Gambling | Business Post

Ladbrokes owner Entain books 13% earnings jump but warns of ‘regulatory headwinds’ in 2023

Company reported overall revenues of £4.3bn but its online trading suffered last year as a result of regulatory issues the UK and in the Netherlands

Former Paddy Power staffer to ‘keep scaling’ new betting firm with online launch ahead of Cheltenham

AK Bets has been active on Irish racetracks over recent years but founder Anthony Kaminskas wants to grow its customer base and believes the new website and apps will have an ‘astronomical’ impact on its revenues

Flutter strategy pays off in US, winning 50 per cent of online sports betting market

Dublin-based multinational gambling company’s US division ‘well placed’ to turn a profit this year

Paddy Power-owner Flutter posts rise in profits as US expansion continues

Adjusted earnings rose to €1.15 billion at the Dublin based multinational

Paddy Power-owner Flutter seeks shareholder approval for US listing

The gambling giant expects the total addressable gambling market in the US to be worth $40 billion by 2030

Flutter rival Draftkings to cut jobs in Ireland as part of global restructuring

The Boston-based company, which is one of the Paddy Power-owner’s main competitors in the United States, opened an engineering centre in Dublin in 2020

Matt Cooper: Why left-wing critics are wrong to target Coillte’s clever forestry deal

Opponents may be concerned more with private farmers being denied an opportunity than with landgrabbing

Flutter rival Draftkings pulls out of Ireland just two years after launch

The Boston-based company, which is one of the Paddy Power-owner’s main competitors in the United States, has given Irish customers five days to withdraw funds

Observers not betting on a good outcome for US gambling liberalisation

With sports betting legal in the US since 2018, there are winners such as FanDuel, the US arm of Irish betting giant Flutter. But there are fears that the lax regulatory environment could lead to addiction problems on the scale of the opioid crisis

Revenue worried about ‘growing trend’ of businesses trading cash-only

Politicians to hear Revenue has noticed an uptick in off-books payments and as it attempts to clamp down on tax avoidance and evasion

National Lottery: Why Ireland's regulator says it's not the same as normal gambling

The body overseeing the lotto argued tighter controls create a difference

Flutter aims for fivefold revenue growth in US

Gambling firm’s US arm FanDuel expects to see earnings hit $5 billion within eight years

Gambling bill to limit amount of money risked in betting

Reforms to alleviate addiction levels in Ireland include the appointment of a gambling regulator who may introduce affordability checks

Double or nothing: Browne bets it all on Gambling Regulation Bill

The Minister for Justice’s new bill will introduce spending limits and create a gambling regulator for the first time. But will it have the power to reduce the scourge of gambling addiction in Ireland?

Qatar World Cup

Emmet Ryan: No sign of a World Cup bounce as advertisers stay on the sidelines

Pre-tournament turnover is down as the controversies surrounding host country Qatar have seen brands act cautiously around promotions, while the Christmas timing is also a factor

Overhaul of gambling laws ‘desperately needed’ but new bill may prove tricky given market complexity

Fifteen years in the offing, a new bill has been produced with the promise of a new gambling regulator being established next year, but there may be more than a few hurdles before it becomes law

Flutter lays off fewer than 200 staff in Ireland and Britain

Gambling giant says redundancy scheme has been completed for ‘significantly’ less than 200 workers at its Irish and British operations

Flutter boss ‘disappointed’ over California vote rejecting legal sports betting

Jonathan Hill was speaking after Flutter upgraded its full-year outlook in a third quarter update on the back of a 31 per cent increase in overall revenue

Irish bookmakers warn of ‘grave’ threat to survival and thousands of job losses over 2% betting levy

Irish Betting Association said 2 per cent rate of tax on bookies’ turnover had left many independent bookmakers unviable, resulting in 60 shop closures and costing 360 jobs

Peter O’Dwyer: Flutter’s focus moves Stateside as it eyes potential American riches

Recent comments by the gambling giant’s chief executive Peter Jackson indicate that it is pivoting away from its traditional base of Britain and Ireland