Tuesday March 31, 2020

Betfair core revenue up 11% in last quarter

Online betting group Betfair has reported an 11 per cent rise in core revenue for the three months to January 31st 2012.

6th March, 2012

Online betting group Betfair has reported an 11 per cent rise to stg£85.3 million (€102 million) in core revenue for the three months to January 31st 2012.

It reported strong mobile growth with 11 million bets placed and stg£5.8 million, a 100 per cent gain.

The company described current trading as "encouraging" and said it was confident of meeting full-year expectations.

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