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Betfair focus to shift to investment as cost-cutting drive ends

3rd December 2013 1:18 pm GMT

Betfair says that the company’s drive to cut costs and shift its focus to regulated markets has been completed, with the operator now looking to reinvest in marketing as well as establishing new revenue streams in the Italian and New Jersey gaming markets in the short-term and revitalise the company’s online gaming vertical and Australian business in the long-term.

Following publication of the company’s H1 results this morning, Betfair chief executive Breon Corcoran said that with operating [...]

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