Market Talk with Ian Guider

Paddy Power Betfair saw its earnings rise by 8 per cent last week, but boss Breon Corcoran still isn’t happy

7th May, 2017
Breon Corcoran, chief executive of Paddy Power BetfairFergal Phillips

You’d be forgiven for thinking that Paddy Power Betfair had seen its profits suddenly drop, given the downbeat comments from its boss Breon Corcoran last week. Instead, its revenues rose by almost a quarter, earnings were up by 8 per cent, and the bookie even got the better of punters at Cheltenham. What more could anyone want or expect, just a year after Paddy Power and Betfair merged?

Corcoran, one of the most experienced...

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