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Paddy Power Betfair PLC (PPB.L)

PPB.L on London Stock Exchange

8,355.00GBp
11:52am EDT
Change (% chg)

75.00 (+0.91%)
Prev Close
8,280.00
Open
8,345.00
Day's High
8,375.00
Day's Low
8,190.00
Volume
125,361
Avg. Vol
232,054
52-wk High
9,184.90
52-wk Low
6,572.50

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Financials

  PPB.L Industry Sector
P/E (TTM): -- 40.03 18.54
EPS (TTM): -- -- --
ROI: -- 10.87 10.76
ROE: -- 24.79 12.92

Factbox: British bookmakers bolster U.S. operations as UK cracks down

The U.S. Supreme court in May paved the way to legalize sports betting by overturning a 1992 federal law that had effectively prohibited sports gambling except in Nevada and, to a limited extent, Delaware, Montana and Oregon.

May 31 2018

Deals of the day-Mergers and acquisitions

May 23 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

May 23 2018

Paddy Power Betfair merging U.S business with FanDuel

DUBLIN Paddy Power Betfair has agreed to merge its U.S. business with fantasy sports company FanDuel to target the U.S. sports betting market that is set to open up in the coming years, the Irish bookmaker said on Wednesday.

May 23 2018

Paddy Power Betfair merging U.S business with FanDuel

DUBLIN, May 23 Paddy Power Betfair has agreed to merge its U.S. business with fantasy sports company FanDuel to target the U.S. sports betting market that is set to open up in the coming years, the Irish bookmaker said on Wednesday.

May 23 2018

Paddy Power Betfair welcomes UK decision, says preparing for U.S. expansion

DUBLIN Paddy Power Betfair welcomed the British government’s decision to reduce the maximum stake on fixed odds betting terminals to two pounds as the issue had become a lightning rod for the industry, CEO Peter Jackson said on Friday.

May 18 2018

Britain cuts top stake on gambling machines on addiction fears

Britain will cut the maximum stake on fixed-odds betting terminals to just two pounds after the government opted to try to tackle problem gambling and rejected claims that such a big reduction could cost thousands of jobs.

May 17 2018

UPDATE 4-Britain cuts top stake on gambling machines on addiction fears

* Online gambling also faces higher duty (Adds analyst view on Remote Gaming Duty, updates shares)

May 17 2018

Deals of the day-Mergers and acquisitions

May 16 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

May 16 2018

Political risk hits Milan bourse, weak euro backs European shares

MILAN/LONDON Italy's two anti-system parties' progress to form a coalition and free up billions of euros for tax cuts and welfare scared off investors and hit the Milan bourse on Wednesday while a weak euro provided support to the broader European market.

May 16 2018

Paddy Power Betfair in discussions to buy FanDuel

DUBLIN Paddy Power Betfair is considering merging its U.S. business with fantasy sports company FanDuel to target the U.S. sports betting market, the Irish bookmaker said on Wednesday. | Video

May 16 2018

Earnings vs. Estimates