Webis and WatchandWager bring Thoroughbred racing to California

WathandWager.com, deposit-wagering subsidiary of Webis Holdings, online casino and sports betting provider, has recently received the approval from the Thoroughbred Owners of California organization. This will allow the residents of the United States to wager on thoroughbred racing, something that came rather quick after knowing that WatchandWager.com was also going to team up with the US Breeders’ Cup for a fifth consecutive year. The online casino and sports betting provider, Webis is now able to bring the thoroughbred racing events to any corner of the country.

This new partnership will cover all the thoroughbred racing events in the US as well as those with an international character. WatchandWager.com is now accepting bets on thoroughbred events throughout its website and is open to any resident of the state of California. The partnership between these two brings an agreement with a legal $50,000 payment in prize money, a contribution that WatchandWager.com has made to the California Purse Fund. This involvement guarantees that, at least, a small percentage of all bets made by residents of the state of California, profits Californian Racing. Ed Comins, president of WatchandWager.com, said publicly: "For WatchandWager to be approved and operating as a first mover in the Golden State, will not only positively impact our business as a licensed Advanced Deposit Wagering operator, but also put WatchandWager in a very attractive strategic position as the debate regarding on-line Poker is widely expected to hot up in California early this year".