Betfair had a very good last 12 months. The year of Betfair runs from April to April and Till the end of April 2011 Betfair had a very good financial year. The company announced that revenues has increased by 8% and now if a staggering 368.6 million pounds.
There were a few pointers that could explain the good year numbers of the Betfair Company. There was a increase of Real money players what is a good thing for any Company because it increases revenue. and the Number of Bets also increased alot. The number of bets increased with 20%.
The CEO of Betfair was satisfied with the results. He said the following: ”In The last 12 months the Betfair have witnessed noteworthy changes as the business maintained on with its growing pace and made the changeover to being a well known public company.”He also stated that the company has earned a huge amount and the customer level is at the peak.