Profits fall but Paddy hails progress

Bookmaker Paddy Power said a “cracking” year for punters had left it with a 15% slide in profits after a run of exceptionally customer-friendly sporting results.

Profits fall but Paddy hails progress

Bookmaker Paddy Power said a “cracking” year for punters had left it with a 15% slide in profits after a run of exceptionally customer-friendly sporting results.

The firm said it “took a proper pounding” in the racing at Cheltenham in 2009, while Six Nations rugby did not go its way and football saw a dearth of draws.

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