Number of active users slides at Betfair

Online betting exchange operator Betfair managed to boost revenues through the three months to the end of December, despite the loss of income from its Italian business.

Online betting exchange operator Betfair managed to boost revenues through the three months to the end of December, despite the loss of income from its Italian business.

Core revenue was £85.3m during the quarter, a rise of 11% on the same period of 2011. Over the nine months to the end of 2011, the total figure was £255.6m, a gain of 5% on the prior year.

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