Tag Archives: David Yu
- Repairing Betfair
December 19, 2011
First an explanation – the importance of Betfair’s trials and tribulations is significant for the whole of the iGaming industry. Apart from being one of the largest online gambling employers – with 2000 staff in six countries – many eyes in the industry are on the Hammersmith-based company in order...
- Betfair CEO Yu exits early; Unibet abandons Spain; Denmark ID verification hiccup
December 15, 2011
Fresh off the release of boffo H1 results, Betfair CEO David Yu has decided to mimic Seinfeld's George Costanza and exit on a high note. Yu formally announced his departure months ago, but Betfair had stated that he would stay on until Aug. 1, 2012, when new CEO Breon Corcoran...
- Betfair’s CTO talks of technical challenges as stock hits record low
August 4, 2011
Shares in troubled betting exchange Betfair closed at 584.5p on Wednesday, down 16p on the day, and down over 70p since the start of the trading week. Shares had dipped as low as 578.5p on Wednesday, a historic low since the company went public last October. With all the clarity...
- Betfair announces mobile upgrades, but analysts still bearish
July 23, 2011
Betfair has announced updates to its mobile product range. The betting exchange’s iPhone 2.3 app now features the ability to deposit and withdraw funds to a registered card solely via mobile phone, as well as account loss and deposit limit features for those who can’t control their wagering ways. The...
- Betfair shares hit record low as analysts fret over lack of underlying growth
July 9, 2011
Betfair shares hit a new all-time low Friday, dropping 39.5p (5.5%) to 682p -- just 32p over half its £13 IPO price last October. The ‘down’ button was pressed by analysts at UBS, which announced it was cutting its target price from 775p to 660p on concerns over the lack...
- Sunday Times questions Betfair’s capacity for growth
July 3, 2011
After Betfair announced its full-year results last week, the Sunday Times' Matthew Goodman took a long look at just how/why the company”s shares managed to lose nearly half their value since their October 2010 float. In his profile, Goodman focused on the companies' eagerness to portray itself as a technology...
Betfair latest to exit Poland
March 28, 2017
Betfair sponsor Juventus; Unibet sponsor Aston Villa
July 5, 2017