Paddy Power-Betfair chairman Gary McGann yesterday defended the betting services group’s remuneration policy as “fair, transparent, and balanced” despite nearly a third of investors voting against it at the group’s first AGM as a merged entity.
Thu, 19 May, 2016
Shares in newly merged betting services firm Paddy Power-Betfair fell by nearly 4% yesterday, before recovering slightly, after the group said first-quarter revenues were affected by adverse sports results, including a €20m hit from the Cheltenham festival in March.
Thu, 05 May, 2016
Paddy Power-Betfair has no immediate plans to replace outgoing chief operating officer Andy McCue — whose departure was announced yesterday — with his role set to be subsumed by chief executive Breon Corcoran for the foreseeable future.
Thu, 24 Mar, 2016
Paddy Power’s management has said it will not decide on the level of redundancies stemming from its near €7bn merger with UK rival Betfair until completion of the deal in the first quarter of 2016.
Tue, 22 Dec, 2015
THE founders of Startup bootcamp used yesterday’s Dublin Web Summit to announce the addition of Ireland to its growing list of locations. The venture by the technology entrepreneurship mentoring programme, which started in Copenhagen, acts as a high level incubation centre for technology start-ups.
Wed, 09 Mar, 2011