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Webis HoldingsAnnouncement

06/09/2014 02:08

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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 6th 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: +1 415 503 4041
Cell: +1 925 336 4499 
 
 Beaumont Cornish LimitedRoland Cornish/Felicity GeidtTel: +44 (0)20 7628 3396  
 
 
Britton Financial PR, Tim Blackstone 
 
Tel: +44 (0)7957 140416 
 
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