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Poker Hands Paddy Power Online Boost

16 May 2006

IRELAND -- As reported by RTE: "The chairman of bookmaker Paddy Power has told shareholders that the group's turnover in the first 19 weeks of this year is running 25% ahead of the same period last year.

"Fintan Drury said turnover in betting shops was up 19%, while in telephone betting the rise was 18%. Online turnover was 44% higher, excluding gaming revenues, which were 27% ahead, helped by the addition of poker games.

"Mr Drury said gross win percentages were in line with expectations, while costs had risen by a third, because of new outlets and expansion of the online business..."

 
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