UK-listed gaming operator Betfair has posted its first annual loss in more than a decade after incurring impairment charges of £82.4m and restructuring costs of £19.4m during its financial year ended April 30th.
Revenues for the year amounted to £387.0m, slightly ahead of the company’s previous guidance range of £370m to £385m but marginally below last year’s total of £389.7m.
Betfair said that the impact of regulation in Greece, Germany and Cyprus and the withdrawal of its [...]
