Paddy Power considers moving operations abroad

Paddy Power will consider moving its internet and phone betting operations abroad if the government goes ahead with plans for a 2 per cent tax on all bets, according to the company’s chief executive.

21st May, 2011

Paddy Power will consider moving its internet and phone betting operations abroad if the government goes ahead with plans for a 2 per cent tax on all bets, according to the company’s chief executive.

Patrick Kennedy said that a new tax regime would unfairly disadvantage Paddy Power, which employs around 800 people in its internet and phone operations in Tallaght in Dublin. Most of its online competitors did not have a significant presence in...

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