Paddy Power rose by 19.5 per cent to €93 a share on foot of its announcement of a merger with UK betting exchange Betfair

European shares ended nearly two per cent lower yesterday after a volatile session, hit by a late drop in Syngenta after Monsanto dropped its offer (...)

A man watches electronic displays at a Paddy Power bookmakers in London. Paddy Power and Betfair have announced they have agreed the terms of a possible merger. Photograph: Matthew Lloyd/Bloomberg

Shares in Irish bookmakers Paddy Power surged yesterday following the news it is planning a merger with rival Betfair to create one of the world’s big(...)

Paddy Power chief executive Andy McCue said the group expects full-year reported operating profit to be a mid to high single digit percentage above 2014 and the consensus market forecast

Bookmaker Paddy Power is planning to merge with rival Betfair in a multibillion euro deal to create one of the world’s biggest gambling companies . Th(...)

Online gambling company Betfair posted a better than expected rise in full-year profit on Wednesday, led by strong revenue growth and a big surge in new customers.

Online gambling company Betfair posted a better than expected rise in full-year profit on Wednesday, led by strong revenue growth and a big surge in (...)

Bookmakers will have to pay a 1 per cent tax on all on-line bets placed in the Republic from August 1st under new legislation brought into force on Wednesday.

Bookmakers will have to pay a 1 per cent tax on all on-line bets placed in the Republic from August 1st under new legislation brought into force on We(...)

Online betting company Betfair has raised its profit forecast for the year to €142 million

Online gambling company Betfair hiked its full-year profit forecast range yesterday after it said trading had remained strong following a better-than-(...)

Riot Games: has a presence in Ireland

The gaming sector offers some of the most lucrative pay packages to marketers, a new Irish salary survey shows. The study of about 1,250 people workin(...)

Online gambling exchange Betfair said it wanted England to do well at the World Cup and boost its betting revenue after its annual profit beat forecasts. Photo: Bloomberg

Online gambling exchange Betfair said it wanted England to do well at the World Cup and boost its betting revenue after its annual profit beat forecas(...)

 Eddie O’Connell has received the most severe punishment handed out to a jockey by Irish racing’s regulatory body in modern times.

Jockey Eddie O’Connell has been disqualified from riding for four years by the Turf Club after a long-running investigation into betting on a horse in(...)

Betfair, which operates an exchange that allows gamblers to bet against each other, has been slimming down its operations and cutting costs under chief executive Breon Corcoran. Photograph: David Paul Morris/Bloomberg

Online gambling exchange Betfair said today it was on course to reach the top end of its profit guidance as investments in Italy and New Jersey(...)