Login/Register
NetEnt
NetEnt
Solitics
BigTimeGaming

Merger costs offset Paddy Power Betfair revenue gains in 2016

7th March 2017 9:45 am GMT

Paddy Power Betfair has reported an 18 per cent increase in 2016 revenue to £1,551m following double-digit growth across all four of its business segments, although the company posted a loss for the year after incurring significant expenses relating to its merger.

The company said that following the merger of Paddy Power and Betfair in February 2016, it has been focused on integrating the legacy businesses to achieve an optimal operational structure and to realise cost synergies.

"2016 was [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Pragmatic Play
Skywind
Greentube
EveryMatrix
Playtech
Solitics