Power Casino website
Power plc is an international betting and gaming company.
The Company provides sports betting services through
the Internet (paddypower.com, sportsbet.com. au and
iasbet.com.au), through a chain of licensed betting
offices (Paddy Power Bookmaker) and by telephone (Dial-a-Bet).
The Company also provides online gaming services principally
through paddypower.com, paddypowercasino.com,
paddypowerpoker.com and paddypowerbingo.com. The Company
provides these services principally in the United
Kingdom, Ireland and Australia. It also provides business-to-business
services globally. The Company operates in five segments:
Online (ex Australia), Australia, Irish retail, UK
retail and Telephone (ex Australia). The Company operates
in three geographic segments: UK, Australia and Ireland
and rest of world. On March 1, 2011, the Company purchased
of the remaining 39.2% interest in Sportsbet Pty Limited.
Power, gaming and gambling entrepreneur - 8th August
Power Targets Asia Pacific; Australia
Poker Launches Instant Play Software
Middlesbrough -Some great bonuses, keep them
DA Northern Ireland Cant wait to
get on at the weekend
BD Dublin No problems. A very good site
DC Isle of Man Cool site anyway best
casino on the web
RJ Nuneaton I love this site!'
Power migrates to Playtech's casino product - 3rd
or the 'Company')
Power migrates to Playtech's casino product
launched its market leading casino product under a
multi-year agreement which significantly extends its
relationship with the Company.
Playtech casino product provides Paddy Power with
a comprehensive games library, comprising slots, table
and card games and a wide range of branded content
in both download and web-based formats. Playtech's
advanced player management tools include loyalty functionality
which will create significant opportunities for Paddy
Power to enhance player returns.
Power is Ireland's largest bookmaker and has a substantial
online presence in the UK and in continental Europe.
It generates approximately 75% of its total profits
through its online presence, primarily through sports-betting,
games, casino, poker and bingo products. Paddy Power's
relationship with the Company began in 2007 when it
became a member of Playtech's iPoker network. More
recently Paddy Power joined Playtech's Virtue Fusion
Weizer, Playtech's Chief Executive, said: "We
have built a strong relationship with Paddy Power
over several years and are delighted to be able to
further consolidate our service provision to one of
the industry's leading players through this agreement
to provide our leading casino technology."
Coyne, Head of Gaming at Paddy Power and Denise Dunne,
Casino Manager at Paddy Power, said: "We are
excited to announce the launch of Paddy Power's new
casino using Playtech's technology. We believe it
will be best-in-class with an abundance of excellent
games added to our market leading casino promotions
for players. Playtech was chosen following a rigorous
selection process from amongst the leading casino
suppliers. The project teams have delivered a fantastic
online casino which we believe will significantly
enhance our online offering."
Paddy Power Scoops Up £86m For Aussie Sportsbet,
by Greg Tingle - 26th December 2010
two days before Christmas Paddy Power increased the
size of its bet that Aussies will keep gambling no
matter how the cricketers get on. The Irish based
company bought out the remaining 39% of Sportsbet,
snatching total control of one of the biggest bookies
Down Under. Paddy Power is paying A$132 million in
cash and shares to secure the deal which is worth
roughly £86 million. The UK gambling and spread
betting industry has been expanding down under for
a few years in the firm belief that the market can
be better "exploited", more more softly,
better serviced. UK mobs want a bigger slice of the
Australia pie. Paddy Power purchased 51% of Sportsbet
last year and negotiated options to increase its stake
over time. Chief executive Patrick Kennedy described
Sportsbet as "a cracking business". The
team has made great strides in marrying the best of
both Sportsbet and Paddy Power, he said. "This
is a good deal to acquire the remaining shares early,
which will allow us to drive development and investment
and secure full participation in the upside of the
business." Paddy is funding most of the deal
from cash in its large bank account and issuing about
£12 million worth of new shares. A special dividend
of A$8.5 million will be paid to Sportsbet shareholders.
A Media Man spokesperson said "So, the pommies
are doing more deals with the Aussies thanks to Paddy
and it might be time for the Aussies to do more deals
with the Yankees and Canooks, just to settle the score."
Power Receives 400 Complaints Filed With ASA - 11th
bookmaker Paddy Power is no stranger to the ire of
the Advertising Standards Authority (ASA). But this
time the cat may have used up its nine lives...literally.
than 400 complaints have been lodged against Paddy
Power with the ASA for a controversial ad that appeared
advertisement shows a footballer kicking a cat into
a tree after mistaking it for a football, encouraged
cruelty to animals and was offensive in its depiction
of sight-impaired people, according to Brand Republic.
ad, by Big Al's Creative Emporium, launched last month
as part of the bookmaker's World Cup push.
ad is called "blind football" and features
actual blind footballers, whom are representing England
in this summer's World Blind Football Championships.
Power was forced to shelve another ad by Big Al's
Creative Emporium in March, featuring four wheelchair-bound
actors "doing a runner" on their bill from
a curry house, Brand Republic reports.
the past, Paddy has been cited for mocking little
people and, more recently, the Catholic Church.
became notorious for offering odds on US President
Barack Obama's assassination.
Power is Ireland’s largest bookmaker. Offline
it conducts business through a chain of licensed betting
offices and by operating Ireland's largest telephone
betting service. Online it offers sports betting,
online poker, online bingo and online casino games.
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
At the end of 2005 Paddy Power operated 195 outlets
(150 in Ireland and 45 in the UK). The total number
of employees was 1,374. On 27th May 2008, Paddy Power
acquired Northern Ireland independent bookmaker McGranaghan
Racing bringing Paddy Power's shop count to 191 in
Paddy Power are sponsors of NUFC.com and Old Rutlishians
XVA and XVB rugby teams.
They are the sponsors of St. Patrick's Athletic.
They are the official betting partner of Chelsea FC.
Tongan rugby player Epi Taione, playing at the 2007
Rugby World Cup, changed his name by deed poll to
Paddy Power for the duration of the tournament in
response to the bookmaker's sponsorship of the Tongan
Paddy Power also sponsor Century FM radio network.
was launched in February 2005. The site allows players
to play a number of variations of the game including
Texas hold'em, Omaha High and Hi-Lo, 5 and 7 Card
Stud in a ring game or tournament structure.
The company sponsors the world's second longest running
No Limit Texas hold'em tournament, the Irish Poker
Open. The 2007 event was the second largest poker
tournament ever held in Europe with 708 players. paddypowerpoker.com
guaranteed a €3 Million prizepool for the 2008
Irish Poker Open, which was won by English poker pro
Neil Channing. In 2008, the company also sponsored
the Irish Winter Festival of Poker, which was held
in Dublin from October 24th-27th.
WSOP bracelet winner Ciaran O'Leary is paddypowerpoker.com's
brand ambassador and sponsored professional.
In March 2007 Paddy Power Poker became part of the
Power are renowned for their quirky novelty bets.
In 2002 and again in 2005 Paddy Power hit the headlines
for offering betting on who would replace Pope John
They are considered the market leaders in "Specials
betting" and are normally first out of the traps
with reality TV markets like Big Brother, The X Factor
and I'm a Celebrity... Get Me Out of Here!.
Paddy Power began taking bets on the existence of
God in September 2008, to coincide with the switching
on of the Large Hadron Collider (LHC). Initial odds
were offered at 20-1 that God exists, then changed
to 33-1 when the LHC was temporarily shut down due
to equipment failure, then changed to 4-1 in November
Paddy Power company has been criticised by animal
rights and animal welfare organizations for allowing
bets on Spanish bullfights. On their Spanish website,
the company invites bets on the number of bulls’
ears taken during specific bullfights.
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. (Credit: Wikipedia)
odds Paddy has backed a winner, by Eli Greenblat -
4th June 2009
turned boardroom protagonist Mark Read could walk
away with $11.6 million stashed in his bag after Ireland's
biggest online betting and gaming provider, Paddy
Power, lobbed a 60¢-per-share takeover for International
All Sports via its local outfit, Sportsbet.
takeover, via a scheme of arrangement, looks almost
certain to succeed as Mr Read owns 19 per cent of
the publicly listed betting company and Paddy Power
is already sitting on 19.98 per cent through its 51
per cent stake in Sportsbet.
bid, launched late yesterday, values International
All Sports at about $40 million and will give the
Irish betting outfit a large stake in the market for
bets on a range of local and international sports.
this year gambling rival Centrebet launched and then
binned a 33¢-a-share bid for International All
Sports. It is considered unlikely Centrebet will re-enter
the competition for the business and lob a bid above
that of Paddy Power.
May Paddy Power, which operates more than 250 retail
licensed betting offices in Ireland and Britain, acquired
a 51 per cent stake in Sportsbet.
chairman Barry Coulter welcomed the takeover bid and
said it was unanimously recommended to shareholders
in the absence of a superior offer.
Read said he was proud that Paddy Power and Sportsbet
believed the company he founded in 1995 would be a
valuable addition to their existing business. If shareholders
approve the takeover it is likely to be completed
by October 8.
shares, in a trading halt since yesterday, last traded
IAS acquisition will make Sportsbet a leader in Australia's
corporate bookmaking field. The combined annual turnover
of the two companies exceeded $2 billion last year.