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Gambling News by Gambling Headquarters

Wednesday, May 17, 2006

Poker Hands Paddy Power Online Boost

 

As reported by RTE: "The chairman of bookmaker Paddy Power has told shareholders that the group's turnover in the first 19 weeks of this year is running 25% ahead of the same period last year. "Fintan Drury said turnover in betting shops was up 19%, while in telephone betting the rise was 18%. Online turnover was 44% higher, excluding gaming revenues, which were 27% ahead, helped by the addition of poker games. "Mr Drury said gross win percentages were in line with expectations, while costs had risen by a third, because of new outlets and expansion of the online business..."

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