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EWS agrees terms to operate Cal Expo race meetings

By BFN News | 02:59 PM | Thursday 05 July, 2012


Online gaming group Webis's pari-mutuel operation European Wagering Services has agreed non-binding heads of terms with the California Exposition & State Fair for the lease and operation of race meetings at Cal Expo for a five-year term starting this autumn. Completion of these arrangements remains subject to, among other matters 1. agreement of final contracts between EWS and Cal Expo 2. allocation of race dates by the Californian Horse Racing Board 3. EWS receiving approval for an operator licence from the CHRB. These approvals are expected to occur in mid to late August with regular racing from November 2012 onwards. At 2:59pm: (LON:WEB) share price was +0.01p at 0.88p Story provided by StockMarketWire.com

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