Another broker says sell, another week of dreadful unplanned site outages, another marketing campaign criticised by the Advertising Standards Authority.... It's not looking good for Betfair shareholders, now trading in the 850p range, getting dangerously close to half their market peak of 1610p just a few months ago. The Cricket World Cup is underway and Cheltenham's just around the corner - a few folks in the ivory tower will be praying for some record figures, otherwise there has to be some blood spilling from the board room soon as the value of the company continues to slide.
A blog about betting, trading, sport and some of the dodgy elements within them. www.sportismadeforbetting.com.