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Webis narrows FY pretax loss in encouraging results

By BFN News | 09:41 AM | Tuesday 28 February, 2017


Webis said its FY pretax loss narrowed to $215,000, from a loss of $715,000, on more than doubled turnover. The company said it continued to monitor developments in US online gaming laws, and assess strategic opportunities for the group's future. "The board are encouraged by these results, which show a further marked improvement in trading from our USA operations," said the company. "The increase in turnover further cements WatchandWagers' position as a credible provider within those USA markets in which it operates, and places the business in the Top Six (ranked by turnover) of licensed USA operators." At 9:41am: (LON:WEB) Webis Holdings PLC share price was -0.4p at 1.8p Story provided by StockMarketWire.com

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