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Paddy Power & Betfair merge

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    Paddy Power & Betfair merge

    Paddy Power & Betfair have this morning informed the Stock Exchange of their intention to merge their businesses.

    Breon Corcoran who was widely touted as a frontrunner for appointment as head of PP before being persuaded by Andrew Black to jump ship & join Betfair will become CEO of the new entity.

    One possible benefit for the "iPoker must die" brigade is that BF own their own poker software. They acquired PokerChamps.com when leaving the Cryptologic network.

    #2
    Is the merger across all platforms? Merging of the sportsbook, exchange, poker and casino??

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      #3
      Originally posted by DeeBrown View Post
      One possible benefit for the "iPoker must die" brigade is that BF own their own poker software. They acquired PokerChamps.com when leaving the Cryptologic network.
      And used it for a couple of years before moving to iPoker, can't imagine they'd go back although I would definitely play there again.

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        #4
        The sportsbooks/ exchange will probably remain separate entities but hopefully the poker situation will change,it needs to badly.
        Shares in both jumped about 20% yesterday;

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