Paddy Power to create 50 jobs after new deal

Irish bookmaker Paddy Power will generate 50 smart economy jobs in technology, risk management and quantitative analysis in the company’s Tallaght headquarters by the summer of 2010, it was announced today.

Paddy Power is set to manage risk and pricing for French bookmaker PMU’s new online sports betting business for the five-year period from 2010 as PMU expands into the French online sports betting market, which is scheduled to open up in the first half of next year.