Paddy Power Plc

 

Paddy Power Plc is quoted on the London Stock Exchange (PAP), under the Sector Leisure Entertainment & Hotels and sub sector Gaming. The company  has been listed since 7th December 2000. Paddy power is Irelands largest operator of licensed bookmakers offices, with a network of 203 shops in Ireland and the UK trading as Paddy Power. They also operate 4 shops at racecourses in Ireland. Paddy power has online presence with Paddy Power Sportsbook,
Paddy Power Plc Share Price    Company News

Paddypower uses Orbis Technology software, Paddy Power casino is powered by Wagerworks  software a subsidary of IGT, Paddy Power Poker room uses Tribeca tables Europe poker network which are owned by Playtech Plc (PTEC) and all are located in the Isle of Man.

Paddy Power Company Announcements

27th May 2008
Paddy Power has acquired McGranaghan Racing, the eight shop Northern Irish bookmaking chain for a consideration of £19 million. These are Paddy Power's first betting shops in Northern Ireland, located in Belfast City centre
3rd March 2008
Announced
results for the year ended 31 December 2007,
Turnover 2,028m (2006 1,795m), Profit 75.8m (2006 49.7m), Earni
ngs per share €1.274 (2006 €0.81), Dividend  35 cents (2006 32.2 cents).  Expanding UK Retail estate into Manchester and Glasgow with an expectation to at least double the size of our estate over the next three years,
4th September 2007
Announced Interims to 30th June 2007, Turnover increased to e143.762 million   (2006 104.967 million ) Profit increased to  e40.458 million  (2006 e17.496 million,) Earnings per share 70.6c (2006 34.8c) Dividend 16c (2006 9.43c) The company also added it was introducing an  online financial spread betting and online Spanish language betting businesses in the summer. The acquisition of four betting  shops in Ireland and an additional four since the period end
22nd May 2007
In a trading statement Paddy Power announced that it will be launching paddypowertrader.com, an online financial spread betting business, during the summer. Paddy Power Trader will market spread betting opportunities on equities, commodities and indices
20th April 2007
Paddy Power  have sign long term agreement with Alphameric Plc to show Turf TV in all of it's Irish and UK Betting offices. The joint agreement between Paddy Power and Almagamated Racing (who have a joint venture with Alphameric Plc).  will show the  channel Turf TV and will go live today  from Newbury races in all Pady power betting offices.
5th March 2007
Paddy Power announced its preliminary results for Year ending 31st December   2006, Turnover increased 31% to Euro 1.795 billion, profit up 51% to 45.5 million, Dividend  up 56% to 32.2c, Earnings per share increased by 45%  78.6c.  Paddy power also noted that it had launched a German Language sportsbook