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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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FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

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Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

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Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

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Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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