Betfair Group Ltd (BETF.L) Key Developments |
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Provider : Reuters Investment Profile
Provider : Wright Reports
Provider : Thomson Reuters StreetEvents

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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. 

Company Quote

35.0 +0.80%
1 Feb 2016