Sports betting

Paddy Power Betfair chief downplays prospects for US sports betting

Breon Corcoran says he is “less bullish than most” on online betting prospects

Paddy Power Betfair (PPB) chief executive Breon Corcoran has played down the prospects for legalized US sports betting in the near future. Speaking yesterday on the firm’s Q3 earnings call, Corcoran said PPB was “probably less bullish on sports betting than most people we speak to or whose analysis we read”. “There’s an awful long…

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