Breon Corcoran is the CEO of Paddy Power Betfair, gaining the position in February 2016. Prior to his appointment, he was the CEO of Betfair in London, from August 2012. He is also the non-executive director of Tilney Betinvest, which offers investment management, financial planning, investment advice, portfolio management, and services for charities.
Paddy Power Betfair’s chief executive officer has announced he will be stepping down after 16 years with the company. No handover date has been set, but it is understood that he will be replaced by Worldpay chief executive, Peter Jackson. Mr. Jackson has been an independent, non-executive director of Paddy Power Betfair since 2016. It […]
International bookmaker Paddy Power Betfair reported 16H1 results this week, including results of Australian operator Sportsbet. The gambling giant, created by the merger of Paddy Power and Betfair, said while revenues grew 18 percent to £759 million ($1 billion) in the first half of 2016, the group saw a loss of £47.5 million, as a […]
Paddy Power Betfair is reportedly bullish of the year ahead following their merger, thanks to growth in Australia, reports the Financial Times. Irish bookmaker Paddy Power reported revenues of €1.1 billion (US$1.2 billion), up 24 percent in 2015, and profits rose 8 percent to €179.7 million. The strong growth in Australia was a factor to […]
The Sunday Times has named Betfair Chief Executive Breon Corcoran as “Business Person of the Year 2015.” In a special feature written by The Times leisure correspondent Peter Evans and titled “Gambling Geek”, Corcoran details his tenure to date as leader of Betfair, which has seen the CEO transform the operator from its 2011 post […]
While the business of selling slots to casinos and online operators remains distinct, the two have been brought closer together in recent years by a new strategic approach which stresses the importance of offering consistency in product, payment and marketing - both in-venue and online. Omni-channel has been a favorite term on the industry conference circuit for some time now, but it appears to finally be having a tangible impact on the strategy and results of many of gaming’s biggest firms. We explore whether it will have the same impact in Asia.