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. (...)

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(...)

Dan Skelton:  “He was very good at Newbury and he jumped very well. It’s a good race and he will need another performance like the one at Newbury to win.” Photograph: Alan Crowhurst/Getty

Dan Skelton feels Three Musketeers needs to put in a performance similar to his recent Newbury success if he is to defy a penalty and win the Betbrigh(...)

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: news of the proposed merger with Betfair, first announced in August, wasn’t all that surprising, given the consolidations that have been going on in the gambling industry. Photograph:  Julien Behal/PA Wire

Sometimes it’s hard to take Paddy Power seriously. The gambling company has built up a reputation for mad PR stunts and controversial marketing campai(...)

The coffin is carried into the church before the funeral service for Pat Eddery in Thame. Photograph: Julian Herbert/PA Wire

Racing personalities past and present gathered to pay their respects to Pat Eddery, one of Ireland’s most successful ever jockeys, at his funeral in T(...)

“It is clear to me that the GalaCoral and Playtech shareholders are the big winners here with Ladbrokes shareholders once again paying the price of management ineptitude,” Dermot Desmond said. Photograph: Cyril Byrne/The Irish Times

Dermot Desmond will challenge Ladbrokes’s and Coral’s agreement to pay their partner Playtech €106 million, in a bid to have the pair’s €3.3 billion (...)

Out Tuesday: Irish retail sales (Oct). Photograph: Dominic Lipinski/PA Wire
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MONDAY Results: GameStop; Mallinckrodt. Meetings: Brave Business Conference (Davenport Hotel, D2). Indicators: US existing home sales (Oct). TUESDAY (...)

Dermot Desmond: will address a meeting of Ladbrokes shareholders on Tuesday. Photograph: Dara Mac Dónaill

Despite opposition from financier Dermot Desmond, the merger of bookmakers Ladbrokes and Coral is expected to be approved by shareholders, according t(...)

Dermot Desmond: “The shareholders in Ladbrokes have passively accepted all the bad news and the loss of value heaped upon them by the Ladbrokes board and management over the last 10 years.” Photograph; Dara Mac Dónaill / The Irish Times

Irish businessman Dermot Desmond is calling on Ladbrokes shareholders to oppose the bookmaker’s planned €3.3 billion merger with rival Coral. Mr Desmo(...)