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Webis ekes out small profit after US wagering growth

By BFN News | 09:33 AM | Wednesday 28 November, 2018


Gambling company Webis Holdings posted a modest $103k profit in the first half, improving on the $5k posted on-year. Amounts wagered for the year through May rose 23% to $461.2m, while gross profit rose by just over 3% to $5.5m. 'I am pleased to report a continued improved performance from our core US-based business, WatchandWager.com over the financial year reported, with a further substantial increase in the amount wagered and an increase in profit being returned,' chairman Denham Eke said. At 9:33am: (LON:WEB) Webis Holdings PLC share price was -0.05p at 1.95p Story provided by StockMarketWire.com

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