March 5, 2015
Betfair governance announced its fourth consecutive quarter of double digit growth, as the operator detailed financial performance for Q3 2015 (three month period ended 31 January 2015) The operator saw group revenues up 20% to £114.6 million (Q3 2014 – £95.4 million), as it reported growth from all product verticals (See graph below). Betfair was further able to record revenue …
Read More »December 9, 2014
John Ficenec Questor Editor for the Daily Telegraph reports that Betfair Plc have proven to be sports betting’s stock market winners for 2014. Betfair stock has risen 37% in 2014 (FTSE – £14.85), whilst competitors Ladbrokes (FTSE – £1.19) and William Hill (FTSE – £3.48) saw respective share price declines of 35% and 11%. The Daily Telegraph financial journalist commented …
Read More »September 8, 2014
Following the positive results published in its opening Q1 2015 results, Betfair Chief Executive Breon Corcoran outlined that the operator would focus on product refinement and operational sustainability in order to continue Betfair’s improved financial performance. The operator report increased net gaming revenues of 30% to £117.3 million (Q1 2014: £90.4 million). Betfair further reported that all gaming verticals had witnessed …
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