Half Year Results 

Paddy Power Betfair looks to maintain growth

Paddy Power Betfair looks to maintain growth

Paddy Power Betfair's (PPB) drive to become the industry leader in regulated gambling markets could soon begin to act as a drag on earnings growth. That's the take of Numis analyst Richard Stuber. Continuing to expand in Australia and the UK, where it has a leading market share in online gambling, could become increasingly difficult – and the bookie will face the challenge without CEO Breon Corcoran, who is leaving after 16 years with the group's constituent companies. He will be replaced by Peter Jackson, currently the UK CEO at Worldpay (WPG). 

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