Webis Holdings’ advance deposit wagering subsidiary WatchandWager has renewed its licence to supply horse racing in California.
The 2 12 months renewal issued by California Horse Racing Board (CHRB) runs from subsequent 12 months to 2022, and permits WatchandWager to proceed to simply accept on-line pari-mutuel wagers from residents of California.
The operator stated the renewal would imply it has continued entry to the most important US state inhabitants, whereas additionally leaving it well-placed to increase into sports activities betting ought to regulation move.
Webis additionally holds a long-term lease on the Cal Expo racetrack, which means it provides land-based wagering on racing alongside its on-line presence.
“We’re happy to obtain this key license renewal from the California Horse Racing Board for WatchandWager,” WatchandWager president Ed Comins stated. “We imagine that the tax, income, and jobs generated from this license can have an necessary profit to the state of California, particularly in gentle of the financial difficulties attributable to the California wildfires and the Covid-19 virus.”
“With this necessary license and our bodily presence at Cal Expo in Sacramento, we imagine that the passage of legalized sports activities betting will lead to much more new jobs, duties, and tax income to the state,” Comins continued. “WatchandWager stands able to be an energetic companion in supporting not solely the state’s racing and gaming business, but in addition supporting the restoration of the state as an entire.”
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