Third quarter off to a strong start at Betfair

Betfair, the online bet-matching marketplace, says increased appetite for placing bets from mobile devices and a strong start to the football season contributed to a small increase in underlying group revenues at the half-year stage.

Betfair, the online bet-matching marketplace, says increased appetite for placing bets from mobile devices and a strong start to the football season contributed to a small increase in underlying group revenues at the half-year stage.

The group, which has had a torrid start to its life as a listed company, with a number of high-profile managerial departures, said underlying group revenues were up 1% in the half year to the end of October, compared to the same period of last year.

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