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 growth despite the absence [...]
