Paddy Power Betfair made £440 million profit in 3 months

Revenues at bookmaker Paddy Power Betfair rose by 9 per cent to £440million in the group’s third quarter, driven by 11 per cent growth in sports revenue.

In the three months to end-September, revenues rose from £404 million to £440 million, with underlying earnings (EBITDA) up 7 per cent to £121 million. The group now expects full-year earnings to be in the range of between £450 million and £465 million.

https://www.irishtimes.com/business/retail-and-services/revenues-rise-by-9-at-paddy-power

 

Donald Dumped. Paddy Power exploiting Melania Trump.

WASHINGTON, DC – OCTOBER 13: (L to R) First Lady Melania Trump looks on as U.S. President Donald Trump takes questions from reporters, on their way to Marine One on the South Lawn of the White House, October 13, 2017 in Washington, DC. The President and First Lady are making a visit to the U.S. Secret Service training facility in Beltsville, Maryland. (Photo by Drew Angerer/Getty Images)

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Donald Dumped – Could Melania’s body double mean Trump will remarry? Our traders have the odds: