Wednesday, May 17, 2006

As reported by RTE: "The chairman of bookmaker Paddy Power has told
shareholders that the group's turnover in the first 19 weeks of this year is
running 25% ahead of the same period last year. "Fintan Drury said turnover
in betting shops was up 19%, while in telephone betting the rise was 18%.
Online turnover was 44% higher, excluding gaming revenues, which were 27%
ahead, helped by the addition of poker games. "Mr Drury said gross win
percentages were in line with expectations, while costs had risen by a
third, because of new outlets and expansion of the online business..."