Key Developments: Betfair Group PLC (BETF.L)

BETF.L on London Stock Exchange

1,742.00GBp
27 Feb 2015
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Latest Key Developments (Source: Significant Developments)

Betfair Group PLC's subsidiary TVG acquires HRTV horseracing television network
Wednesday, 18 Feb 2015 02:00am EST 

Betfair Group PLC:Says it's subsidiary TVG has acquired HRTV horseracing television network from The Stronach Group.Says it will own 100 pct of equity in unified television platform.TVG acquires broadcast rights to all races from Santa Anita, Gulfstream Park, Pimlico, Golden Gate Fields and Laurel Park for term of seven years.Makes an initial payment of $25 mln and estimates that it will pay further consideration totalling $47.8 mln over seven year period, although total consideration is dependent upon TVG's future handle.  Full Article

Betfair Group PLC declares B share dividend
Friday, 23 Jan 2015 04:00am EST 

Betfair Group PLC:Announces that it has declared the B Share Dividend of 1.89 pounds per B Share payable to those holders of B Shares who were on the B Share register of members on Jan. 22, 2015.  Full Article

Betfair Group declares interim dividend
Thursday, 4 Dec 2014 07:01am EST 

Betfair Group PLC:Declares an interim dividend of 9.0 pence per share (H1 FY14: 6.0 pence).Payable on Jan. 16, 2015 to holders of relevant shares on the register at Dec. 12.  Full Article

Betfair Group PLC gives FY 2014 EBITDA guidance in line with analysts' estimates - Conference Call
Thursday, 4 Dec 2014 05:15am EST 

Betfair Group PLC:Expects FY 2014 EBITDA in the range of 97 million pounds to 103 million pounds.FY 2014 EBITDA of 101 million pounds - Thomson Reuters I/B/E/S.  Full Article

Betfair Group switches to a B2B model in Australasia
Wednesday, 13 Aug 2014 02:01am EDT 

Betfair Group PLC:Sells 50 pct stake in Betfair Australasia Pty Ltd to joint-venture partner Crown Resorts Ltd.Enters into an agreement with Crown to continue to provide its betting exchange in Australasia under a B2B model and will receive a share of revenues generated by the exchange in those markets.  Full Article

Betfair Group PLC recommends final dividend
Wednesday, 11 Jun 2014 02:00am EDT 

Betfair Group PLC:Recommends payment of a final dividend of 14.0 pence per share.Ex-dividend date Sept. 03.Record date Sept. 05.Payment date Oct. 03.  Full Article

Betfair Group PLC sees at high end of prior FY 2014 EBITDA guidance - Conference Call
Thursday, 6 Mar 2014 03:30am EST 

Betfair Group PLC:expects FY 2014 EBITDA to be at the higher end of the previously guided range of 82 million pounds to 87 million pounds.  Full Article

Betfair Group PLC announces interim dividend
Tuesday, 3 Dec 2013 05:10am EST 

Betfair Group PLC:Says on Dec. 3 it declared an interim dividend of 6.0 pence per share.Says ex-dividend date is Dec. 11.Says record date is Dec. 13.Says payment date is Jan. 17, 2014.  Full Article

Betfair Group PLC gives FY 2014 EBITDA guidance in line with analysts' estimates
Tuesday, 3 Dec 2013 12:00am EST 

Betfair Group PLC:Says FY 2014 range of EBITDA, is anywhere between 82 million pounds to 87 million pounds.FY 2014 EBITDA of 87 million pounds - Thomson Reuters I/B/E/S Estimates.  Full Article

SoftBank Corp's Unit Sells Out Major Stake in Betfair Group PLC- City AM
Monday, 8 Jul 2013 08:00pm EDT 

City AM reported that a 10.6% stake in Betfair Group PLC was sold by a unit of SoftBank Corp. Close to 11 million shares were placed by German investment bank Deutsche Bank on behalf of the Softbank unit Charlton Corporation for an undisclosed price. The sale of 11 million shares would be worth GBP 96 million at the closing price of 879.5 pence on July 5, 2013 and amount to about 10.57% of Betfair's market capitalization.  Full Article

BRIEF-Betfair to pay initial $25 mln for horseracing TV network

* Betfair's tvg acquires hrtv Source text for Eikon: Further company coverage:

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