Online gaming leads to profits boost for Paddy Power

Bookmaker Paddy Power has seen a rise in profits thanks to online gaming.

Online gaming leads to profits boost for Paddy Power

Bookmaker Paddy Power has seen a rise in profits thanks to online gaming.

The company says profits in the first six months of the year rose 12% to €77m.

The total amount of bets staked with Paddy Power also rose 3% to €3bn

Paddy Power says most of the profits were generated online and in Australia, where it has expanded in the last couple of years.

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