Webis Holdings plc is a holding company with subsidiaries operating in the gaming and technology sectors. The company is listed on the Alternative Investment Market in London and operates from offices based in Douglas, Isle of Man, Lexington, Kentucky and San Francisco, California.
The company has two operations as detailed below:
WatchandWager.com Limited (W&W) operates a totalisator wagering hub through its United States Tote supplier, which enables it to conduct Advanced Deposit Wagering (“ADW”) by passing wagers directly into global racetrack betting pools in real time. W&W holds simulcast agreements to transact wagers with a large number of racetracks globally, located in the US, Canada, UK, Ireland, Australia, France and several other jurisdictions. W&W accepts wagers through its website watchandwager.com, as well as through an agreed protocol direct to its wagering hub. W&W is the 100% owner of WatchandWager.com LLC – a US entity, incorporated in Nevada and licensed by the North Dakota Racing Commission (NDRC), with offices in San Francisco and Lexington. WatchandWager.com LLC has been granted a licence by the California Horse Racing Board to accept wagers from Californian residents.
Additionally, WatchandWager.com LLC is licensed by the California Horse Racing Board for the operation of standardbred harness race meetings at the Cal Expo racetrack in Sacramento in California, where twice-weekly meetings are held on Saturday and Sunday evenings during the racing season.