Latest Irish online casino news and Paddy Power

It is debatable whether many online casino games players are at all interested in the comparative fortunes of our leading online casino operators, but here at onlinecasino.ie we like to keep relatively up to date with any Irish online casino news that is being reported in the media and pass it on to our readers in our regular online casino news features. It is probably true that our biggest and most popular online casino operator is Paddy Power, so we were very interested in their first-half trading update announced earlier this week. Unlike one or two of their main rivals Paddy Power have prospered significantly over recent years and their shareholders have done extremely well from the steady growth the company has achieved. Once again the half year results show a steady increase in net revenues, up 6% but they also reported a 17% fall in net revenues from their online sports betting operations as well as an 8% drop in revenues from their betting shops. This appears to have been the result of what they call poor sporting results, which some would interpret as meaning that their customers actually won. Perhaps the success of both the Republic of Ireland and the Northern Ireland football teams in qualifying for Euro16 was not as popular with Paddy Power as it was with their Irish customers. Fortunately Paddy Power’s Australian business appears to have come to the rescue with a 32% increase in revenue, so the company remains confident of achieving a reasonable increase in full year operating profits. As we said in our opening paragraph, it is like that the majority of Paddy Power’s online casino customers are more interested in the quality of casino games they can play at the Paddy Power casino site than they are in the fortunes of the company as a whole, but a strong online casino operator always generates more investment in the product and is therefore in all our interests.