80-year old poker king Noel Furlong hits winning streak at his flooring business

The carpets empire owned by former world poker champion, Noel Furlong, continues to be a winner for the 80-year old Kildare-based businessman and well-known horse trainer.

Furlong Investments, the holding company for the Irish and UK flooring group, doubled profits last year to €6 million. The boost came despite a slight fall in revenues to €95.4 million, after the family-owned firm cut back its costs.

Accounts recently filed for the year to the end of last June show that Mr Furlong’s group had €39 million cash in the bank, €21.5 million worth of investment properties, and more than €72 million in retained profits.

The group, which was founded in 1980 and is headquartered in west Dublin, now employs 415 staff across Ireland, England and Wales.

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In addition to his flooring business, Mr Furlong is prominent in the horse racing industry. He is also famous for picking up $1 million in 1999, when he won the World Series of Poker event.