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Paddy Power expanding, and William Hill closing

Two prominent UK-Irish bookies took different routes in the prevailing economic climes this week, with Paddy Power expanding, and William Hill closing retail betting operations.
 
Paddy Power expanded into the Scottish retail market with the opening of its first licensed betting office (LBO) in Glasgow, the first of three planned openings in the city. The Irish bookmaker has announced that intends to open over 80 shops across Scotland and the north west of England by 2011 to grow its total UK estate to at least 150 shops, creating more than 400 new jobs in the process.
 
Paddy Power CEO, Patrick Kennedy, said: “Scottish punters have already experience 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.”
 
In contrast, William Hill plans to close 14 shops in the Irish Republic next month, with the loss of 53 jobs, reports the Irish Times.
 
The UK bookmaker blamed the economic downturn, the Irish government’s proposal to double betting turnover tax to 2 percent from next May, and the “restriction on introducing innovative and profitable products into Irish shops”, according to the paper. The comment on innovation likely refers to Irish law not permitting bookmakers to the advantage of fixed-odds betting terminals in shops.
 
On a more cheerful Will Hill note, the group has announced the launch of its new online casino design, bonuses and promotions.
 
Company spokesmen emphasised that the new online casino is equipped to suit the needs of all casino players, even novices. Beginners will find everything they need in order to learn how to play casino games such as online blackjack or roulette and practice them in casino fun mode to enhance their skills.
 
Advanced graphics and user-friendly infrastructure are key elements in the makeover.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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