Webis Share Discussion Threads

[passeridae] 13/12/2021 12:59

I took just a few more this morning VF.

[[e-mail]] 13/12/2021 10:30

time to top up

[passeridae] 13/12/2021 08:14

3.54p to buy ... bargain!

[passeridae] 10/12/2021 11:37

Well this is exciting isn't it!

[mcmather] 09/12/2021 16:02

Anyone got $799 and fancy a $1,500 HEAD-HEAD? There was one yesterday for the same amount - it might have been the same fella - but which did not get filled before the off; closes at 5.49pm. Difficult to fully gauge, but the total number of players do seem to be on the increase; ie in line with what the results alluded to.

[passeridae] 08/12/2021 09:11

I see our man on Twitter took another 300k yesterday:

[mip55] 08/12/2021 09:10

essentially, they only want sports wagering at THEIR casinos and at THEIR racetracks (Del Mar being the only 'independent'); ie a monopoly.Just for reference - Santa Anita Park and Golden Gate Fields are both owned by the Stronach Group from Aurora,Ontario, Canada.Los Alamitos is privately owned by Dr Ed AllredThe Del Mar fairgrounds - incorporating the racetrack is owned by the State of California and is managed by the 22nd District Agricultural Association, a state agency that hosts more than 300 annual events.

[mcmather] 07/12/2021 19:26

Some of the latest ‘betting handle records’ from the US. Keep attracting new retail customers as they currently are, and all should be good at W&W Towers, especially the closer we get to the ballot in November 2022.

2 Dec 2021: Consumers in the state of Delaware wagered $12.2m on sports during October, the highest monthly total since December 2019.

2 Dec 2021: Virginia’s regulated sports betting market saw total handle surge by 45 per cent to $427.3m in October.

1 Dec 2021: Colorado’s online and retail sportsbooks generated a record of $491.5m in wagers and $28.6m in revenue for October. This marks the second consecutive month with record handle, making October 2021 the most productive month since legal betting launched in 2000.

30 Nov 2021: Nevada Finally Clears $1 Billion In Handle With Record October.

23 Nov 2021: Tennessee Hits Record-High $375 Million Sports Betting Handle in October 2021.

18 Nov 2021: New Jersey smashes betting handle record with $1.30bn in October.

5 Nov 2021: Iowa Smashes Sports Betting Handle Record With $280.9M For October.

[mip55] 07/12/2021 17:13

Just to qualify that statement- Cal Expo is only licensed for harness racing and not licensed by the California Horse Racing Board for horse racing and would therefore not come within the Native Indian ballot proposal

[mip55] 07/12/2021 17:03

After more research it seems WEB are correct in their opposition to the only current ballot proposal guaranteed to be on the 2022 California sports betting proposal as Cal Expo is not a licensed racetrack.

[wiseacre] 07/12/2021 13:43

Can't see why it shouldn't drift back to 2p.

[mcmather] 07/12/2021 09:08

ADW (online) operations in North America – still quite small – were up 43.46%. With a bit of imagination on social media, I reckon this could grow significantly.

WEB also “received a one-year ADW license approval from the West Virginia Racing Commission on 18 May 2021”; ie just prior to the year end.

With the Chairman stating, “I am also pleased to report that these positive trends have continued into the new financial year”.

Present fair value?

[bean02] 07/12/2021 08:55

3.96 to buy now

[mip55] 07/12/2021 08:21

Strange - from the tribes supporting statementHorse racing represents one of the oldest forms of wagering, existing in California for almost a century. Over 17,000 licensed jobs are tied to the horse racing industry. According to the California Horse Racing Board, over $3 billion is wagered each year. This brings in millions of dollars in revenue to the state, to the world's premier equine chemistry laboratory, the KennethL. Maddy Equine Analytical Chemistry Laboratory at the University of California, Davis, and to local governments from sales taxes.And.... Permitting Approved Racetrack Operators to offer sports wagering as these operators are also highly regulated and are experienced in gaming operations.For approved I read licenced....as WEBIS are

[mcmather] 07/12/2021 08:09

All looks good Passy. The results often allude to possible match ups, but not sure I recall prior reference to "discussions". Surprised there was no reference to a bid for 63p per share.

[mcmather] 07/12/2021 07:59

Their proposal (Native American) is for tribe owned casinos and tribe owned racetracks (only 3 I think, plus De Mar, and which is the only 'fairground' racetrack that is part of their proposal).

The wider / original draft sports betting proposal for California was (I understand) proposing sports betting be granted to the operators of all racetracks - ie including Cal Expo - in California.

[mip55] 07/12/2021 07:36

Can any of the regulars on here explain this for me?The wording of the only proposal currently guaranteed on the California ballot of 2022 states :On May 26, 2021, the Legalize Sports Betting on American Indian Lands Initiative qualified to appear on the ballot for November 8, 2022. The tribe-backed ballot initiative would legalize sports betting at American Indian gaming casinos and licensed racetracks; however, other state-licensed gaming establishments and professional sports team leagues would not be permitted to offer sports wagering.Webis statement today .... . It should be noted that we strongly oppose the current Native American proposition which is based on sports gaming only to be available via their own casinos and land.

[passeridae] 07/12/2021 07:20

"We welcome dialogue with credible software providers or operators in the sector who wish to assist our efforts. Should these discussions move forward, we will of course update shareholders in line with our regulatory obligations."

Is this the company telling us that we are already in discussions (the wording seems to imply this and I'd be surprised if we were not) ... interesting!

[passeridae] 07/12/2021 07:14

Results out and not too much of a delay.

Read very well - clearly and understandibly California is seen as the big one!

"This area is of course arguably the most interesting area of our business, with our strategic licences in California in both online and land-based gambling the priority to the company. Shareholders will have noted the increasing expansion in regulated sports wagering across the USA, and we remain well positioned in California, truly the land of opportunity, given likely regulation and the enormous market size in the State.

At time of writing, we are aware of at least four separate bills/propositions that could be voted upon in November 2022, in the form of a proposition (referendum). We are working closely with our advisors and contracted lobbyists in Sacramento to provide input into the political process. It should be noted that we strongly oppose the current Native American proposition which is based on sports gaming only to be available via their own casinos and land. This is obviously commercially highly unattractive to anyone who understands the sports betting business and will derive negligible revenue to the state. We much prefer several of the more progressive draft bills in the State, which provide credible opportunities for all licensed land based and mobile operators based in the State. We continue to work with regulators to make them understand these issues and drive forward an economically attractive option for the State and licence holders.

It should be noted we continue to also assess other opportunities outside California and will update shareholders if feasible business opportunities come to rise.

Finally, all observers will know that the rapid expansion of regulated gaming in the USA is the most exciting development in the sector globally. As a company we are very confident of our position in the USA and California in particular and our unique position. We welcome dialogue with credible software providers or operators in the sector who wish to assist our efforts. Should these discussions move forward, we will of course update shareholders in line with our regulatory obligations."

[mcmather] 03/12/2021 18:32

Quick email, promptly actioned; hopefully the start of ramping up the PR on social media.

"Christmas came early for one WatchandWager player who turned 50 CENTS INTO OVER $18,000 on Thursday!
Play today and YOU can become the NEXT big winner at

[mcmather] 02/12/2021 17:21

Re the contests / tournaments. It looks like the winners (collectively) pocket 90% of the total staked with W&W pocketing the remaining 10%. Can see there being massive interest in this; use your nous to play against 10, 50, 100's of others and get a return of, say, $500 off, say $5? WEB / W&W need to be hammering this on social media. Get them on-board to play the contests, and they'll likely place their own individual wagers with W&W. The more customers on the account, the more attractive this becomes to potential suitors regardless what happens with California.

[richie32] 02/12/2021 16:27

I've bought some today. Worth waiting for imho

[mcmather] 02/12/2021 09:54

They need to improve their social media*. W&W pocket some revenue from every (money) ‘contest’; – see previous post – but the amounts aren’t great. But the more customers on their database, the more attractive they become to a potential suitor – plus those customers are also then likely to separately wager with W&W.

Retweeting stuff isn’t going to do that. They need to get promoting their contests, how much can potentially be won from "X” small stake, welfare stuff from the money they generate, etc; similar to the national lottery.

*I had to enquire a few weeks back why they had not tweeted since 7 Nov 2021. It was only 10 days without a post but, similar to the AIM Rule 26, just a bit shoddy.

[mip55] 02/12/2021 09:13

WEB are in a good place if any of the native Indian proposals are approved - racetracks and reservation casinos will be the winners. Card rooms and the likes of FLTR / DKNG / BetMGM the losers

[mcmather] 02/12/2021 08:48

Aye; it definitely won't be 'commercial' till 2023. The racetrack is key for me here; that, to me, gives them a high chance of their securing a 'sports book' license and which then opens up an entirely wider market.