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Why would Ladbrooookes or Williiiiiam Hill.............

layer1982

28 Jun 11 20:40

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Date Joined: 14 Oct 01

| Topic/replies: 1,698 | Blogger: layer1982's blog

Not look at opening at an exchange. Betfair making huge amounts of money, surely a plc with the customer bases of the above 2 could do a decent job of an exchange??

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Report FINE AS FROG HAIR • June 28, 2011 8:53 PM BST

BF making " huge" amounts of money ?

Report layer1982 • June 28, 2011 8:58 PM BST

Am i reading this right Betfair make about 20m a year compared to ladbrokes 150m odd??

Report Banks. • June 28, 2011 9:53 PM BST

The gap is much wider than that.

Report zipper • June 28, 2011 10:59 PM BST

layer 1982 The big 3 sit back when a new kid on the block comes along with a new idea ..and betfair was a new kid But like all shooting stars they have to fall to earth sooner or later. and this prem charge on winners imo they will hit the ground big time but its only my opinon zip

Report pxb • June 29, 2011 3:11 AM BST

The problem for the existing bookies is their own exchange would cannibalize their existing business.

Doubtless the profit margins for a bookie are much juicier than for an exchange.

IMO, a competitor will come from a start up.

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