Belfast Telegraph

Friday 18 April 2014

Betfair revenues hit by big freeze

GAMBLING firm Betfair continued its poor run of form on the stock market after it revealed revenues would be hit by the big freeze. In its first set of results as a public-listed company, Betfair said cancelled race meetings in the current quarter would moderate growth rates. The company posted a 12% decline in pre-tax profits to £6.8m.