Betfair revenue up as number of punters rises November 3, 2014 BETFAIR, one of the world’s largest internet betting exchanges, yesterday announced it had seen a 22 per cent boost in revenue in the second quarter of 2014. The betting giant’s revenue rose to £119m in the three months up until the end of October, driven by what it defined as “strong growth in active customers [...]
Fever-Tree IPO: Float priced tonight November 3, 2014 Bankers to the drinks mixers group Fever-Tree expect to price its stock market flotation tonight, confounding a poor market for new issues. Floating on London’s Aim, the listing will see 50 per cent of the drinks group bought by outside investors. The company is looking to raise just £4m of new money from the [...]