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Betfair raises interim dividend as revenue growth continues in first half

25th November 2015 9:12 am GMT

London-listed operator Betfair has reported a 15 per cent increase in revenue to £274.4m for its financial half-year ended October 31st, with the UK and the US accounting for most of the year-on-year growth.

The strong performance in H1 reflected double-digit revenue growth across sports betting, gaming and Betfair US, with sustainable markets representing 87 per cent of the total, up 24 per cent year-on-year to £238.9m.

Revenue from other markets was down 22 per cent to £35.5m, [...]

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