As of last night, Paddy Power’s popular Twitter account (@PaddyPower) has been suspended for reasons yet unknown. The social media platform has blocked the Paddy Power account showing no active feed, posting a generic message that reads ‘Twitter suspends accounts that violate the Twitter Rules’. Twitter’s suspension of @PaddyPower, has sent the bookmaker’s followers into rumour overdrive, however, it remains …
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The governance of FTSE100 listed Paddy Power Betfair (PPB) has defended its handling of the disclosure of the departure of Breon Corcoran as Group Chief Executive. The betting firm stated that it had ‘strictly adhered’ to UK Financial Conduct Authority rules with regards to its leadership succession plans and that the company had not leaked any ‘inside information’. Last week, …
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Louth, the smallest county in Ireland, has the highest concentration of betting shops in the country with 2.6 outlets per 10,000 population. As reported in the Irish Examiner, the county’s 33 betting shops puts it 50% above the national average of 1.8 bookies per 10,000 population. The other counties with the highest concentrations of betting shops are Carlow, Westmeath, Longford, …
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Presenting its 2017 H1 interim results, the governance of FTSE100 listed Paddy Power Betfair Plc (PPB) maintains that the company is ‘well positioned for sustainable and profitable growth’. Despite being set against a tough 2016 comparative period (featuring UEFA Euro 2016), PPB delivered a 9% increase on pro-forma revenues of £827 million (H1 2016: £759 million) combined with a group …
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Following an extensive search, Irish bookmaker Paddy Power has named Joe Lee as its Head of Trump Betting. Last April, due to growing demand in Donald Trump related wagers, Paddy Power announced publically that it would hire a Head of Trump Betting. The bookmaker even recruited Trump ally Nigel Farage to help fill-in its much-needed vacancy. Paddy Power informed that …
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Updating its President Trump betting markets, Paddy Power has placed Attorney General Jeff Sessions as current 5/4 favourite in its ‘You’re Fired…Next member of the Trump Administration to resign or get sacked’ market. A Trump administration stalwart, Sessions’ position as the leader of the Department of Justice has come under threat following comments made by President Trump to The New …
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Almost as anticipated as the fight itself, last week’s Floyd ‘Money’ Mayweather vs ‘The Notorious’ Conor McGregor press conferences have evoked the imagination of punters. The tenacity of McGregor appears to have renewed faith from punters that he has something unpredictable planned for 26 August. Paddy Power’s Lee Evans told SBC: “We were forced to cut the odds on McGregor …
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Jubilation for British tennis fans could lead to sorrow for bookmakers, as industry fears Andy Murray and Johana Konta both achieving a ‘Brit Double’ victory at SW19 this summer will result in record losses for bookmakers. Alex Apati of Ladbrokes has told SBC: “A Murray/Konta double would be bad news for us. We’re anticipating an industry payout of + £20 million”. …
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Updating the market, Paddy Power has informed that it has signed a five-year broadcast deal with racing content supplier SIS (Sports Information Services), which will see the bookmaker upgrade to a ‘branded retail TV Network’ hosted by SIS services. The partnership will see Paddy Power become the first bookmaker to integrate SIS’s latest production technology, Complex Automated Production (CAP), which …
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Ken Robertson is set to leave Paddy Power Betfair (PPB) as Group Director of Advertising, a role he had been promoted to last April 2016 following the post-merger combination of Paddy Power and Betfair marketing divisions. Confirming his departure to the Irish Times, Robertson further detailed that he is seeking to create his own ‘creative marketing business’ targeting new social …
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