Tuesday, January 31, 2023

Tag: Breon Corcoran

Paddy Power Betfair boss leaves the helm in choppy waters

Chief executive of the FTSE’s largest bookmaker, Breon Corcoran, announces his resignation only months before a period of regulatory upheaval and intense industry consolidation. The exit leaves Paddy Power Betfair in need of some fresh strong leadership.   Irish bookmaker Paddy Power Betfair has been forced into replacing its most integral human component, as chief executive Breon Corcoran announced his departure...

Jackson named as Paddy Power Betfair’s new CEO

Betting Business, Paddy Power Betfair, H1 growth Jackson
Following Breon Corcoran’s decision to step down as CEO of Paddy Power Betfair, his successor has been confirmed as WorldPay PLC’s Peter Jackson.   Paddy Power Betfair PLC has announced that Breon Corcoran will step down as CEO and following a rigorous and extensive succession process, the Board has confirmed that Peter Jackson will become the Group's new CEO. Corcoran advised the...

Paddy Power Betfair Plc reports strong Q1 growth

Betting Business, Paddy Power Betfair, H1 growth Jackson
A report from Paddy Power Betfair Plc for Q1 2017 has recorded 23% revenue increase and a key growth driven by sports for the company.   Paddy Power Betfair plc has announced a trading update for the three month period ended 31 March 2017 with key growth driven by sports in Q1 2017. Revenue up 23% to £416m (up 15% in...

H1 results up 18 per cent for Paddy/Betfair

Betting Business, Paddy Power Betfair merger
The first half of the year has treated Paddy Power Betfair more than equitably, as the merger process between its legacy companies reaches its final stages.   Interim results released by Paddy Power Betfair show that the international bookmaker saw revenue growth of 18 per cent in the six months to June 30, to £759m (E886m). Online sales made up the bulk...

Paddy Power Betfair reveal H1 growth across four core divisions

Betting Business, Paddy Power Betfair, H1 growth Jackson
Paddy Power Betfair has revealed its first set of interim H1 results, reporting a rise in revenue of 18 percent to £759m (€890m) and double-digit growth across its four core divisions.   For the six months ended 30 June 2016, underlying operating profit grew 39 percent to £148m (€174m), however an operating loss of £48m (€56m) was recorded after merger-related items....