IRELAND - As reported by RTE: The chairman of bookmaker Paddy Power has told shareholders that the group's turnover in the first 19 weeks of this year is running 25 percent ahead of the same period last year.
Fintan Drury said turnover in betting shops was up 19%, while in telephone betting the rise was 18%. Online turnover was 44% higher, excluding gaming revenues, which were 27% ahead, helped by the addition of poker games.
Mr Drury said gross win percentages were in line with expectations, while costs had risen by a third, because of new outlets and expansion of the online business.
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