Friday, February 23, 2024

Tag: Euros

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...

French betting rides high following Euros and Olympics

Betting Business, Euros, Olympics, France, ARJEL, sports-betting
Figures released by France’s national gambling regulator ARJEL indicate that sports-betting revenues soared by 45 per cent in the three months ended June 30, reaching a record high of E91m.   The last three weeks of June saw France host the UEFA Euro 2016 tournament – which proved a substantial boon to French bookmakers. ARJEL claims that throughout the duration of the...