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Solid H1 for Betfair but full year revenues expected to fall

13th December 2012 9:20 am GMT

Betfair Group plc has reported a 5 per cent increase in total revenues to £200.6m for the six month period ended October 31st, with full year revenues expected to be lower than the previous year following the company’s decision to cease investment in countries with insufficient regulatory visibility.

First half revenues were boosted by growth in sports betting, which offset a decline from the company’s online poker and games segments.

First Half 2012/13 Revenues

Sports betting revenues were [...]

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