Fri, 15th Jan 2016 16:03
(ShareCast News) - Paddy Power said on Wednesday it expects to report a rise in full year operating profit before exceptional items as it announced a good end to last year. The bookmaker, which is currently in the process of merging with Betfair, expects operating profit for the year ended 31 Decemb
Read more(ShareCast News) - Dublin-based bookmaker Paddy Power, which is set to merge with Betfair to create one of the world's largest betting and gaming companies, said trading in the period from 1 July to 15 November has been in line with its expectations following a very strong first half performance. "T
Read more(ShareCast News) - Broker Numis has upgraded Betfair and Paddy Power to a 'buy' rating as the two bookmakers close in on a merger. Despite their high valuation, the pair have a history of outperforming market expectations and the broker believes their share prices will rise as investors to revisit t
Read more(ShareCast News) - Barclays upgraded William Hill to 'overweight' from 'equalweight' and lifted the price target to 415p from 385p as it took a look at the European gaming sector. "In an industry with duplicated cost bases and where scale matters, it is no surprise consolidation is kicking-off; it i
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