Paddy Power Betfair Q3 online revenues slide 3% on sportsbook decline

Sports betting revenues fall 3% year-on-year as operator confirms Peter Jackson will take up CEO role on 8 January

Paddy Power Betfair (PPB) this morning announced a 3% year-on-year decrease in Q3 online revenues following a fall in sportsbook revenues and a flat-lining gaming business. The Group recorded digital revenues of £216m for the three-month period to 30 September 2017, down from £222m in the comparative period in 2016, with sportsbook revenue sliding 3%…

Finance | Paddy Power Betfair | Sportsbet