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Strong start to 2015 for Paddy as sportsbook drives growth

14th May 2015 8:17 am GMT

Irish bookmaker Paddy Power has reported a 26 per cent increase in total net revenue for the 19 week period ended May 11th, with strong top-line growth particularly in Australia offsetting unfavourable sports results across the sector.

Ahead of the company’s Annual General Meeting in Dublin later this morning, Paddy Power revealed that 2015 had started well with sportsbook net revenue climbing 28 per cent on a constant currency basis, following a 21 per cent improvement [...]

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