PADDY Power is considering the launch of a new casino in Ireland as well as the introduction of gaming websites in Italy, Spain and Poland, the company revealed yesterday.
The move into continental Europe comes as European governments come under pressure to open their gambling industries to foreign companies.
Dublin-based Paddy Power, which operates mainly in Ireland and the UK, is seeking potential new markets after starting a German-language website in April, chief executive officer Patrick Kennedy said.
"We are looking at the possibility of introducing other European-language websites," Mr Kennedy said. "The ones we've looked at in the last three or six months have been Spain and Poland."
The company is also considering moving into Italy and may have a presence there within three years, he said.
The European Union this month told France, Italy and Austria to open up gambling to foreign companies in a bid to boost competition in the 25-nation bloc.
Italy is already in the midst of opening up its gaming industry to private organisations by licensing more sports betting and horse racing shops and so-called 'remote gaming' by internet and telephone.
Paddy Power's plans will depend on....
The move into continental Europe comes as European governments come under pressure to open their gambling industries to foreign companies.
Dublin-based Paddy Power, which operates mainly in Ireland and the UK, is seeking potential new markets after starting a German-language website in April, chief executive officer Patrick Kennedy said.
"We are looking at the possibility of introducing other European-language websites," Mr Kennedy said. "The ones we've looked at in the last three or six months have been Spain and Poland."
The company is also considering moving into Italy and may have a presence there within three years, he said.
The European Union this month told France, Italy and Austria to open up gambling to foreign companies in a bid to boost competition in the 25-nation bloc.
Italy is already in the midst of opening up its gaming industry to private organisations by licensing more sports betting and horse racing shops and so-called 'remote gaming' by internet and telephone.
Paddy Power's plans will depend on....
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But I'm surprised that they haven't run into serious legal matters here. It's a criminal offense in Germany to target Germans with any unlicensed casinos. Unlicensed = not licensed in Germany. It amazes me how these companies get away with this.
