Finance

Is the market overreacting to Paddy Power Betfair’s Q4 results?

Operator’s share price hit a six-month low on Tuesday following yesterday’s negative trading update

Paddy Power Betfair (PPB) was the worst performer on the FTSE 100 yesterday, dropping 4.4% on the back of a trading update that reported a 3% fall in Q4 Online revenues. The decline continued Tuesday morning, with the operator’s stock at 8,115p after closing at 8,675p last Friday. However, some analysts were quick to point…

Finance

Latest

Sports betting  |  OPAP stripped of Greek online sports betting licence

News 20 September 2019

Strategy  |  GiG extends Hard Rock sportsbook deal to Iowa

News 20 September 2019

Launches  |  The week in B2B news (20 September 2019)

News 20 September 2019

Poker  |  Microgaming to close MPN poker network next year

News 20 September 2019

People  |  SG Digital CCO to depart

News 19 September 2019