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A Solid Year for Betting Site

The figures are in for BetInternet.com – the company has done good business in the past year and EBITDA is up as is the turnover at the betting site. BetInternet.com is a sportsbetting site that is owned by Webis Holdings. Webis Holdings has gambling sites covering several sectors of the internet gambling industry – everything from two online casinos to fixed odds games and sportsbetting offerings. This past year has been a bit tough for many of the internet gambling companies but the Webis gambling group apparently came out on the up side this year – this is perhaps thanks to the groups diversification. Some sectors of the industry have been hit harder by the slowing global economy than other sectors and have interests multiple sides of the onelin casino gambling industry is a positive way to ensure yearly profits.

As for the specifics on the company’s year-end report. BetInternet.com had record turnover this past year thanks to increased exposure in the lucrative European online casino sportsbetting market. The turnover of 40 percent is thanks to more money invested in marketing efforts throughout Europe – which translates into more gamblers and stronger brand recognition which then helps all sectors of the gambling group.

Webis has really embraced a diverse number of strategies over the past year – never putting all of the company’s eggs in one basket so-to-speak. Instead, the Board of Directors encouraged all of the company’s subsidiaries (including the two online casinos, sportsbetting site, and pari-mutuel betting efforts) to ramp up everything from marketing efforts to upgrading software and IT capabilities.