Day: 12 March 2018

Fianna Fáil Calls for Mandatory Online Loss Limits to Tackle Problem Gambling

Mon 12 Mar 2018 10.21 Daniel Williams
Fianna Fáil Calls for Mandatory Online Loss Limits to Tackle Problem Gambling

Fianna Fáil, the Irish Republican Party, called bookmakers to impose a certain limit to the amount of money that could be lost online by customers. The political party made the commentary on the matter after the former Chief Executive Officer of Paddy Power Betfair, who is also the founder of the bookmaker, urged the authorities to make sure that certain restrictions are implemented. Last week, Mr. Stewart Kenny who is not only one of the company’s founders but was also on the bookmaker’s board until 2016, said in an interview…

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Paddy Power Betfair Protests against Betting Shops Crackdown

Mon 12 Mar 2018 8.37 Olivia Cole
Paddy Power Betfair Protests against Betting Shops Crackdown

Last week, the Ireland-based bookmaker Paddy Power Betfair that it is to face major challenges over the upcoming months. The company needs to face increasing pressure from local gambling operators, to make an appointment at the position of Chief Financial Officer and needs to become more focused on drawing benefit from online operations. On top of everything, the Irish bookmaker needs to make certain decisions when it comes to its retail network. Now, the company’s Chief Executive Officer called for the crackdown on retail shops to be postponed. As reported…

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