Former Paddy Power chair Fintan Drury has partnered with co-founder Stewart Kenny and Mercury Private Equity managing director Ian Armitage to create the Stop Gambling Harm initiative. Mercury was the first-ever institutional investor to support Paddy Power, which means all members of the trio have had close and lucrative ties with the popular Irish sportsbook. […]
RTÉ, Ireland’s national TV and radio broadcaster, is the first to be affected by new advertising rules being implemented in conjunction with changes in gambling regulations in Ireland. Paddy Power has ceased its sponsorship of live televised soccer on RTÉ. Paddy Power Cuts Off Ad Deal This weekend, the Flutter Entertainment-owned betting firm confirmed that […]
Paul Mallon has decided that it’s time to end his tenure at Paddy Power. The sports betting operator’s head of brand marketing is stepping down after a decade at the company; however, he’s not going very far. His new target is a familiar one that will likely bring back plenty of memories. Paul Mallon Leaves […]
During a recent interview for Prime Time on RTE, Paddy Power’s former CEO and co-founder Stewart Kenny deemed the gambling industry a “major social problem.” He revealed that many operators are now targeting the younger population, while the government remains focused on collecting gambling tax revenue. Former Paddy Power CEO Criticizes Gambling, Says It’s a […]
It’s not uncommon for businesses to look at different ways to diversify their operations, but Paddy Power is really exploring diversification. The bookmaker has introduced a new sitcom that it describes as a “tongue-in-cheek” exploration of Stockley Park, the home of English soccer’s video assistant referee (VAR). The show kicked off this past Wednesday, with […]
Paddy Power will launch the world’s first sports trading exchange, a virtual stock market, under the name American SportZ Exchange (ASX). Paddy Power Launches American SportZ Exchange Paddy Power, an Irish bookmaker founded in 1988, will launch the first sports trading exchange through its new startup company, American SportZ Exchange (ASX). The virtual stock market […]
Executives and employees of Paddy Power and Flutter Entertainment, along with sports gambling enthusiasts across much of the UK and Ireland, have cause to celebrate. Paddy Power is finally beginning to open many of its sports gambling shops across the region, although some restrictions are still needed. While the Irish shops are going to remain […]
Global gambling group Flutter Entertainment released its 2020 gender pay gap report to comply with its obligation as a large employer in the UK. Examined Entities The report outlined the difference between the average earnings of men and women across all jobs at all levels within 4 Flutter-owned brands operating in the UK which had […]
Swindling company money would cost you jail time – that was the message Deputy Circuit Judge Neil Bidder QC sent out when he sentenced a financial director who stole over £800,000 to satisfy gambling addiction. Siphoning Company Money Lauren Farr, 34, of Spring Grove, Cwmbran, Monmouthshire, was sentenced to 32 months in prison after admitting […]
ITV Racing and Paddy Power signed a deal to make the sports betting brand the new sponsor of the media’s live racing coverage effective January 1, 2021, ITV announced. The partnership also covers ITV’s magazine program, The Opening Show. Last year, ITV Sport announced it would maintain its exclusivity regarding free-to-air broadcasting of horse racing […]
