Archive for the ‘BetFair’ Category.

BetFair (B+) Rejects Takeover Offer

April 23, 2013

British Bookie BetFair (Rating B+) rejects buyout offer from a private equity firm for $1.3 Billion.  The offer comes from a company called CVC Capital Partner, a company best know for sponsoring Formula 1.  That company is run by one Richard Koch, an early investor of BetFair and 6% share holder. Betfair responded to the […]

Betfair Reports Record Numbers on Wimbledon

September 13, 2012

Over all Soccer betting numbers are down for world wide sportsbooks but many, like BetFair (SBA Rating B-) claim the slow start was more than made up for with a record setting amount of action on Wimbledon. Betfair reports that more than £58 million of bets were taken on the July tennis match in which […]