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PaddyPower : Good overall results from Irish online gambling group

Wednesday, November 16, 2011 :  STRONG ONLINE AND MOBILE BOOSTS PADDY POWER
 
Good overall results from Irish online gambling group
 
Irish bookmaker Paddy Power plc released an update for the trading period 1 July to 14 November 2011 showing continued robust growth in both online and mobile.
 
Highlights include:
 
-     UK and Irish Online
      -     An increase in sportsbook stakes of 31 percent
      -     Gaming/B2B revenues up by 33 percent
      -     Proportion of active sportsbook customers transacting via mobile increased to 44 percent in October 2011.
 
-     Australia:
 
      -     Online turnover growth accelerated substantially, up 23 percent compared to 7 percent in HY1/2011.
      -     Proportion of online active customers transacting via mobile increased to 32 percent in October, as compared to 20 percent in July 2011.
 
UK Retail performed strongly, with like-for-like sportsbook amounts staked and machine gaming revenue both up 8 percent and some 40 new shop openings expected in 2011.
 
Irish Retail has seen growth in bet volumes but a reduction in the average stake per bet. Its year-on-year growth later in 2011 will benefit from a weak comparative due to weather disruption in late 2010.
 
A company spokesperson said: "This strong Group performance reflects ongoing investment to grow our existing activities. This investment also positions us for future international opportunities."



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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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