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Wagering group Webis said it had secured an extension of its Cal Expo harness racing operations through to 2025.
The company specialises in pool wagering and operates Cal Expo, a Californian harness track.
The extension until 1 May 2025 had been agreed with the directors of the California Exposition & State Fair in Sacramento.
'The renewal is especially significant given the recent positive momentum behind the introduction of regulated sports betting in the Golden State,' Webis said.
'Recent initiatives to drive this forward include California racetracks as being eligible to be licensed for sports betting.'
At 8:19am: (LON:WEB) Webis Holdings PLC share price was 0p at 1.2p