Friday, December 3, 2021

Tag: betfair

Flutter unphased by punter’s October purple patch

Flutter Entertainment financials
Flutter Entertainment has cut its full year profit guidance after punters enjoyed a winning streak in October, but the future still looks bright for the world’s largest operator.

Flutter limits under-25s to £500 in losses per month

Flutter Paddy Power Betfair affordability
Flutter has become the first bookmaker to limit the amount young gamblers can lose to £500 per month.

Commission hits two operators hard for SR breaches

gambling-commission levels fines
The Gambling Commission has levelled £2.7 million in fines to two key operators for breaches of SR and AML rules. It’s been a busy week at the Gambling Commission which has handed out two considerable fines to operators considered to be at the harder end of the gambling spectrum. First the Rank Group, at £500,000, for failing to intervene in problem...

Paddy Power Betfair downplays FOBT cut

Gambling giants Paddy Power Betfair has claimed that it can weather the £2 stake cut to FOBTs, standing in stark opposition to many other sires of ruin within the industry. The bold assertion comes as the company reported a four per- cent rise in profits for the first half of 2018 with totals hitting £106m. A statement from the firm...