Betfair

US presidential election shatters political betting records as Brits trade £600M through Betfair

US presidential election shatters political betting records as Brits trade £600M through Betfair

US Presidential elections have finally cleared the doubts about the next US President in a close race to the White House.

ASA criticizes Foxy Games for displaying ‘socially irresponsible’ advert; Betfair gets clean chit

ASA criticizes Foxy Games for displaying ‘socially irresponsible’ advert; Betfair gets clean chit

The Advertising Standards Authority (ASA) in the United Kingdom has criticized online casino operator ElectraWorks Limited after one of its adverts was found in breach of local responsible marketin

Betfair Valued at £1.4bn on Flotation

Betfair founded by Andrew Black, a one-time professional gambler, and former City trader Edward Wray is said to have been found 10 years ago. Before the trading had commenced the combined stake is said to have been valued at £320 million.

This online gambling Company is at present valued at at £1.4 billion on its stock market debut. Left with almost 20% of the business, the duo are said to have sold million shares in the initial public offering. These shares are believed to be between £14 million and £17 million.

Betfair arranges to take a £1.5bn bet on stock market

Betfair, the online gambling group is on the edge of a £1.5 billion flotation that might valiant the stock market waters since a number of latent catalogs were dragged this year.

The group might be one of the largest stock market entrance so far this year, but it is unstated that the group and its advice-giver have yet to determine on the imperative matter as to how the float would be valued.