Paddy Power Betfair secures ?250m loan facility
13th May 2019 10:27
(Sharecast News) - Paddy Power Betfair has agreed an additional £250m loan facility, the bookmaker announced on Monday.
Read morePaddy Power Q1 revenues up despite 'unfavourable' sports results
2nd May 2019 07:51
(Sharecast News) - First quarter revenues at bookmaker Paddy Power Betfair rose 17% despite a string of "unfavourable" racing and football results in the UK and Ireland.
Read moreGambling Commission bans roulette-style games infringing FOBTs
3rd Apr 2019 10:03
(Sharecast News) - The gambling regulator forced two bookmakers to take down two new roulette-styled games that bypassed the latest regulations in the fixed-odds betting terminals.
Read moreMPs accuse bookies of 'cheating' FOBT rules with roulette-style games
2nd Apr 2019 08:51
(Sharecast News) - Bookmakers have been accused of violating new rules on fixed-odd betting terminals after an investigation found that high-stakes roulette-styled games were launched on the same day as the restrictions on the machines were implemented.
Read morePaddy Power Betfair plans name change as results hit targets
6th Mar 2019 09:06
(Sharecast News) - Paddy Power Betfair said it was planning to change its name to Flutter Entertainment after reporting a rise in revenue but fall in profits for last year.
Read moreLabour calls for further crackdown on bookmakers
1st Mar 2019 12:56
(Sharecast News) - Bookmakers could have to restrict the size of bets and put in place systems to stop punters betting more than they can afford, if the UK's Labour party has its way.
Read moreGambling companies set up new lobbying group
25th Feb 2019 11:30
(Sharecast News) - Gambling companies are set to unite in a new trade body to lobby politicians against tougher regulations in the industry.
Read moreJefferies bullish on bookies GVC, Hills and PPB
4th Feb 2019 11:50
(Sharecast News) - GVC Holdings, William Hill and Paddy Power Betfair were all initiated at 'buy' by Jefferies on Monday as analysts see "at least a decade" of growth in the USA.
Read morePaddy Power buys 51% of Georgia's Adjarabet for £101m
1st Feb 2019 07:35
(Sharecast News) - Paddy Power Betfair said it had bought an initial 51% controlling stake in Georgian betting outfit Adjarabet for £101m, adding that it expected to snap up the rest of the company within three years.
Read moreGambling stocks stumble as US reverses online betting ruling
15th Jan 2019 12:32
(Sharecast News) - UK gambling stocks that have expanded across the Atlantic took a hit on Tuesday after the US Department of Justice moved to tighten regulations on online gambling.
Read moreGAN and Paddy Power Betfair expand US collaboration
10th Jan 2019 10:12
(Sharecast News) - Gambling software provider GAN has signed an extension to its long-standing partnership with Paddy Power Betfair in the US.
Read moreMPs to vote on FOBTs next week, GVC shares fly
14th Dec 2018 12:32
(Sharecast News) - Shares in GVC Holdings were galloping higher on Friday after the confirmation that a parliamentary vote will be held next week on legislation to crack down on fixed-odds betting terminals.
Read moreUK gambling firms agree to ban ads during sporting events
13th Dec 2018 09:28
(Sharecast News) - UK betting firms confirmed on Thursday that advertisements will no longer be shown during sporting events in a "whistle-to-whistle" ban proposed responsible gambling campaigners.
Read moreBP, Astra, NMC, Lloyds among Barclays' European top picks
19th Nov 2018 08:52
(Sharecast News) - Although poor investor sentiment, "idiosyncratic risks" including Brexit, Italian and German politics, ECB and European parliamentary elections next year have weighed on European stock, Barclays expects to see some of the losses to be recouped into the year end, with 19 selected as "top picks".
Read morePaddy Power narrows FY guidance as Q3 profits fall
2nd Nov 2018 07:06
(Sharecast News) - Gambling outfit Paddy Power Betfair raised the lower end of full year guidance as it reported a 16% fall in underlying earnings before interest, tax, depreciation and amortisation (EBITDA) to £101m.
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