Betfair gambles on interim boss

Betfair, the online betting company, says its current Chief Financial Officer, Stephen Morana, will act as the group's interim Chief Executive until August 2012.

Betfair, the online betting company, says its current Chief Financial Officer, Stephen Morana, will act as the group's interim Chief Executive until August 2012.

Betfair, which also released its half yearly results today, has previously said that by August next year Breon Corcoran, formerly of Paddy Power, will take up the reins from the current CEO David Yu.

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