Paddy Power eyeing strong US earnings by 2025

Paddy Power-Betfair is targeting so-called 'contribution' profits of $600m (€530m)from its currently loss-making US operations by the middle of the next decade.

Paddy Power eyeing strong US earnings by 2025

Paddy Power-Betfair is targeting so-called 'contribution' profits of $600m (€530m)from its currently loss-making US operations by the middle of the next decade.

Similar to gross profit, contribution profits ignore a raft of business overheads - such as operating and administration costs, sales and marketing costs and R&D.

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