Flutter sees sales jump as it narrows losses
Shares rise in after hours trading in US
Shares rise in after hours trading in US
Finance minister Rachel Reeves could announce the tax in her maiden budget on October 30th
Paddy Power owner bets on growth as US and world betting markets expand
Acquisition will give Paddy Power owner a bigger footprint in Europe’s largest regulated gambling market
Gambling giant told investors deal would enhance company’s position in what is a growing betting market
CEO Peter Jackson takes basic pay cut but faces big bonus boost under new compensation agreement
Iseq index slips 0.4% amid declines for Glanbia and Ryanair
Flutter in exclusive talks to buy Playtech’s Snaitech business, the biggest online betting operator in Italy
Betting giant raises full-year guidance after second quarter earnings
Bill exempts other forms of betting that, casinos argue, are more likely to give rise to the problem gambling that limits are supposed to counter
Seen and Heard: AIB and Bank of Ireland dividends; Cairn Homes deal in Bray; investment giants pushback against the Central Bank; Paddy Power racing remarks
The median chief executive compensation packag was €2 million last year.
David Power inherited the family business from his father before merging it with two rivals to form the betting giant
Bookmaker was key figure in Irish betting industry for decades
More than 130,000 Irish people suffer from problem gambling or are at risk of it, according to the ESRI
About 98% of investors voted for the Irish gambling giant to shift its primary listing to Wall Street from London
Renewable energy group Corre Energy saw its value climb 7% in Dublin after it started a share sale to investors
Flutter Entertainment says first quarter revenues rose 16% to €3.2bn but it recorded a loss
Hedge fund’s bet against shares in Paddy Power owner comes after the company announced an increase in revenue, average monthly players and earnings
Minister of State James Browne says most of Bill received strong cross-party support despite a tsunami of lobbying from gambling and horse industries.
Shareholders will vote on the transfer of Flutter’s primary listing from London to New York at AGM next month
In Ireland, the ISEQ All Share Index had a weaker performance than its European counterparts
Once-off charges leave Paddy Power owner with $1.2 billion loss
Wild Geese: Rob Allen, London: ‘I was flat out dealing with the international media and helping to brief four-time Super Bowl champion Rob Gronkowski’
London’s main problem is the same as Dublin’s – the greater liquidity and higher valuations on offer in the US
Paddy Power-owner Flutter surges on Wall Street debut
Parent company of Paddy Power and Betfair has cancelled Irish listing
Main European indices close higher as rates expectations shift
Flutter Entertainment to leave Irish Stock Exchange as it heads to Wall Street, but will remain ‘incorporated, headquartered and tax resident’ in Republic
Euronext Dublin was flat as the week drew to a close but other European markets gained
Iseq All Share dips 1.88% on a weak day for the banks
Returns on UK stocks have proved especially disappointing over the past two decades
An absence of major news has not stopped investors from ramping up bets on rapid-fire rate cuts next year
In Dublin, the ISEQ All Share Index gained 1.33 per cent, performing better than European peers.
In Dublin, shares were down on the day, in line with European peers.
Blanket ban on free bets and limits on stakes and winnings could drive people into the arms of black-market operators
Paddy Power owner confirms exit from Irish Stock Exchange
Paddy Power workers made redundant say deal fails to recognise their contribution
Investors keep eye on geopolitical tensions ahead of trip by US president Joe Biden to Israel
Tombola tells staff it is seeking cost savings following its takeover by Paddy Power parent in 2021
Bookie says most staff will be redeployed but some jobs will be lost
Irish Stock Exchange performs better than European peers but still little on upside for individual stocks.
Iseq index underperformed its peers, shedding 0.1%
Acquisition will give company a foothold in fast-growing market
Irish agri-services group Origin Enterprises rose 3.5 per cent in Dublin after it said revenue rose last year
Once the dominant bookmaker, UK brand is now barely competitive with Paddy Power
Euronext lobbying for cut in stamp duty will not stem tide to markets with higher valuations and greater liquidity
He will will replace Sean Corkery who is retiring down after four years at the helm of the business
Company already reports in dollars and the bulk of its sales come from the US
Sportswear companies among fallers after downbeat profit forecast from US retailer Foot Locker
European markets down as US indicates further borrowing charge increases
Wall Street stocks rise after US retailer Target beats quarterly profit expectations
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