Choose an online casino in which to play

Irish online casino news and Paddy Power

By admin on 2014-05-29 09:10:15

It’s time to take another look at the latest Irish casino news here at onlinecasino.ie, which this month primarily concerns our biggest online casino operator Paddy Power. The Paddy Power AGM was held in Dublin on 13th May, with the announcement of another strong year of growth for the company in 2013. Turnover was a record 6.2 billion euros, with operating profits up to 137 million euros. This enabled the company to propose full year dividends up by 13% on the previous year, a welcome return for their shareholders. Amongst all the online casino operators Paddy Power have always had a reputation for innovative, often quirky marketing and this approach clearly continues to reap rewards with first time betters up 16% in 2013 compared to 8% the previous year, and the online sports book up 20%. On the high street retail side of the business Paddy Power opened new betting shops in both Ireland and the UK and now have 234 in Ireland and 280 in the UK, with more planned for this year. However, as we have reported before in our casino news pages here at onlinecasino.ie the UK government are proposing tighter regulations on the fixed odds casino games machines installed in betting shops, and Paddy Power along with other leading bookmakers are warning that these proposed tough new regulations may have a significant effect on the viability of high street betting shops in the long run, so we have to wait and see. Nevertheless it’s good to see our biggest online casino operator performing well, and the Irish online casino games playing community as a whole well served by Irish based online casino operators, with Paddy Power joined by two much smaller specialised online casinos, the All Irish and No Bonus casinos.