PADDY POWER GOING AFTER U.S. ONLINE GAMBLING MARKET

Friday May 18, 2012 : PADDY POWER GOING AFTER U.S. ONLINE GAMBLING MARKET
 
"We'll not be left behind," says chief exec
 
Paddy Power plc has every intention of entering a legalised online gambling market in the United States, has set up an office in that country and is actively talking to potential American partners, chief executive Patrick Kennedy told the Independent.ie after presenting his company's results at the agm this week.
 
Kennedy refused to divulge details on the potential partners, but assured reporters that the company would not be left behind rivals like 888.com and Bwin.Party digital entertainment if legalization in the United States came about.
 
“What we’re showing potential partners is deep e-commerce expertise that other global companies don’t have. We know how to run, better than anyone, I would argue, an e-commerce enterprise," he said.