New Posts For Thread: Betfair revenue up 31%https://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31from mangement of customer fundshttp://www.investegate.co.uk/article.aspx?id=201109060700136723N&fe=1Pity they cant afford to improve the security of those funds by making the website login as secure as other institutions that hold customers funds.its called longfirming, about 40 years ago a firm called oddbins sold spirits 1p a bottle cheaper than could be bought at any supplier in countrymassive turnover, 3 months rollover credit with supplier, daily interest on money banked,unfortunately wehttps://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506346927#506346927its called longfirming, about 40 years ago a firm called oddbins sold spirits 1p a bottle cheaper than could be bought at any supplier in countrymassive turnover, 3 months rollover credit with supplier, daily interest on money banked,unfortunately weWed, 07 Sep 2011 03:07:27 -0500https://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506346723#506346723Wed, 07 Sep 2011 02:51:47 -0500I take it back.https://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506346673#506346673I take it back.Wed, 07 Sep 2011 02:46:35 -0500From the prospectus:"Betfair receives a management fee representing interest earned from the investment of customer deposits. This fee is recorded as ‘‘revenue from management of customer funds’’ in the Core Betfair segment."and from the lasthttps://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506346663#506346663From the prospectus:"Betfair receives a management fee representing interest earned from the investment of customer deposits. This fee is recorded as ‘‘revenue from management of customer funds’’ in the Core Betfair segment."and from the lastWed, 07 Sep 2011 02:44:49 -0500You don't know that from the statement Martinch. It could be anything maybe renegotiated client account charges or clawback on dormant accounts but it does not say that the reason for the growth is interest. In any case the income is tiny.https://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506346547#506346547You don't know that from the statement Martinch. It could be anything maybe renegotiated client account charges or clawback on dormant accounts but it does not say that the reason for the growth is interest. In any case the income is tiny.Wed, 07 Sep 2011 02:33:37 -0500yuphttps://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506345897#506345897yupWed, 07 Sep 2011 01:42:47 -0500Revenue from management of customer funds 0.9 Mis this interest from client accounts?https://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506334397#506334397Revenue from management of customer funds 0.9 Mis this interest from client accounts?Tue, 06 Sep 2011 17:14:17 -0500from mangement of customer fundshttp://www.investegate.co.uk/article.aspx?id=201109060700136723N&fe=1Pity they cant afford to improve the security of those funds by making the website login as secure as other institutions that hold customers funds.https://community.betfair.com/general_betting/go/thread/view/94082/28256155/betfair-revenue-up-31?post_id=506330321#506330321from mangement of customer fundshttp://www.investegate.co.uk/article.aspx?id=201109060700136723N&fe=1Pity they cant afford to improve the security of those funds by making the website login as secure as other institutions that hold customers funds.Tue, 06 Sep 2011 15:54:18 -0500