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Mr McCarthy served as CEO of Ulster Bank from 2004 until 2011

Former CEO of Ulster Bank Cormac McCarthy dies aged 58

The death has taken place of Cormac McCarthy, the former chief executive of Ulster Bank and First Active Building Society.

Business • 07 Jul 21

Paddy Power says that ASX will offer sports fans a new way to speculate on player and team performance

Paddy Power launches first Sports Trading Exchange

The former head of communications of Paddy Power Betfair - now Flutter Entertainment - is raising €500,000 to accelerate growth at the first sports trading exchange - ASX.

Business • 07 May 21

Flutter Entertainment said its total first quarter revenues were driven by a 42% uplift in online revenues

Flutter Q1 revenue rises by 33% as US expands rapidly

Paddy Power, Betfair and Poker Stars owner Flutter Entertainment has posted a 33% year-on-year rise in first quarter revenues and said its market leading position in the fast growing US market continued to "expand rapidly."

Business • 29 Apr 21

Minella Times ridden by Rachael Blackmore win the Randox Grand National Handicap Chase

Grand National sets record for online sports betting

The Grand National was Britain's biggest ever online sports betting event as shop closures due to the Covid-19 pandemic meant punters had to go online or use mobile apps to bet on one of the annual highlights of the horseracing calendar.

Business • 13 Apr 21

Fox wants to acquire the stake in FanDuel for the same price Flutter paid for the interest in December last year

Flutter Entertainment to defend position against Fox

Betting group Flutter Entertainment, the owner of Paddy Power, Betfair and PokerStars, has said it will "vigorously defend its position" after Fox Corp filed a suit against the company related to its option to buy a 18.6% stake in US sports betting firm FanDuel Group.

Business • 07 Apr 21

Flutter merged its U.S. business with FanDuel in 2018

Flutter considering small listing for US site FanDuel

Betting group Flutter Entertainment, the owner of Paddy Power, Betfair and PokerStars, is considering listing a small shareholding of its U.S. FanDuel business.

Business • 15 Mar 21

Paddy Power had more than 105,000 mentions on Twitter in 25 weeks between June and November

Paddy Power most talked about brand on Twitter here

Paddy Power was the most talked about Irish brand on Twitter, according to new data from Sprout Social, the Chicago-based social media analytics and management company.

Business • 08 Dec 20

Flutter Entertainment owns the Paddy Power chain of bookies

Flutter ups full year earnings guidance on strong Q3

Paddy Power, Betfair and Poker Stars owner Flutter Entertainment has today upgraded its full-year earnings guidance after strong customer growth across all key regions boosted third quarter revenues by 30%.

Business • 11 Nov 20

Flutter Entertainment owns the chain of Paddy Power bookies

Flutter's H1 revenues up but pre-tax profits sink 70%

Paddy Power owner Flutter Entertainment has reported higher revenues for the six months to the end of June despite the "challenging" conditions created by the outbreak of Covid-19.

Business • 27 Aug 20

Flutter owns the Paddy Power and Betfair brands

Flutter to place 8m shares to finance growth

Paddy Power Betfair parent Flutter Entertainment says it intends to raise fresh equity through the placing of eight million shares as it looks to go on a deal spree and finance cost savings.

Business • 28 May 20

The deal between the Paddy Power owner and the Poker Stars owner will create the world's largest online betting and gambling company by revenue

Flutter to complete Stars Group deal on May 5

Shares in betting firm Flutter Entertainment jumped in Dublin today after it said it expects to complete its acquisition of The Stars Group on May 5 following shareholder and regulatory approvals.

Business • 30 Apr 20

Paddy Power owner Flutter Entertainment has agreed new debt arrangements

Flutter to pay 2019 dividend in shares

Paddy Power Betfair parent Flutter Entertainment said it will pay its 2019 dividend in ordinary shares, shelve a pro-rated dividend in relation to its merger with The Stars Group and suspend the 2020 dividend for the combined group.

Business • 02 Sep 21

The owner of Paddy Power said its pre-tax profits fell by 38% to £136m in 2019 from £219m the previous year

Flutter Entertainment's pre-tax profits drop by 38%

Shares in Flutter Entertainment - the owner of Paddy Power - fell over 4% in Dublin trade after it reported a fall in pre-tax profits for 2019 due to tax and regulatory changes and investment costs in the US.

Business • 27 Feb 20

The Flutter Entertainment-Stars Group deal, announced in October, will create one of the world's largest online betting and gambling companies

Flutter gets Australian approval for Stars Group deal

Paddy Power owner Flutter Entertainment has confirmed that the Australian Competition and Consumer Commission has given informal approval for its proposed combination with The Stars Group.

Business • 18 Feb 20

Dublin-based Flutter Entertainment owns the Paddy Power and Betfair brands

UK's CMA to investigate Flutter and Stars' tie-up

Britain's competition regulator said today it plans to investigate the planned merger of gambling companies Flutter Entertainment and The Stars Group.

Business • 05 Feb 20

The Paddy Power complaint related to an ad published in newspapers around the Six Nations

19 advertisers have complaints against them upheld

Bookmaker Paddy Power is among 19 advertisers who have had complaints against them recently upheld by the Advertising Standards Authority of Ireland (ASAI).

Business • 26 Nov 19

14 Paddy Power shops for sale for €6.3m

The Paddy Power Irish sale and leaseback portfolio has been launched by Savills, which will give investors a chance to buy 14 long-established owner-occupied Paddy Power properties.

Business • 04 Sep 19

The UK betting company's online offering has seen revenue growth of 8%

Responsible gambling measures may impact earnings

Flutter Entertainment, formerly PaddyPower Betfair, has reported an 18% increase in revenue for the first six months of the year to £1.02 billion, though profits were down 24% as the company's tax bill grew.

Business • 07 Aug 19

A decision was issued last Friday by the Workplace Relations Commission

Compensation paid to Paddy Power staff over breaks

Almost €100,000 in compensation has been paid to staff working in Paddy Power bookmaker shops following the company's concession that they had been denied rest breaks.

Business • 10 Jul 19

Paddy Power in one of the five gambling firms in the UK who have committed to new measures

Gambling firms commit to do more to help addicts

Five of the biggest gambling companies in the UK - including Paddy Power - have committed to measures to address problem gambling, including a major increase in funding for addiction, following government pressure.

Business • 02 Jul 19

Workers have been receiving up to €1,000 per person in compensation

Paddy Power workers to take more rest break cases

A union representing staff at Paddy Power Betfair has lodged 78 separate cases on behalf of its members seeking compensation for alleged denial of rest breaks.

Business • 20 Feb 19

Paddy Power's former CEO Andy McCue to leave newly merged company

McCue to leave newly merged Paddy Power Betfair

Paddy Power Betfair has said that its chief operating officer Andy McCue is to leave the company.

Business • 23 Mar 16

Paddy Power reports higher revenues and profits for last year as it opened its 600th outlet in Dublin recently

Paddy Power reports record revenues for 2015

Paddy Power has reported a 24% increase in revenue to €1.09 billion - a new record high - for 2015 as the company saw double digit growth across all of its online and retail divisions.

Business • 08 Mar 16

Paddy Power expects its merger with rival Betfair to be completed on February 2.

Paddy Power reports 'good' trading for end of 2015

Paddy Power has said that trading in the last seven weeks of last year was "good".

Business • 27 Jan 16

The merged entity will be called Paddy Power Betfair and will be one of the world's largest public online betting and gaming companies

Paddy Power-Betfair merger is approved

The Competition and Consumer Protection Commission has cleared the proposed merger of betting firms Paddy Power and Betfair.

Business • 15 Jan 16