UK gambling firms face €120m tax for anti-addiction measures
Tax set to hit Paddy Power owner Flutter among other betting companies
Paddy Power
Flutter shares slide as UK government mulls £3bn tax hike for gambling sector
Finance minister Rachel Reeves could announce the tax in her maiden budget on October 30th
Flutter expects to return €4.5bn to shareholders
Paddy Power owner bets on growth as US and world betting markets expand
Flutter to buy Italian company Snaitech in €2.3bn deal
Acquisition will give Paddy Power owner a bigger footprint in Europe’s largest regulated gambling market
Paddy Power parent Flutter buys Brazilian betting group for €316m
Gambling giant told investors deal would enhance company’s position in what is a growing betting market
Flutter boss in line for potential €6.25m pay packet next year
CEO Peter Jackson takes basic pay cut but faces big bonus boost under new compensation agreement
Global shares edge higher on promising US inflation data
Iseq index slips 0.4% amid declines for Glanbia and Ryanair
Paddy Power owner weighs a €2.3bn Italian bet
Flutter in exclusive talks to buy Playtech’s Snaitech business, the biggest online betting operator in Italy
Flutter sees profit surge in first earnings since US move
Betting giant raises full-year guidance after second quarter earnings
Casino owner says gambling law’s €10 bet limits will unfairly hit business
Bill exempts other forms of betting that, casinos argue, are more likely to give rise to the problem gambling that limits are supposed to counter
Public sector unions call for RTÉ-style multiannual funding
Seen and Heard: AIB and Bank of Ireland dividends; Cairn Homes deal in Bray; investment giants pushback against the Central Bank; Paddy Power racing remarks
Michael O’Leary, Tony Smurfit, Albert Manifold: Which Irish plc CEOs have the biggest pay packages?
The median chief executive compensation packag was €2 million last year.
‘Fearless, unflappable’ Paddy Power co-founder laid to rest in Dublin
David Power inherited the family business from his father before merging it with two rivals to form the betting giant
Death of Paddy Power co-founder David Power announced
Bookmaker was key figure in Irish betting industry for decades
Activists hold breath over gambling legislation amid ‘barrage’ of lobbying
More than 130,000 Irish people suffer from problem gambling or are at risk of it, according to the ESRI
Paddy Power parent’s CFO leaves as shares to begin trading in New York on Friday
About 98% of investors voted for the Irish gambling giant to shift its primary listing to Wall Street from London
Global markets slip as investors await key inflation data
Renewable energy group Corre Energy saw its value climb 7% in Dublin after it started a share sale to investors
US move will not hit Irish jobs, says Paddy Power owner
Flutter Entertainment says first quarter revenues rose 16% to €3.2bn but it recorded a loss
Millennium Asset Management takes short position in Flutter
Hedge fund’s bet against shares in Paddy Power owner comes after the company announced an increase in revenue, average monthly players and earnings
Some charity draws not exempt from TV gambling ad rules after amendment is defeated
Minister of State James Browne says most of Bill received strong cross-party support despite a tsunami of lobbying from gambling and horse industries.
US index inclusion ‘key objective’ in Flutter plan to move primary listing
Shareholders will vote on the transfer of Flutter’s primary listing from London to New York at AGM next month
Global markets subdued in short trading week as investors await US inflation data
In Ireland, the ISEQ All Share Index had a weaker performance than its European counterparts
Gambling law should not ban incentives, says Flutter
Once-off charges leave Paddy Power owner with $1.2 billion loss
Tapping into an ‘enjoyably relentless’ pace of life
Wild Geese: Rob Allen, London: ‘I was flat out dealing with the international media and helping to brief four-time Super Bowl champion Rob Gronkowski’
Travel giant Tui the latest stock to quit struggling UK market
London’s main problem is the same as Dublin’s – the greater liquidity and higher valuations on offer in the US
Shares pause ahead of key central bank meetings
Paddy Power-owner Flutter surges on Wall Street debut
Flutter shares advance on first day of Wall Street trading
Parent company of Paddy Power and Betfair has cancelled Irish listing
Flutter propels Iseq into green as global shares advance
Main European indices close higher as rates expectations shift
Paddy Power owner takes a punt on Minister making changes to new betting laws
Flutter Entertainment to leave Irish Stock Exchange as it heads to Wall Street, but will remain ‘incorporated, headquartered and tax resident’ in Republic
Mixed day of stock market trading as investors weigh inflation data against US bank earning reports
Euronext Dublin was flat as the week drew to a close but other European markets gained
European markets lacklustre as investors await key US inflation data
Iseq All Share dips 1.88% on a weak day for the banks
Unhappy birthday for FTSE 100 as it turns 40
Returns on UK stocks have proved especially disappointing over the past two decades
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