Legal & compliance

WatchandWager secures approval in Kentucky

1 minute read
WatchandWager.com, the Advanced Deposit Wagering (ADW) business of Webis, has been granted approval by the Kentucky Horse Racing Commission.

WatchandWager.com, the Advanced Deposit Wagering (ADW) business of Webis, has been granted approval by the Kentucky Horse Racing Commission.

The approval, which is effective immediately and runs throughout 2017, will allow the company to take live registrations, deposits and wagers from residents of the US state.

The licence is conditional on a $100,000 (€94,100) bond being lodged with the Commission, with this expected to be in place in January.

To mark the new licence, WatchandWager will offer a special matching-deposit bonus, for a limited time, to Kentucky residents who register and fund a new wagering account.

Ed Comins, president of WatchandWager, said: “We are pleased to add Kentucky to the ever-expanding list of states where WatchandWager can accept wagers.

“Our company's experience in Kentucky has been a very positive one, and being able to accept wagers from residents of the state only cements this relationship.”

Related article: Webis chair hails WatchandWager despite wider losses

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