WatchandWager extends Hong Kong Jockey Club partnership
WatchandWager has extended its pari-mutuel pools deal with the Hong Kong Jockey Club Race Betting, a subsidiary of the Hong Kong Jockey Club (HKJC).
Under the three-year deal, WatchandWager, a subsidiary of Webis Holdings, will continue to have access to the HKJC pari-mutuel pools.
During the 2013-14 racing season, WatchandWager become the first US-based wagering operator to begin linking directly into the HKJC pools.
The new deal will extend this arrangement through to the end of the 2017-18 season.
Ed Comins, managing director of Webis, said: “This is a groundbreaking deal that looks set to significantly improve WatchandWager's performance long term as well as likely increase the growth of international money into the HKJC.
“It is an honour for WatchandWager to renew its partnership with the HKJC and to be able to offer world class racing to our customers.
“It is also a testament to our level of compliance and reliability in the regulated US market that we were approved for this extension.”
Related article: Webis cites ongoing investment as profit drops in full year