“It’s complete nonsense and news to me. I’ve no idea where this came from. It’s just not on the agenda,” said Mark Davies, Betfair’s Director of Communications, commenting on the press reports suggesting the betting exchange revived its plans to float on the stock market following its operational debut in the Australian betting market.
In separate news, Betfair Australia spokesman Andrew Twaits said the company offered product fees to all the major sporting codes in Australia, while exploring a number of cross-promotional opportunities.