Ladbrokes Coral vs Paddy Power Betfair after H1

Paddy Power Betfair has now had a half year in operation since the two operators completed their merger in February, and there were a number of positive results in its H1 report covering the six months ended 30 June. Increases in revenue (18%) to £759m and underlying operating profit (39%) to £148m year-on-year were only offset slightly by the reporting of an operating loss after merger-related items of £48m. Though it has had a head-start of ...