Betfair to float in the autumn

16/07/2010 | By More

I’m told that according to Sky News today, Betfair are to list on the stock market in the Autumn with a target valuation of £1.5bn. That would be a multiple of 40 times last years earnings which is a significant premium to pay. Betfair appeared to dismiss the rumours earlier in the week during their forum chat.

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Category: Using Bet Angel

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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