A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Fancy a €6.3m flutter with bookies Paddy Power, and a guaranteed return on your spend?
Wed, 04 Sep, 2019
Trade union Mandate has warned of potential strike action at betting firm Paddy Power.
Wed, 10 Jul, 2019
Flutter Entertainment - the holding company of betting firms Paddy Power and Betfair - is unlikely to play a part in an expected fresh wave of consolidation in the UK online gambling sector.
Tue, 02 Jul, 2019
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.
Mon, 08 Apr, 2019
Peter Jackson took over the day-to-day running of the betting group in January of last year.
Wed, 27 Mar, 2019
Paddy Power-Betfair is looking to enter more new markets in mainland Europe through additional bolt-on acquisitions.
Wed, 06 Mar, 2019
Paddy Power Betfair is to mount a legal challenge after being landed with a €55 m euro tax bill in Germany and Greece.
Wed, 13 Feb, 2019
Shares in Paddy Power-Betfair jumped by as much as 2.5% on the back of the betting group taking a punt on the growing eastern European markets of Georgia and Armenia.
Fri, 01 Feb, 2019
British bookmaker William Hill has said it will remodel its retail business this year, after it warned full-year 2018 adjusted operating profit was expected to be about 15% lower than a year earlier.
Tue, 22 Jan, 2019
Shares in leading betting companies which have been pushing into the US market because of tighter regulations in the UK, fell after the US Department of Justice called for wider restrictions on all gambling on the internet.
Wed, 16 Jan, 2019
Paddy Power-Betfair’s expansion into the US sports betting market may add as much as €240m to its annual group earnings by 2023, according to Davy.
Thu, 22 Nov, 2018
Paddy Power-Betfair shares edged higher after the betting and gaming group marginally improved its full-year earnings guidance on the back of a good third quarter performance.
Sat, 03 Nov, 2018
Shares in Paddy Power barely flickered after the UK unveiled new gambling controls and higher tax on the view that the measures were less painful for industry players than they would have feared.
Wed, 31 Oct, 2018
Paddy Power Betfair has been fined £2.2m (€2.5m) by Britain's gambling watchdog for a raft of failings including allowing a punter to gamble money stolen from a dogs home.
Tue, 16 Oct, 2018
Paddy Power-Betfair shares tumbled by more than 7%, knocking over €500m from the company’s market value, after the betting giant lowered its expectations for its full-year earnings based on a muted second-half outlook.
Thu, 09 Aug, 2018
Bookmakers Paddy Power Betfair have reported a rise in their revenue and pre-tax profits for the first half of this year.
Wed, 08 Aug, 2018
William Hill is the latest European betting firm to take a punt on the US market as tougher regulation in its home market of the UK continues to weaken its business.
Sat, 04 Aug, 2018
One Paddy Power customer is €10,000 richer today after successfully predicting France v Croatia ’s half-time and full-time scores in the World Cup final.
Mon, 16 Jul, 2018
The 2018 World cup started yesterday in Russia much to the delight of football fans everywhere and it didn't take fans long to start to come up with some priceless football puns.
Fri, 15 Jun, 2018
Paddy Power-Betfair boss Peter Jackson has said the company is “very keen” on making further acquisitions in Australia, where it already leads the online betting market through its Sportsbet subsidiary.
Sat, 19 May, 2018
Paddy Power-Betfair shares jumped more than 7% on the back of the betting group confirming merger talks with US ‘fantasy sports’ company FanDuel.
Thu, 17 May, 2018
Paddy Power-Betfair earnings could take a 3%-6% hit if the UK government imposes maximum betting restrictions on gaming machines in bookmakers’ British shops, analysts have warned.
Wed, 25 Apr, 2018
Bank of Ireland’s new chairman Patrick Kennedy — currently deputy chair but best known as a former chief executive at bookie Paddy Power — is in line for a pay hike of up to €364,000 if he is to be paid the same as outgoing chairman Archie Kane.
Sat, 14 Apr, 2018
Shares in Paddy Power-Betfair fell by 4% amid investor concern over the company’s performance in mainland Europe.
Thu, 08 Mar, 2018
Paddy Power-Betfair is one of only two interested parties left in the running to buy the Australian operations of British bookmaker William Hill, it is understood.
Tue, 06 Mar, 2018
Betting shares, including Paddy Power-Betfair, rose sharply on the back of further industry consolidation talk, this time concerning a potential $5.2bn (€4.4bn) takeover of Ladbrokes-Coral by online operator GVC, which owns Bwin and Foxy Bingo, writes.
Fri, 08 Dec, 2017
Shares in Paddy Power-Betfair jumped by over 3% on the back of reports linking the Dublin-based betting and gaming services group with Australian online betting firm CrownBet,
Sat, 25 Nov, 2017
The bookmaker admits it was quite a coup, writes
Sat, 02 Sep, 2017
Shares in betting services group Paddy Power-Betfair dropped a further 4% yesterday after it posted first-half earnings which fell short of analyst expectations.
Wed, 09 Aug, 2017
Shares in Paddy Power Betfair fell more than 8% during yesterday on the unexpected news that Breon Corcoran was stepping down as CEO, a day before the company’s half year results.
Tue, 08 Aug, 2017
Pending legislation in the UK could weigh on betting services giant Paddy Power-Betfair’s stock performance, analysts have warned.
Thu, 04 May, 2017
Paddy Power Betfair is seeking to get even with punters at next week’s Cheltenham Festival after the UK betting industry incurred record losses at last year’s edition of the storied horse-racing event.
Wed, 08 Mar, 2017
Shares in bookmaker Paddy Power Betfair fell almost 6% yesterday as brokers focused on the prospects of growth in online gaming across the industry.
Wed, 08 Mar, 2017
Tue, 24 Jan, 2017
Thu, 05 Jan, 2017
Shares in Paddy Power-Betfair jumped more than 4% to breach the €100 mark, yesterday, after the betting services group reported on a strong third quarter and upped its earnings estimates for the full year.
Sat, 05 Nov, 2016
Thu, 25 Aug, 2016
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
Paddy Power have been taking bets on Donald Trump's manhood.
Thu, 21 Apr, 2016
Newly merged betting services giant Paddy Power-Betfair is expected to increase revenues by 16% this year, with growth of 10% and 8% anticipated in each of the following two years.
Wed, 20 Apr, 2016
As many as 300 Paddy Power staff working in skilled roles across a range of departments are to lose their jobs as part the bookmaker’s €10bn merger with former rival Betfair.
Wed, 06 Apr, 2016
Two main offices will be created in Clonskeagh, Dublin, where ''Power Tower'' has been based for several years, and in a second centre in Hammersmith, London.
Tue, 05 Apr, 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