Betfair Share Price

[Knight Rider]

.......the RESULTS are in

Betfair Group plc will announce its results for the year ended 30 April 2013 on Thursday 27 June.

Betfair's underlying pre-tax profits fell by 27% to £38.0m in the year to the end of April.

Revenues were flat at £387.0m (2012: £388.5m) but underlying earnings before interest, tax, depreciation and amortisation fell by 15% to £73.3m.


- See more at: http://www.stockmarketwire.com/artic....6ynTviuX.dpuf

[Emkayracing]

Not doing too bad now?!

Betfair currently runs three distinct products – the world-first/world-famous Exchange (pioneered in 1999), a huge Gaming platform (including live poker dealers, bingo, a casino and hundreds of slot machines), and new to 2013, a traditional Sportsbook. As these all evolve though, the lines are becoming more and more blurred, and our dream is one fully integrated product.

[Caan Berry]

Seems the Sportsbook is taking over as expected - What are the odds of them using some of the profits to fix the cake and arse API?

[Emkayracing]

Probably not too high on their list of priorities?!

I can't recall seeing any exchange-related adverts recently, it's all 'Price Rush' this, or 'This Is Play' that. Easy to see what the company is focussing on - but with results like these and other bookies not doing so well, that probably won't change any time soon. What price we see Betfair shops on the high street soon?

[Caan Berry]

Yes.... wouldn't be suprised with the shops.

[Thomson]

Maybe a large representation on course would be the aim.

With a sports-book and the worlds largest exchange in house they could rival the Tote.
Years of race sponsorship will have done that goal no harm.

30% take must look attractive....Bet Fred put a bit back but not what it was....