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Odds shorten on Betfair IPO
Betfair, the betting exchange operator, reignited speculation that it may be eyeing a stock market flotation after defying the recession to report impressive full-year results. The group, which was founded almost a decade ago, announced a 29 per cent jump in underlying earnings to £72 million in...
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- News Source: Guardian Unlimited | 3 months agoLadbrokes has confirmed it is to join William Hill in moving its online gambling arm offshore, defying a Treasury 'gentleman's agreement'. Photograph: David Sillitoe Ladbrokes is shifting its online gambling arm to Gibraltar in a move that will cost...
- News Source: The Scotsman | 3 months agoUK's biggest bookmaker, has confirmed it will move its online sportsbook abroad, as it announced falling revenue and profits for the first half. The company said revenue was down 6.6 per cent in the six months to 30 June, to £504 million, while...
- News Source: Times Online | 3 months agoBetfair, the betting exchange operator, reignited speculation that it may be eyeing a stock market flotation after defying the recession to report impressive full-year results. The group, which was founded almost a decade ago, announced a 29 per cent...
- News Source: Guardian Unlimited | 3 months agoBetting exchange group Betfair, Britain's largest online betting business, has become the latest bookmaker to publicly attack the Treasury's online gambling tax rates and refused to rule out a move offshore. The privately owned firm, one of Britain'...
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