Flutter full-year earnings forecast sends shares higher Paddy Power owner Flutter Entertainment has posted a 20% fall in first-half earnings but expects to finish the year ahead of 2021 excluding an expected … Business • 12 Aug 22
Flutter to tie bonuses to tackling gambling addiction Paddy Power, Betfair and Fanduel owner Flutter Entertainment will tie 10% of annual bonuses for its staff to initiatives aimed at helping prevent gambling addiction, … Business • 28 Feb 22
Grand National sets record for online sports betting The Grand National was Britain's biggest ever online sports betting event as shop closures due to the Covid-19 pandemic meant punters had to go online … Business • 13 Apr 21
Paddy Power workers to take more rest break cases A union representing staff at Paddy Power Betfair has lodged 78 separate cases on behalf of its members seeking compensation for alleged denial of rest … Business • 20 Feb 19
Paddy Power reports record revenues for 2015 Paddy Power has reported a 24% increase in revenue to €1.09 billion - a new record high - for 2015 as the company saw double … Business • 08 Mar 16
Paddy Power reports 'good' trading for end of 2015 Paddy Power has said that trading in the last seven weeks of last year was "good". Business • 27 Jan 16
Paddy Power-Betfair merger is approved The Competition and Consumer Protection Commission has cleared the proposed merger of betting firms Paddy Power and Betfair. Business • 15 Jan 16
Paddy Power shareholders approve Betfair merger Paddy Power shareholders have approved a proposed merger with Betfair at the company's EGM in Dublin today. Business • 21 Dec 15
Paddy Power and Betfair agree terms of merger deal The Boards of Paddy Power and Betfair have reached agreement on the terms of a recommended £6 billion all-share merger of the two companies. Business • 08 Sep 15
Paddy Power and Betfair agree potential merger Paddy Power and Betfair have agreed terms of a potential merger. Business • 07 Sep 15
Betfair profits jump as new punters flock in Online gambling company Betfair posted a better than expected rise in full-year profit today, led by strong revenue growth and a big surge in new … Business • 17 Jun 15
Betfair ups profit expectations after strong Q3 Online gambling company Betfair today hiked its full-year profit forecast range after it said trading had remained strong following a better than expected third quarter … Business • 05 Mar 15
Betfair to return £200m to shareholders Online gambling company Betfair plans a cash return of £200m to shareholders and higher dividend payouts after posting a 51% rise in first half earnings. Business • 04 Dec 14
Betfair profit boosted by World Cup betting Betting on the soccer World Cup helped to drive quarterly revenues and profit at Betfair to record levels, the online gambling company said. Business • 04 Sep 14
Betfair's annual profits beat expectations Betfair said it hoped the World Cup would provide a boost to business after its annual profit came in ahead of forecast today. Business • 11 Jun 14
Betfair says heading for top end of profit target Betfair said it was on course to reach the top end of its profit guidance as investments in Italy and New Jersey prove less expensive … Business • 06 Mar 14
Betfair looks to expand in Italy and the US Betfair said it was looking to expand in Italy and the US after reporting a 16% rise in underlying profit in the first six months … Business • 03 Dec 13
CVC ends pursuit of Betfair after bids rejected Betfair and CVC Capital Partners have ended takeover talks after the private equity firm said it would not make a third revised offer. Business • 14 May 13
Betfair lifts profit forecast Online gambling company Betfair today raised its profit forecast and cost savings target. Business • 07 May 13
Betfair turns down $1.4 billion CVC offer Online gambling company Betfair today rejected a $1.4 billion takeover approach from private equity firm CVC Capital Partners, Business • 22 Apr 13
CVC considering bid for Betfair Betfair is the target of a possible takeover offer from the private equity firm that owns Formula One motor racing. Business • 15 Apr 13
Betfair says CFO to step down Online gambling exchange Betfair said today its chief financial officer Stephen Morana would leave the company after having served as interim chief executive for several … Business • 11 Sep 12
Betfair wins German online licence The first licences to offer online gambling in Germany have been awarded, with UK online betting firm Betfair benefiting from the state of Schleswig Holstein's … Business • 03 May 12
