Bookmaker Not Hurt by Recession: Opening 80 More Shops

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

Paddy Power, Ireland's biggest bookmaker, plans to expand into Scotland with the opening of 80 more shops by 2011 with a stg£16m investment.

The openings will increase its number of UK stores to 150 and add 400 new jobs to the chain.

The company's chief executive, Patrick Kennedy, said "Scottish punters have already experienced significant exposure to the unique brand offering of Paddy Power through our phone and online betting services. This move to ground and complement our brand with a bricks and mortar presence is very exciting and we look forward to bringing our unbeatable range of products and service to Scotland."

Paddy Power was founded in 1988 by the merger of three existing Irish high street bookmakers. The company also markets its services in the UK and is a publicly quoted company, listed on the Irish and UK stock exchanges.

Paddy Power's stated mission is to make ‘risk-based' entertainment more accessible and fun. To this end, Paddy Power has a reputation for funny and often controversial advertising.

In November 2008 the bookmaker was criticised by a spokesperson for the American Embassy in Ireland for offering odds on the assassination of US President-elect Barack Obama.

Jagajeet Chiba, Gambling911.com

Related Content

Washington State Congressman Wants End to Wildfire Betting on Kalshi, Polymarket as Spokane Area Still Reeling

Washington State Congressman Wants End to Wildfire Betting on Kalshi, Polymarket as Spokane Area Still Reeling

Rep. Michael Baumgartner, R-Spokane, introduced the bill this week. Critics say betting on wildfires is, at best, grotesque and could incentivize arson and other illegal acts.
Florida AG Sues Chumba Casino, LuckyLand, Global Poker, Stake Sweepstakes Casinos

Florida AG Sues Chumba Casino, LuckyLand, Global Poker, Stake Sweepstakes Casinos

Florida Attorney General James Uthmeier has filed two lawsuits Wednesday against companies behind major online sweepstakes casinos, including Chumba Casino parent company VGW, which also operates the hugely popular LuckyLand and Global Poker sites.
BetAmapola Dispute Resolved: Player Paid in Full

BetAmapola Dispute Resolved: Player Paid in Full

Gambling911.com is happy to report that a long standing payout issue involving BetAmapola has now been resolved.
More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

LuckyStake shut its sweepstakes casino down Aug. 14 with redemptions due by Aug. 20. The Money Factory did so two weeks prior.