Tag Archives: paddy power

Ahead of today’s Annual General Meeting, Paddy Power announced that retiring Smurfit Kappa CEO Gary McGann will become the operators new Chairman, replacing the outgoing Nigel Northridge who will step down from the company board at the end of June. Last week Irish business news reports had speculated that McGann would be the strong favourite to replace Northridge who has …

Paddy Power has revealed in its interim management statement (period 1 January – 11 May), that the operator recorded a strong start to 2015 which has been offset by ‘unfavourable’ sports results seen throughout the sector. The company further stated that a weaker euro this year had helped offset the impact of new taxes and regulations levied on the betting …

The Irish Times has reported that soon to retire Smurfit Kappa CEO Gary McGann is keen to become next Chairman of Paddy Power Plc, replacing current incumbent Nigel Northridge. Northridge who has been the Irish bookmakers Chairman since 2009 has given no indication that he is to step down from the position. McGann who will retire from packaging multi-national Smurfit …

Licensing expert David Clifton, of consultants Clifton Davies, has analysed what the political parties have to say about the betting shop’s main breadwinner and doesn’t like what he sees. Fixed Odds Betting Terminals have rarely been out of the news since they were first introduced into Britain’s betting shops. That is now thirteen years ago. Just a year after that, …

Paddy Power marketing has again caused controversy and split public opinion with the release of its latest multi-content marketing campaign on the Irish referendum on marriage equality. The bookmaker has launched a cross channel campaign via billboard, press and online verticals which depicts two balaclava dressed men embracing following their marriage. The bookmaker has attached the IRA Slogan ‘Tiocfaidh Ár …

Paddy Power has confirmed the appointment of Gavin (Gav) Thompson  as its New Chief Marketing Officer (CMO). Thompson replaces long term CMO Christian Woolfenden who is set to lead the operator’s revamp of its UK and Irish retail betting divisions. Thompson a 20 year marketing veteran with expert knowledge in strategic marketing and brand communications, Gav Thompson has worked with top …

Paddy Power is facing mounting protests from London Borough of Croydon residents, as the operator looks to open a new betting shop on Thornton Heath high street. Paddy Power has agreed a long term lease for the shop which will be situated next to Thornton Heath station and is currently seeking licence approval from the council for the shops opening. …

Ahead of this week’s Aintree Grand National (9-11 April), Paddy Power has launched a set of viral videos featuring legendary jockey Ruby Walsh. The viral videos follow Ruby Walsh as he prepares to ride the Grand National. Walsh who comes fresh from winning four Cheltenham Festival races last month, Walsh will be riding Ballycasey who the majority of bookmakers have …

Ahead of its annual general meeting set for 14 May, The Irish Examiner reports that Paddy Power governance is expected to continue to return its surplus cash to investors in the coming years. In March Paddy Power governance announced that it planned to return a dividend of €390 million, representing 12% of its current market value. Paddy Power who were …

Paddy Power has confirmed that Director of Investor Relations and Company Secretary Jack Massey has stepped for his position after nine years of service. The operator confirmed that Massey role would be transferred to Edward Traynor, incoming Paddy Power Group General Counsel following the upcoming corporate Annual General Meeting scheduled for 14 May. Jack Massey leaves Paddy Power to pursue …