Get 10% off all premium subscriptions plans with this new coupon code: NEWGI Subscribe

Paddy Power Betfair posts Q3 growth despite lower Online revenue

1st November 2017 9:07 am GMT

London-listed betting and gaming operator Paddy Power Betfair has reported a 9 per cent increase in revenue to £440m for the third quarter of 2017, despite a second consecutive quarter of decline from the online business.

The revenue increase was led by an 11 per cent increase in sports revenue to £350m, with sportsbook stakes climbing 18 per cent to £2.86bn.

“Q3 was an encouraging quarter for Paddy Power Betfair, with good stakes […]

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