Betting industry had its worst-ever Cheltenham, with losses  exceeding £60 million. Photograph: Getty

Ladbrokes chief executive Jim Mullen said rivals “abandoned bookmaking principles” as the industry racked up record losses during last month’s Chelte(...)

Andy McCue: took over as chief executive at the beginning of 2015 and became chief operations officer of the enlarged Paddy Power Betfair group. Photograph: Dara Mac Dónaill/The Irish Times

Paddy Power paid former chief executive Andy McCue more than €3.7 million in salary, benefits and shares in 2015, according to the bookmaker’s annual (...)

Ryanair Holdings gets about 27 per cent of its sales from the UK but says that a Brexit would not have an immediate impact on its business. (Photograph: JOSEP LAGO/AFP/Getty Images)

Ireland’s largest companies are beginning to feel the effect of Britain’s division over whether to remain in the European Union. Concern about the (...)

The merger with Betfair is a big part of Paddy Power’s share price practically doubling in value since this time last year. Photographer: Matthew Lloyd/Bloomberg

All punters would welcome a windfall within two weeks of the Cheltenham Festival in March and those who have backed bookmaker Paddy Power look set to (...)

Paddy Power’s merger with Betfair is expected to be completed next week

Paddy Power will pay dividends totalling more than €140 million or €3.18 a share to investors in early March following its merger with rival Betfair. (...)

ATP chairman Chris Kermode. Photograph: Will Oliver/EPA

Chris Kermode, the president of the ATP, has rejected any implication of a cover-up into match-fixing after an investigation by the BBC in conjunctio(...)

Paddy Power Betfair will be headquartered in Dublin. Photograph: Bloomberg

Paddy Power looks set to complete its near €10 billion merger with rival Betfair in a little more than two weeks after the Republic’s competition reg(...)

Andy McCue (left), chief executive, and Gary McGann, chairman, at the Paddy Power egm in Dublin on Monday. Photograph: Eric Luke

Paddy Power and Betfair are merging in a drive to scale up their businesses and cut costs as new taxes and regulation begin to take their toll on the (...)

Paddy Power chief executive Andy McCue at the company’s  egm on December 21st. “I cannot think of another sector that is as competitive as ours, so I would be optimistic of getting it early next year.”  Photograph: Eric Luke/The Irish Times

Paddy Power chief executive Andy McCue hopes the company’s €10 billion merger with Betfair will pass remaining regulatory hurdles in time for the dea(...)

Paddy Power  shareholders have backed  a proposed merger between the two companies

Paddy Power and Betfair shareholders have paved the way for the creation of an €8 billion gambling giant by voting for the pair’s planned merger. The(...)