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Paddy Power delays NJ entry

20th November 2013 8:44 am GMT

Despite having been named eligible for a New Jersey transactional waiver by the state’s Division of Gaming Enforcement, Paddy Power has confirmed that it is not ready to enter the market, citing a number of concerns with the current state of the market.

Paddy Power CEO Patrick Kennedy said Tuesday that the decision to delay entry had been taken “based on [the company’s] assessment of the market structure.”

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