Wednesday January 29, 2020

Banning virtual gambling ‘would close a third of bookies’

Paddy Power bosses insist the move would spell disaster for the betting industry

30th August, 2015
Will the house win this one?

Paddy Power executives have claimed that banning virtual sports gambling would shut almost one-third of Irish bookies shops and cause huge job losses in the sector.

Bookies shops allow gamblers to place bets on a constant stream of fake computer generated horse races, tennis and cycle races played on shop screens.

Banning the highly profitable but controversial practice would have “a substantial negative impact on the betting sector, reducing industry profits by 64 per cent,...

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