Taking a gamble on a mobile future

Paddy Power’s pre-tax profits, announced this week, jumped from €67m in 2009 to €104m in 2010, driven by a strong online performance but also supported by expansion in Britain and a rise in traditional trade, writes Kyran Fitzgerald

THE gamblers in our banks and property companies may be a spent force but Ireland, it seems, is increasingly a force to be reckoned with in the betting world.

The latest financial results from Paddy Power, the Tallaght-based Plc, serve as a reminder that entrepreneurial openings can emerge in all sorts of unusual spaces.