Turnover Augmented by 31 Percent

In spite of what has turned out to be a difficult year for some online gambling sited, the full year turnout for Irish bookmaker Paddy Power's show a very substantial increase in turnover of 31 percent coming to approximately Euro1.8 billion.

Altogether, the gross wins for group increased 36 percent reaching Euro219 million. A very significant 64 percent increase in online gambling wins, boosted this amount along with FOBTs, according to a company spokesperson.

Operating profits have reached a level of Euro 45.5 million which reflects a 51 percent while Paddy Power’s before-tax profit increased to 52 percent or Euro47.6 million.

As a result of its expanding online business, and online activities, Paddy Power.com has become the third ranked in number of online visitors of the online sportsbook located in the UK.

Also, there was a 57 percent increase in online wins reaching Euro67.4 million, with online operating profits rising 38 percent to Euro23.4 million.

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