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Betfair shares soar as PoC tax fails to dent Q3 earnings

5th March 2015 8:57 am GMT

UK-listed gaming operator Betfair has reported its fourth consecutive quarter of double-digit revenue growth for the third quarter ended January 31st, with 80 per cent of its UK sportsbook customers now using the company’s industry-leading mobile channel.

Total net gaming revenue increase by 20 per cent to £114.6m during the quarter, with sustainable markets (UK, Ireland, US, Italy, Denmark, Spain and Bulgaria) now representing 81 per cent of the total, up from a 77 per cent [...]

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