UK-listed betting and gaming operator Betfair said Thursday that it expects full year earnings to be at the upper end of its guidance range following a solid third quarter performance which saw revenue increase by 5 per cent to £95.4m.
Revenue from the company’s core Exchange product increased by 1 per cent to £56.7m during the quarter, while gaming revenue rose 3 per cent to £18.5m. Sports betting revenue was up 27 per cent year-on-year to [...]
