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Paddy Power

  • Betfair to be probed in court over online betting liability 

    Legal

    Betfair is due to be scrutinised in court tomorrow over its duty of care in relation to the dangers of online gambling and betting following a problem gambler’s suicide.  The online gambling giant, owned by Irish-American betting giant owned by Flutter Entertainment, will face questions over claims it failed to identify Luke Ashton’s gambling addiction [...]

    Grosvenor casino owner Rank shares soared on Wednesday.
  • Paddy Power owner’s London exit fears mount as shares slide

    Betting

    Flutter Entertainment is facing fresh scrutiny after analysts warned the gambling giant’s battered share price is effectively “pricing in zero US growth”, as fears mount over a potential full London Stock Exchange exit. The Paddy Power and FanDuel owner has come under renewed pressure after cutting guidance despite posting stronger quarterly revenues, with investors increasingly [...]

    Flutter owns gambling firms like Paddy Power and Fanduel.
  • Entain losses deepen as Budget gambling tax bites

    Betting

    Britain’s new gambling tax regime has delivered an early sting for Entain, pushing the Ladbrokes owner to a wider annual loss even as its core betting business continued to grow. The FTSE-listed bookmaker said it swung to a loss of £681m for 2025, compared with £461m a year earlier, after booking a £488m impairment linked to [...]

    Gambling giant Entain sued owners behind OddsMonkey
  • Flutter shares tumble as Paddy Power owner misses forecasts

    February 27, 2026

    Shares in Flutter Entertainment fell sharply after the Paddy Power parent missed expectations across key measures and issued softer-than-expected guidance, adding to concerns about the outlook for the US sports betting market. The New York-listed group saw its stock drop almost seven per cent in extended trading after reporting fourth-quarter revenue of $4.74bn (£3.52bn), below [...]

  • Paddy Power Free Spins 2025

    December 17, 2025

    Whether you are an avid online bettor or not, you have probably heard of Paddy Power. However, not many know that this top site also has an excellent casino section. The site offers a great welcome promotion that rewards new customers with up to 60 free spins and a further 100 free spins when they [...]

  • World Darts Championship extends title sponsor deal with Paddy Power

    December 1, 2025

    Paddy Power’s title sponsorship of the World Darts Championship will near a decade after the bookie extended its deal with the showpiece event by another five years. The Flutter-owned firm took over from Cazoo in December 2023 and will be the title sponsor until at least 2031 after penning a half-decade extension with the Professional [...]

  • Paddy Power founder: Bookies ‘scaremongering’ over tax hike damage

    October 28, 2025

    The betting sector is “scaremongering” over the potential damage of a tax raid on gambling, according to the retired co-founder of Paddy Power, who said he had led similar industry warnings of job losses and store closures before other mooted tax changes. Stewart Kenny, who served as chairman and chief executive at the Irish gambling [...]

  • Betfred founder: Tax rises are “biggest threat” to the industry

    October 19, 2025

    Betfred shops could vanish from UK high streets if Chancellor Rachel Reeves carries out a potential tax raid in the November budget, the company’s co-founder and chairman has warned. Fred Done, who founded the business in 1967 with his brother, hailed tax rises as the “biggest threat” to the industry he has seen in his [...]

  • Flutter: Paddy Power owner books record quarter

    August 8, 2025

    Online betting giant Flutter hiked its full-year profit guidance for 2025 after a record quarter driven by business in the US. The world’s largest online sports betting operator recorded a 16 per cent rise in revenue to $4.2bn (£3.12bn) in the three months to June 30. Meanwhile, earnings jumped 25 per cent to $919m. FanDuel [...]

  • Flutter: Paddy Power owner stock sinks after gambler winnings

    May 8, 2025

    Flutter, the gambling giant owner of Paddy Power and Betfair, has upgraded its profit guidance despite missing analyst forecasts in the first three months of 2025. The gambling giant failed to meet expectations on revenue and profit after the US March Madness college basketball series saw a number of favourites win out, it revealed in [...]

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