Tag Archives: paddy power

Paddy Power builds its ‘Brexit Bunker’ offering a safe space from UK madness

Launching its latest viral marketing campaign ‘The Brexit Bunker’, Irish bookmaker Paddy Power offers the UK public ‘an escape from the madness’. With just ten days left of Brexit negotiations, and with the UK government still to formulise its European Union departure arrangements, Paddy Power has created its own ‘Brexit Bunker’ somewhere between the UK and France, to escape from …

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Paddy Power faces legal action over Solskjaer Brexit dig

Paddy Power has been threatened with legal action for failing to consult Manchester United interim manager Ole Gunnar Solskjaer for using his likeness to support a dig at the current Brexit situation. The 46-year-old Norwegian, who has enjoyed such success at Old Trafford since replacing Jose Mourinho in December, reportedly reacted by saying that Paddy Power will have “big problems” …

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Paddy Power: Rebel divorce sees odds tumble on Corbyn departing Labour leadership

Bookmakers have placed the spotlight on Labour Party leader Jeremy Corbyn, and how he handles the departure of breakaway rebels forming a new Independent Party within UK politics. Branded the ‘Gang of Seven’, the rebel cabal has been deemed as the biggest reprimand of Corbyn’s party leadership, and his handling of Labour’s position on Brexit. Since yesterday’s confirmation of the …

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Bookmakers commit to Northern Ireland FOBTs reduction

Bookmakers’ Paddy Power, William Hill and Ladbrokes have confirmed to the Northern Ireland Assembly that they will voluntarily reduce wagering on fixed-odds-betting-terminals (FOBTs) to a £2 limit, mirroring upcoming retail restrictions across England, Wales and Scotland. Preparing for FOBTs restrictions enforced from 1 April 2019, the bookmakers state that they will apply the UK regulatory policy across all active retail …

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Paddy Power upgrades 2019 terminal provisions with Playtech BGT

Updating the market, FTSE250 technology group Playtech Plc informs that its sports betting division Playtech BGT Sports (PBS) has extended its retail services agreement with Paddy Power expanding the bookmaker’s self-service terminal capabilities. New provisions for Paddy Power will include PBS new Tap2Bet functionality, which will allow customers to place bets directly onto the terminals with their debit cards. PBS …

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Bookmakers see all drama but no change in Brexit soap opera

As widely anticipated, PM Minister Theresa May lost her Brexit deal, as 432 ministers voted against her terms for exiting the European Union on 29 March 2019. May’s ‘record rejection’, would be countered by Labour leader Jeremy Corbyn immediately triggering a ‘vote of no confidence’ in the government, seeking a snap General Election. Such a crushing Commons defeat would normally lead …

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Year in Review: The impact of FOBT regulations

It has proven to be a very tumultuous year for the retail betting sector, with 151 stores closing to the public between March and September. The big four – Ladbrokes Coral, William Hill, Betfred and Paddy Power – continued to dominate the retail scene, holding 87 per cent of betting shops in Great Britain. Generally, however, stores have been struggling …

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Bookmakers back Theresa on Tory confidence showdown

Political punters were kept busy all night, as rumours circulated Whitehall that embattled Prime Minister Theresa May would be forced into a vote-of-confidence by Tory party rebels. Early this morning, Sir Graham Brady of the Conservative 1922 Committee confirmed that he had received the 48 declarations needed to trigger a cabinet vote on PM May’s leadership, which will take place …

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Bookmakers suspend ‘no confidence vote’ on May’s party leadership

The majority of UK bookmakers have today suspended markets on a ‘vote of no confidence’ taking place on Theresa May’s party leadership. Following a frantic 24-hours of trading, triggered by the abrupt departure of Dominic Raab as lead Brexit negotiator – who stated that he could not support May’s draft EU-withdrawal agreement, bookmakers’ have suspended a no-confidence motion. This morning, …

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Raab’s rude departure sees odds tumble on a May 2018 exit

A morning of Whitehall chaos, following the resignation of Dominic Raab as Brexit Secretary, sees all bookmakers revise their UK political markets. Raab becomes the second chief Brexit negotiator to resign this year, disagreeing with PM Theresa May on the UK’s draft withdrawal terms from the European Union which were presented to the Cabinet on Wednesday. Resigning from May’s office, …

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