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Betfair revenues up, profit down

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The online betting exchange announced for the year to 30 April 2007 a 30 per cent increase in annual revenues to £182m and earnings of £48m, up 20% compared with the previous 12 months, while an heavy investment program in technology and new products saw the pre-tax profit fell to £25.3m from £36.5m in 2006.

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Bookmakers Review
Bookmakers Review serves as an online sportsbook authority and player advocate, helping to resolve sportsbook disputes and also providing players with the information they need to choose a quality operator.

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