RNS Number : 7172H
Webis Holdings PLC
08 April 2022
 

For immediate release                                                                                                                           8 April 2022

 

Webis Holdings plc

 

("Webis" or the "Group")

 

WatchandWager signs contract to run Harness Racing at Arizona Downs

The board of Webis, the Group specialising in pool wagering and the operators of WatchandWager Cal Expo, the Californian harness track, is pleased to announce that its principal USA based subsidiary, WatchandWager.com LLC ("WatchandWager"), has this week signed a contract with the owners of Arizona Downs racetrack in Prescott Valley, Arizona for a commercial lease to operate live Harness Racing, pari-mutuel wagering and food and beverage operations at the venue, subject only to regulatory approval. This is a significant new contract for WatchandWager, augmenting last week's announcement of the extension of its contract to run live Harness Racing at Cal Expo, in Sacramento, California, until 2030.

The contract is for five years to 15 November 2027, with an option to renew for a further five years. 

WatchandWager understand that the Arizona Department of Gaming will consider the provision of regulatory approval, currently expected to be in the summer of 2022. Shareholders will be kept up to date with progress on the approval process and the plans for live racing at the new venue.

For further information:

 

Webis Holdings plc                        Tel:        01624 639396

Katie Errock

 

Beaumont Cornish Limited         Tel:        020 7628 3396

Roland Cornish/James Biddle

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTFLFIDSTIDIIF