Tag Archives: BetFair IPO

BetFair set a price range for its initial public offering on the London Stock Exchange at $17.48 to $22.25 a share, valuing its equity at up to $2.35 billion.

“The wide price range, for an equity value between £1.16 billion and £1.48 billion, reflects mixed views on the company’s prospects for growth in countries with strict regulations on gambling, such as the U.S., and for its new financial-trading platform, … Continue reading

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The latest on the BetFair float

- High-rolling clients of Betfair, the betting exchange plotting an audacious £1bn-plus float, have been targeted by the Inland Revenue. – Online betting exchanges such as Betfair have revolutionised the industry — but helped destructive betting compulsions develop. Via Niall … Continue reading

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Jason Trost on BetFair: They haven’t innovated much, and they’re too pricey.

Jason Trost: Slow innovation: Aside from a few cosmetic tweaks, reliability improvements and the Starting Price feature, Betfair hasn’t innovated much over the last few years. For a company that boasts several hundred developers, it should be able to release … Continue reading

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