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In 2010, Paddy Power “went mobile.” The move to offer mobile betting services was largely responsible for the company nearly doubling their earnings from 2009 to 2010. In 2010, Paddy Power took in over 72.8 million Euros through their online gaming division, growing by about 27% from their 2009 figures. During this same timeframe, their customer base grew by over 55% and their active player base grew by 44% during the gaming year. As of the end of 2010, Paddy Power has over 85000 players registered at their bingo site, poker site, and online casino. Bingo was the fastest growing aspect of their online gaming aspect in 2010.
The headquarters for Paddy Power PLC is located in Dublin, Ireland – which is where the company is legally registered. Nigel Northridge, who serves as the Chairman of Paddy Power PLC, runs it. Nigel’s background focused on sales and marketing. Patrick Kennedy, who is Paddy Power’s CEO, has been in charge since 2006. Patrick’s background is rich in corporate financials.
Breon Corcoran is Paddy Power’s Chief Operating Officer and was installed in this role in the third quarter of 2010. Breon is directly responsible for running the online gaming aspect of Paddy Power’s business, which includes poker, their casino, and their bingo site. Corcoran’s expertise is in development of business, thus being responsible for the online avenue is a perfect match.
We believe Paddy Power is a stable and financially sound company. The company is innovative in terms of their marketing and customer retention efforts. Between their stability and the spread of games they offer, we rate Paddy Power as one of the top online bingo games providers. All of Paddy Power’s games (bingo, casino, and arcade-style) are hosted on the Virtue Fusion platform and they are regulated and audited via Virtue Fusion’s licence with the Alderney Gaming Control Commission.
Paddy Power’s Corporate Address:
Paddy Power plc,
Belfield Office Park,
Beech Hill Road,
Clonskeagh, Dublin 4, Ireland
Registered in Ireland