEB will have a similar rise on its anointed day.

[trentendboy] 04/11/2020 16:35

I suspect your buy alone might have shifted the share price Does not take much hence the massive moves on rumours

[trentendboy] 04/11/2020 16:35

IQAI done well, was in and out. Should have stayed in Kept a core WEB holding as it can fly at any point Cal seems far off but this stupidity cannot lastLicences worth a shed load and they have the physical tracks

[trentendboy] 04/11/2020 12:15

Three more states regulate sports bettingCAL looking like idiots Tribes need to realise cake is massive and stop blocking TO soon imo

[trentendboy] 03/11/2020 17:44

WEB can pop any time - it there seems to be Cal progress it will fly

One of the big boys would do very well to takeover WEB for the licenses alone that are worth 20m for a start.

Too cheap but virus clearly not good for track business

[spazzz] 26/10/2020 12:31

Another small top up for me this morning.

[[e-mail]] 12/10/2020 15:44

just had to top up wont be long now

[barnetpeter] 09/10/2020 21:25

Yes...been a great time for regular web punters. Look at that chart! We got the fall to about 0.7 then the spike to well over 3p. I am sure most sold a good few. Then we have been back to 1.3/4. That was/is a great time to buy .....bought back most of the ones I sold. I doubt this rally will last myself....buy these every time you can below 1.40p. The next spike wont be long and a bid for the company is always possible.

[trentendboy] 09/10/2020 18:25

Yes good to get racing back on

[richie32] 09/10/2020 15:52

I should imagine what's driving this is the potential as a t/o target.

[thomstar] 09/10/2020 12:41

Was too preoccupied with RR and just noticed this on the move which will hopefully turn in to a decent move up

[the white house] 28/9/2020 19:14

I presume they are taking the...if you have not got anything good to say, do not say it....approach At least they are saving money on PR staff...

[trentendboy] 28/9/2020 18:54

Pointless but given taken over speculation could easily be snapped up as a tasty little assetSurprised it has not yet been sold

[trentendboy] 26/9/2020 08:25

Takeover rumours sweeping sectorWeb tasty morsel

[bobby.ifa] 25/9/2020 13:42

Looking frisky today.