Choose an online casino in which to play

Monarch Airlines next to go bust?

By admin on 2010-01-06 08:46:04

As we know, you can bet on nearly anything at an online bookmaker these days and Paddy Power is no exception but Monarch Airlines has taken exception to the way in which the bookmaker slashed the odds recently for Monarch being the next airline to go bust. Monarch MD Tim Jeans said “if it was not so serious it would be laughable” and went on to say that the airline was very secure and had been consistently profitable for 40 years. Paddy Power in response said it did not have any insider information but it had taken a large number of bets over the Christmas period and was reducing the odds accordingly. Mr Jeans was asked whether the company is likely to go out of business in 2010 he replied “it just won’t happen”, “we have 6.5 million customers and 2500 employees who won’t find this at all helpful or at all funny” and went on to suggest that punters would do better to spend their money elsewhere. Two airlines have gone under in the recent past; XL and more recently Globespan; Paddy Power said “It will probably turn out to be false because we have had false favourites in this market before that punters haven’t collected on, but have gambled on nonetheless”.

You please yourself what you bet on but we shall not be taking this one on.