Thursday, 24 September 2015

Betfair etc

I am continually scratching my head with this company, for many reasons.

The website of Edward Murray - .. is a dark hole, that may or not, be spurious nonsense .. its a trifle hard to say, but, a lot of things Mr Murray is saying, looks clearly defamatory .. so, u wonder when the court case, is coming.

The website, is reporting of an alleged Melbourne drug lord, laundering money thru the Betfair Australia arm (which was sold/disposed of .. a while ago .. so, maybe its not their problem).

This is on the back, of the million-to-one shot, of the Paddy Power / Betfair merger, which, I continue struggle to find good business sense of. This is clearly just me .. as the 'city' .. saw the news as positive, taking the Betfair share price, from +/- £26 .. to unheard of heights, of £32.

It sort of shows, either what a good job, the new CEO has done, or how under-valued it was, under previous heads.

For me, it seems to be less focused on being an exchange, and more focused on providing a mainstream bookmaker type service .. and that is both a shame, and maybe an opportunity, for others.

No comments:

Post a Comment