WatchandWager content agreement with NYRA

RNS Number : 2568J

Webis Holdings PLC

10 June 2014

 



10 June 2014

WEBIS HOLDINGS PLC

("Webis" or "the Group")

WatchandWager.com LLC announces content agreement with New York Racing Association

The Board of Webis Holdings Plc are pleased to announce that its subsidiary, WatchandWager.com LLC ("WatchandWager"), has signed a Simulcast Wagering Agreement with the New York Racing Association ("NYRA") to allow wagering from WatchandWager customers on all the racetracks operated by NYRA. Headquartered in San Francisco, California, WatchandWager conducts US licensed advanced deposit pool wagering and racetrack operations. 

This contract was signed last week, and then in accordance with New York statute, was formally approved to go live by the New York State Gaming Commission on Friday 6^th June, allowing live wagering to commence just in time for last Saturday's Belmont Stakes, which featured the Triple Crown seeking California Chrome.

The agreement is an annual contract and also covers the rights to video streaming of the races as well as pari-mutuel wagering rights. The contract includes three of the United States' most prestigious tracks located in New York state, namely Arlington, Belmont and Saratoga.

The contract is significant in that it represents the final milestone in WatchandWagers'  content acquisition drive, which was a cornerstone of its US migration of its head-office to the US and the focus on US compliance and domestic US licensing. WatchandWager now offers arguably the widest range of content of any global advanced deposit wagering operation, including all the main US thoroughbred races, plus content from Australia, UK/Ireland, France, Sweden, Dubai and Hong Kong, and several other jurisdictions.

Ed Comins, President of WatchandWager.com LLC, said: "Whilst California Chrome didn't quite land that elusive Triple Crown, our new relationship with NYRA got off to an excellent start on Saturday. Coverage of the Belmont was huge within the US and internationally with all sources handle 32% up on previous years, and NBC reporting the highest sporting viewership figures since the Sochi Olympics. It was a welcome shot in the arm for US Racing, and we look forward to working with NYRA to continue this positive momentum."

Contacts: 

WatchandWager LLC

Ed Comins: President

Tel: [phone]
Cell: [phone]

Beaumont Cornish Limited Roland Cornish/Felicity Geidt Tel: [phone]

Britton Financial PR, Tim Blackstone

Tel: [phone]

 

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