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Online investments pay off for Paddy Power in 2012

5th March 2013 9:01 am GMT

Irish multi-channel operator Paddy Power has reported a 31 per cent increase in net revenues to €653.8m for the full 2012 year, following strong growth from the company’s online business.

Total online net revenues were up 39 per cent to €409.6m, with the company’s mobile channel now accounting for 32 per cent of the total.

2012 Online Net Revenues

Sportsbook net revenues increased by 43 per cent to €300.5m, while gaming and other net revenues were up 28 [...]

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