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Webis Holding PLC's LLC Gets California Betting License-DJ

Friday, 19 Jul 2013 02:50am EDT 

Dow Jones reported that Webis Holding PLC said its subsidiary LLC based in San Francisco, California, has received approval for a multi-jurisdictional Advanced Deposit Wagering license by the California Horse Racing Board. se allows to accept wagers from Californian residents on all content for which it has agreements with the host track and the particular racing breed. By virtue of WatchandWager's licensed operation at Cal Expo in Sacramento, agreements are already in place for standard bred racing. Now that the license has been formally approved, agreements with thoroughbred and quarter horse racing content providers will be sought. By statute, licensed wagering may start on September 6, 90 days from the formal application date 

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19 Dec 2014