Addiction: Tony Parente gambled £282,000 of defrauded funds The owner of Paddy Power has been accused of plying a fraudster with cash bonuses and free hospitality tickets as he bet hundreds of thousands of pounds of stolen money. Flutter, a FTSE 100 firm, is defending itself in the High Court against claims it allowed Tony … Read more
MGM’s hopes of deal for Ladbrokes-owner Entain a step closer after Shay Segev quits UK gambling firm By Daily Mail City & Finance Reporter Published: 22:17 GMT, 11 January 2021 | Updated: 22:17 GMT, 11 January 2021 MGM’s hopes of securing a deal for Ladbrokes-owner Entain moved a step closer after Shay Segev quit as … Read more
Paddy Power shouldering millions of pounds of staffing costs after opting not to use Government’s furlough scheme despite sending shop workers home By Daily Mail City & Finance Reporter Published: 22:30 BST, 16 April 2020 | Updated: 22:30 BST, 16 April 2020 Paddy Power is shouldering millions of pounds of staffing costs after opting not … Read more
Investors bet against bookie as doubts grow over £10bn merger between Paddy Power owner and Canadian rival By Calum Muirhead For The Daily Mail Published: 21:50 BST, 10 February 2020 | Updated: 21:55 BST, 10 February 2020 The blockbuster merger to create the world’s largest gambling company ‘is not a done deal’ and could be … Read more