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Paddy Power Boosted by 2009 Online Growth

2nd March 2010 9:09 am GMT

In a year of significant development for the company including its first investments outside Europe with the acquisitions of IAS and Sportsbet in Australia, the opening of 25 new retail shops in the UK and seven in Ireland, and the establishment of a new b2b revenue stream with France's PMU, Irish bookmaker Paddy Power said Tuesday that operating profit fell 12% to €66.7 million in 2009, with the company's online division accounting for 75% of [...]

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