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Newly merged Paddy Power Betfair posts revenue of £1.3bn in 2015

8th March 2016 10:23 am GMT

London-listed gaming operator Paddy Power Betfair has reported total revenue of £1,318m for the full 2015 year, with its online business contributing 80 per cent of group revenue as well as 87 per cent of total operating profit during the period.

On a pro forma basis, sportsbook stakes from the enlarged group amounted to €7,999m for the year, generating sportsbook net revenue of €1,009m, with gaming contributing a further €309m in net [...]

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