Pokerfuse PRO: Betfair Announces 56% Rise in Profits as New Strategy Proves Sustainable

Betfair Announces 56% Rise in Profits as New Strategy Proves Sustainable | Pokerfuse Online Poker News Online Poker News – Pokerfuse Powered by PokerClock.com Try it now for free! News Features Series Poker Training Podcasts Discuss About Poker Room News Law and Regulation Media and Software Live and Online Industry Tags Archive WSOP.com Industry Betfair Announces 56% Rise in Profits as New Strategy Proves Sustainable A period of retrenchment and cost cutting is coming to an end as Betfair’s underlying business gains strength. Betfair’s half year results show underlying profits at £32.5m, a full 56% higher than the same period last year. By Jocelyn Wood December 05, 2013 pokerfu.se/6ppt

Betfair’s half year results show underlying profits at £32.5m, a full 56% higher than the same period last year. Total revenues are down from £200m to £188m after a strategy that saw the company exit some of its markets—Germany, Greece and Cyprus.

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Liked this article? Then you should follow us on Twitter, Facebook or Google+ so you never miss a story! By Jocelyn Wood December 05, 2013 pokerfu.se/6ppt tagsBetfair Group plc Comments Related News

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