betinternet.com plc was incorporated in the Isle of Man 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, on March 17th 2000 the company launched its website operation, 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 London Stock Exchange on the 9th May 2000. In November 2007, the company changed its name from betinternet.com plc to Webis Holdings plc to more accurately reflect its role within the group.

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 has customers in most countries and provides betting opportunities 24 hours a day, 365 days a year. The website has a traditional focus on the Far East region, highlighted by content directed at this market, such as Asian Handicap betting and a Live Dealer Casino.

In 2000, the formation of the Euro Off-Track Limited Partnership was announced, 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 (EWS) and operates an Amtote totalisator hub in the United States. 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 2012, EWS moved its central operation to San Francisco, California, where it has established an office.

Webis Holdings holds a betting license for both betinternet.com and EWS in the Isle of Man. betinternet.com also operates under a licence issued in the Netherlands Antilles. EWS holds a pari-mutuel licence issued by the North Dakota Racing Commission in the US.