Moneybags

PADDY POWER’S US BET MAY NOT PAY OFF

Date: April 4, 2019 - Moneybags

Peter Jackson

Peter Jackson


AFTER PEAKING at a crazy €136 back in February 2016, it has been a pretty bumpy ride at Paddy Power Betfair (PPB), especially for Gary McGann, who was appointed chairman in August 2016. Moneybags previously warned (see The Phoenix 20/5/2016) that Paddy Power shares were “trading on a pro-forma p/e multiple of 50, a rating… Read more »

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