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The Latest Breaking News from Paddy Power

Analysts back British gambling firm stocks despite tax rises for sector

Paddy Power owner Flutter and other betting and gaming firms say higher online gambling taxes will hit profits hard

The Guardian - UK

Gambling giants warn of £700 million hit from Chancellor's betting duty hikes

The OBR said it expected the changes to raise an extra £1.1 billion a year for the Treasury by 2029-30

Evening Standard

Flutter warns over earnings hit from Budget gambling tax blow

The Paddy Power owner said the tax raid will impact earnings by around £241.7 million in 2025-26 and £407.9 million in 2026-27.

Evening Standard

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What's Easier, A Hole-In-One, 9 Darter Or 147? This Company Will Answer That Question Via An Interesting Experiment

Betting company Paddy Power is hosting a challenge to settle the debate over what’s easiest, a hole-in-one, a nine-darter or a 147 break in snooker

Golf Monthly

High street giant closing 57 stores across UK & Ireland

Paddy Power is closing 57 stores

Evening Standard

Panic Attack’s Gold Cup victory at Cheltenham a boost for Skelton’s title hopes

Panic Attack gave her new stable’s pursuit of a first win in the National Hunt trainers’ title a boost with a 6-1 success in the Paddy Power Gold Cup

The Guardian - UK

Paddy Power owner Flutter alerts over earnings as gamblers enjoy winning streak

The betting giant warned of a hit of around 170 million US dollars (£129.4 million) from higher-than-expected payouts since October 1.

Evening Standard

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Paddy Power owner issues warning as gamblers beat the bookies

The betting giant is set to launch a new app soon

The Independent UK

Former Paddy Power boss calls for gambling tax hikes to deter harmful betting

Stewart Kenny also accused firms of ‘scaremongering’ over warnings about gambling tax hikes.

Evening Standard

Betfred says it could be forced to close all its shops in face of gambling tax hikes

Betfred’s CEO said the odds of closing up shop are ‘10 to one against’ on high streets across the UK and Ireland

Evening Standard

'I'll be like, 'How do you know that?'' Peter Crouch and Abbey Clancy's podcast has blurred the lines of their private life

Peter Crouch has been sharing so many details of his relationship on The Therapy Crouch podcast that he forgets what's been made public and what's still private between him and his wife Abbey Clancy.

BANG Premier

Paddy Power to shut 57 shops in UK and Ireland with almost 250 jobs at risk

Parent firm Flutter blamed the closures on ‘increasing cost pressures and challenging market conditions’.

Evening Standard

‘The only 343 that works in Manchester’ Ruben Amorim dig delivered by bus to Manchester United’s stadium

Let’s hope the Manchester United boss wasn’t intending to take the bus home...

FourFourTwo

Paddy Power secures NFL betting partnership in UK and Ireland

Free-to-play game headlines the deal.

Dot Esports

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Evening Standard

Flutter upgrades full-year forecast as FanDuel steals the show

Flutter hailed an ‘excellent’ quarter thanks largely to its US business, which is led by FanDuel.

The Guardian - UK

UK gambling industry launches summer charm offensive to head off tax rise

Exclusive: Lobbyists meet with ministers, and host a darts night with Labour advisers and MPs’ staff

TechRadar

800,000 users at risk after MAJOR hack at betting giants — IP addresses, email addresses, and online activity compromised

Breach at major betting sites exposes emails, IPs, and online activity, prompting warnings about phishing and urging users to practice caution despite no password leaks.

Evening Standard

Paddy Power data breach: Everything you need to know

Up to 800,000 Betfair and Paddy Power customers have been hit by a data breach

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International Business Times UK

Paddy Power Cyberattack Update: What Was Stolen and How Could the Breach Affect You?

The incident, confirmed by parent company Flutter Entertainment on Tuesday, July 8, involved unauthorised access to internal databases on Flutter's Exchange platform.

The Guardian - UK

A punt on the pontiff: bookies expect flood of bets on who will be next pope

Italian cardinal is clear favourite as solemn conclave ritual for picking Francis’s successor attracts interest of gamblers

The Independent UK

Cheltenham Festival tips: Gold Cup odds, experts’ best bets and 13 horses to watch on day four

Galopin des Champs looks to make is a famous Gold Cup hat-trick after a thrilling week of racing

The Independent UK

Woman wins £1m court case against Paddy Power over jackpot error

Paddy Power ordered to pay £1m to woman after jackpot prize error

The Guardian - UK

High court orders Paddy Power to pay £1m prize to winner offered £20,000

Corrinne Durber fought gambling firm in court after it said she had won daily jackpot rather than ‘monster jackpot’

Evening Standard

Gardener wins High Court case over £1 million Paddy Power payout

Corrine Durber was given judgment in her favour without a trial on Wednesday.

The Independent UK

Paddy Power ordered to pay £1m to woman after jackpot prize error

Corrine Durber was told she had won more than £1 million while playing Paddy Power’s online Wild Hatter game in 2020 - but she only received £20,265

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