Paddy Power plc
ISE:PWL ISIN:IE0002588105
Paddy Power plc provides sports betting services through a chain of licensed betting offices (Paddy Power Bookmaker) together with online interactive betting services (paddypower.com) and telephone betting (Dial-a-Bet). The Company provides online gaming services through paddypower.com, paddypowercasino.com, paddypowerpoker.com and paddypowerbingo.com, and financial spread betting services through paddypowertrader.com. It provides its services principally in Ireland and the United Kingdom. In May 2008, Paddy Power plc acquired McGranaghan Racing, an eight-shop Northern Irish bookmaking chain. In May 2009, the Company acquired a 51% interest in Sportsbet Pty Ltd.
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News
The Australian market rose through the 4,000 level on Wednesday, led by property stocks as data showed the economy had avoided a recession. The benchmark S&P/ASX200 surged 61.9 points, or 1.56 per cent, to 4,017.2, while the broader All Ordinaries was 61.2 points, or 1.55 per cent higher, at 4,009.3.
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