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Paddy Power exits IBA

Discussion in 'Sportsbook Information' started by jetset, Oct 25, 2007.

    Oct 25, 2007
  1. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    BOOKIE BUST UP

    Paddy Power reverses out of IBA

    According to an ATE news report, the major land and online Irish betting group Paddy Power has departed the Irish Bookmakers Association due to what the IBA calls "irreconcilable differences."

    Sharon Byrne, Chair of the IBA, expressed regret at the Paddy Power decision and said differences on key objectives contained in the IBA's budget submission including funding for the horse racing industry, repatriation and measures needed to bolster the future of smaller bookmakers had caused the split.

    The IBA membership comprises nearly three quarters of the betting shops in Ireland.
     

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