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Paddy Power Getting More Land Shops

Online casino gamblers and bettors may have a hard time realizing that Paddy Power is actually a primarily land based operation that started with land betting shops in Ireland and has now become an international land and internet gambling company. Recent reports from Paddy Power indicate that the company’s online casino gambling and betting efforts are really beginning to not only pay off, but take off as well. Additionally, although there is certainly loot to be made through the online casinos and internet betting interests, Paddy Power is also looking to expand the number of betting shops it operates in the UK.

Paddy Power released a report containing the company’s H1 results just this week and in the report it was noted that Paddy Power is already beginning to expand its land betting operations through the UK. There is certainly a great deal of competition in the UK land bookie industry thanks to companies like Ladbrokes and Will Hill, but even so, Paddy Power is well positioned to compete with the company’s land bookmaking shops as well as the company’s online casinos and internet betting interests.

The CEO of Paddy Power, Patrick Kennedy, was pleased by Paddy Power’s performance in H1 – especially when one considers that online casinos and some internet betting companies have suffered some steep losses due to market fluctuations. Those fluctuations though seem to just come with the territory and Paddy Power’s results were quite favorable on the whole. In addition to indicating the online division is hugely successful right now, they showed that Paddy Power has remained very lucrative in the land betting industry as well.