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Paddy Power Merger: The final betrayal?
Paddy Power Merger: The final betrayal?
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Paddy power online sportsbook revenue was £305m (412m euro).
The figures Longbridge is quoting are the operating profit online. These include online gaming revenue and exclude 320m euros of costs. PP also give their sportsbook margin of 8.9% on turnover. Betfair does not profit any real detail on its sportsbook revenue, margin or costs. |
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jamesdean works for Paddy Power and will hopefully provide the inside line
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105 on the footy forum recently saturday, live game on, and about same as a small local bookies could hold standing around, most prob not even reading the forum...
From the equivalent of inventing a cure for cancer, they create a business that fails. Surely an epic case study for future business studies academics? |
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76 now
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The customer base has dried up and no surprise when you consider the following:
1. The Exchange hidden away from potential new customers on www.betfair.com 2. Zero advertising for the Betfair Betting Exchange 3. Increases in commission for foreign customers 4. Failure to apply for Exchange Licence in many countries 5. Live Video Streams cut to the bone 6. Football matches taken away from the Exchange 7. A very reliable Sportsbook website but a bucket of dug poo for the Exchange Website 8. Plenty of offers on the Sportsbook but ZERO offers on the Exchange The net result of this deliberate action is that liquidity has increasingly dried up on the Exchange. This is all under the watch of the current Betfair CEO (Paddy Power) and current Paddy Power Betfair CEO. Yet jamesdean and Darlo Bantam fail to notice |
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westender
what markets do/did you bet on and what PC bracket are you in ? |
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The customer base has dried up and no surprise when you consider the following:1. The Exchange hidden away from potential new customers on www.betfair.com
default landing page is the sportsbook not the exchange. 2. Zero advertising for the Betfair Betting Exchange Have a look at TV and press adverts since the new leadership. They are all for the sportsbook. The 'betfair' brand of revolution and great value has been shipped onto a regular sportsbook. 3. Increases in commission for foreign customers has a look at the market base rate for markets in non-uk countries. 4. Failure to apply for Exchange Licence in many countries The policy as a plc is to not get involved in grey markets. 5. Live Video Streams cut to the bone Cannot comment. 6. Football matches taken away from the Exchange I understand that there are more matches on the SB than the exchange now. 7. A very reliable Sportsbook website but a bucket of dug poo for the Exchange Website Cannot comment on quality of sportsbook website. 8. Plenty of offers on the Sportsbook but ZERO offers on the ExchangeThe net result of this deliberate action is that liquidity has increasingly dried up on the Exchange.This is all under the watch of the current Betfair CEO (Paddy Power) and current Paddy Power Betfair CEO.Yet jamesdean and Darlo Bantam fail to notice All the offers are to lure punters to the sportsbook. Where are the offers to new exchange punters? How has the tens of millions in premium charge revenue per year been used to attract new fish to the exchange?? |
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Compare the pathetic effort to advertise the BF exchange, to the lurid campaigning that has been lavished for the sportsbook.
It really beggars belief why marketers thought such a non-original product (a bookies) was worth marketing so much more than the unique exchange concept. |
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39 viewing current live world cup rugby game forum thread - years ago that would have been 390 or more.
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the forum will be dying anyway if the SB are taking all the exchange customers.
.... there is quite a clear a link to the forum on the exchange - but not one for the SB as far as i can see . |