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Tag: betting exchange

Betfair Launching First US Betting Exchange May 10

Posted on by btrembath
Betfair is looking at a May 10 launch for what the company is calling, the first US betting exchange, out of Monmouth Park, New Jersey racetrack. It's a big move for the company and has the potential to shake up the New Jersey online gambling market. The UK-based bookmaker cracked the US online gambling firewall…

Betfair Stocks Jump After Sweet Q3 Earnings

Posted on by btrembath
Betfair betting exchange stock prices took a 21% leap after the company released some very impressive numbers in their Q3 earnings reports. According to a report from CalvinAyre.com, Betfair's revenue was up 20% last quarter over the same time last year. Earnings on that revenue were up a whopping 17%. Mobile wagering was one (of…