betinternet.com plc was incorporated in May 1998 and commenced trading on the 5th October 1998 from its offices based in Douglas, on the Isle of Man.

As the business developed the company launched its website operation on March 17th 2000, using the URL www.betinternet.com, an easily identifiable brand name in all countries throughout the world.

The company became betinternet.com PLC when it was admitted to the Alternative Investment Market (AIM) on the 9th May 2000 trading under the BET code.

Since the launch of the website in March 2000, the Company has become a significant and respected player in the internet fixed-odds sports betting industry. Its website now has customers in over 130 countries and provides betting opportunities 24 hours a day, 365 days a year. The website has a specific focus in the Far East region, highlighted by content directed at this market, such as Asian Handicap betting and a Live Dealer Casino.

The Company holds betting licenses in both the Isle of Man and the Netherlands Antilles.

The Company's strategy remains focused on positioning betinternet.com as a leading provider of e-commerce leisure betting services.

Part of this continued development was the announcement of the Euro Off-Track Limited Partnership, initially a 50-50 partnership with US Off-Track LLC, now wholly owned by the Company. This operation has since been renamed as European Wagering Services Limited and owns and operates an Amtote hub in the Isle of Man. This business enabled, for the first time, customers from around the world to bet directly into the US racetrack pools on greyhound, thoroughbred and harness racing events, thus creating truly co-mingled global totalisator pools.

In November 2007, the company changed its name from betinternet.com plc to Webis Holdings plc to more accurately reflect its role in the group