Belfast Telegraph

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Betfair revenues hit by big freeze

Published 15/12/2010

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.

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