Tag Archives: PPB

Publishing its preliminary full-year 2017 results, FTSE100 betting group Paddy Power Betfair Plc (PPB) reports strong growth across its core metrics and KPIs, as the company delivers on key merger projects and initiatives. Completing year 2 as an enlarged enterprise, PPB reports a 13% increase in group revenues to £1.7 billion (FY 2016: £1.5 billion), driven by a 16% growth …

FTSE listed betting group Paddy Power Betfair Plc (PPB) has announced that it has partnered with industry workplace diversity program ‘All-in Diversity Project’, as the company seeks to lead the sector in employee equality and inclusion directives. The All-in Diversity Project is an industry-driven, not-for-profit initiative which aims to deliver new benchmark and best practices for diversity in the global betting …

FTSE100 betting group Paddy Power Betfair Plc (PPB) has delivered a positive Q3 2017 trading update (period ending 30 September), prompting the group to lift its full-year earnings expectations as the company undertakes a leadership transition. A strong period sports betting performance for PPB’s online and retail divisions saw the firm record a 9% increase in group revenues of £440 …

FTSE100-listed online betting group Paddy Power Betfair (PPB) has streamlined its affiliate marketing terms of business, adding a new ‘1 Strike Policy’ to its Betfair and Paddy Power partnership programs. The company has informed its affiliate that it will immediately suspend any marketing partner found to have breached its promotional/messaging guidelines. PPB states that it has implemented the 1 Strike …

The governance of FTSE100 listed Paddy Power Betfair (PPB) has defended its handling of the disclosure of the departure of Breon Corcoran as Group Chief Executive. The betting firm stated that it had ‘strictly adhered’ to UK Financial Conduct Authority rules with regards to its leadership succession plans and that the company had not leaked any ‘inside information’. Last week, …

Ken Robertson is set to leave Paddy Power Betfair (PPB) as Group Director of Advertising, a role he had been promoted to last April 2016 following the post-merger combination of Paddy Power and Betfair marketing divisions. Confirming his departure to the Irish Times, Robertson further detailed that he is seeking to create his own ‘creative marketing business’ targeting new social …

FTSE100 bookmaker Paddy Power Betfair (PPB) is set to close down its Gibraltar operations, as part of the firm’s ongoing post-merger transition. The enlarged enterprise has made its decision in order to realign its operations by centralizing its core business divisions. The shutdown of its Gibraltar office will see PPB surrender its Gibraltar Government online gambling licenses inventory. At present, …

Following this week’s group Annual General Meeting (AGM), the governance of FTSE100 listed Paddy Power Betfair (PPB) has confirmed the appointment of former BT Group executive Emer Timmons as a new Non-Executive Director. A ten-year BT Group leadership executive, Timmons will advise PPB governance on international development projects and commercial strategy and initiatives. Timmons currently serves as Chief Marketing Officer of …

In a move to expand its corporate footprint within the US market, FTSE100 betting firm Paddy Power Betfair (PPB) has confirmed that it has agreed to acquire US mobile-focused fantasy sports operator DRAFT for a deal valued at $48 million (£37 million). Entering the US DFS market, PPB will initially pay $19 million for all DRAFT related assets and resources, …