Boxing clash bonanza
GAMBLeRS betting on the August fight between Floyd Mayweather and Conor McGregor gave bookmaker Paddy Power Betfair a lift.
the company reported revenues of £440m for the three months to the end of September, up 9pc on the same period last year, while profits rose 7pc, to £121m.
Chief executive Breon Corcoran described the Las Vegas bout, which was won by Mayweather, as ‘ the highest- profile betting event of the year’.
total online revenue fell 3pc to £216m in the threemonth period against tough comparatives that included a strong contribution from the latter stages of the euro 2016 football tournament.
Shares rose 4.5pc, or 345p, to 8050p.