Tag Archives: Dublin

The integration of Boylesports pricing and retail provisions has helped Dublin based bookmaker Tom Flood (Boylesports retail subsidiary) post a profit of €445,000 (£325,000) in 2014. Tom Flood reverses its losses of €26,000 for 2013. Tom Flood which operates seven bookmakers in the Dublin area, was acquired by Boylesports in November 2013. The acquisition saw Boylesports invest €3 million to …

Having announced yesterday, that governances had agreed on terms and conditions for their planned £5 billion merger. Paddy Power and Betfair executive teams have detailed further insight with regards to merger plans and long term integrations of the operators. Central to its long term growth, will be the estimated annual cost saving of £50 million through shared synergies which the …

Issuing an investor update this morning, Betfair and Paddy Power governances have confirmed that terms and conditions of their proposed £5 billion merger have been agreed on. The announcement sees Paddy Power agreeing to acquire Betfair assets at a value of £2.86 billion ($3.2 billion). Once completed the planned merger will result in Paddy Power shareholders owning 52% of the …

Betfair has appointed Director of Online Marketing Johnny Devitt as Chief Marketing Officer (CMO). Industry news source EGR Magazine, confirmed the appointment of Devitt who will take over marketing and branding initiatives for Betfair. The operator had created the senior management role following the departure of former Brand Director Mark Ody as Betfair merges online marketing and branding responsibilities under …

Paddy Power has informed Ireland’s Consumer & Competition Commission that it intends to purchase two more betting shops in North Dublin, adding to its existing Irish retail portfolio of +200 betting shops. Paddy Power retail management confirmed to the commission that it was in the process of acquiring independent bookmaker ‘Track Sports’ properties’ in Donabate and Swords North Dublin. The …