From d04576086a9cb96dde186e9004129ffac094a9d7 Mon Sep 17 00:00:00 2001 From: hilarioirvin7 Date: Tue, 21 Oct 2025 07:06:33 +0800 Subject: [PATCH] Add Paddy Power Shares Slump On Results --- Paddy-Power-Shares-Slump-On-Results.md | 19 +++++++++++++++++++ 1 file changed, 19 insertions(+) create mode 100644 Paddy-Power-Shares-Slump-On-Results.md diff --git a/Paddy-Power-Shares-Slump-On-Results.md b/Paddy-Power-Shares-Slump-On-Results.md new file mode 100644 index 0000000..8fc9df9 --- /dev/null +++ b/Paddy-Power-Shares-Slump-On-Results.md @@ -0,0 +1,19 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Paddy Power [shares plunge](https://viewcast.altervista.org/@muoishade82761?page=about) on results
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Shares in Paddy Power [Betfair](https://saga.iao.ru3043/terrancehalley) have fallen by about 5% after the bookmaker unveiled disappointing first-quarter outcomes.
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The company's underlying operating [revenue](http://git.fofpower.cn/brandonmcmurra) fell to ₤ 80m, [compared](https://osclass-classifieds.a2hosted.com/index.php?page=user&action=pub_profile&id=186025&item_type=active&per_page=16) with ₤ 91m for the exact same period in 2017.
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It blamed bad weather in March for lower profits from horseracing after 14% of UK and Irish races were cancelled.
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New wagering taxes and losses in the US also took their toll.
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The [company](https://saga.iao.ru3043/terrancehalley) said it was [planning](https://x.com/YohaigNG/status/1845872747924123782) to return ₤ 350m of cash to shareholders in the next 12 to 18 months, with a share buyback programme to be started quickly.
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Paddy Power Betfair opened three new shops in the UK and two in Ireland during the quarter, taking its overall to 631.
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'Good progress'
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The [company stated](https://gitea.gm56.ru/bertbgq6257302) group income was down 2% at ₤ 408m for the quarter,
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Growth in [football wagering](https://git.k8sutv.it.ntnu.no/brodielefanu91) was offset by "weak point in horseracing, which was adversely affected by the high level of weather-related cancellations".
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It [expects full-year](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) [revenues](https://saga.iao.ru3043/terrancehalley) to come in at between ₤ 470m and ₤ 485m.
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"We have actually made great development against our tactical priorities," [stated chief](http://dating.instaawork.com/@marlysbleau876) executive Peter Jackson.
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"In Europe, the effective completion of our platform integration has actually led to a significant improvement to the Paddy Power item.
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"In Australia, [Sportsbet](https://gitlab.tu-dortmund.de/leonardkidd162) continues to perform well and is [targeting](http://jinos.com/bbs/board.php?bo_table=free&wr_id=4470920) further market share growth."
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"Weather is a big aspect in our [industry](https://vmi456467.contaboserver.net/geniacisco829) and the dreadful start to [this promotion code](https://wiki.tgt.eu.com/index.php?title=YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) year has affected lots of organizations, not just the bookmakers. It is not surprising that [revenues](http://donghuosc.hubei.gov.cn/codes/mercedesfosdic) have actually plunged, but [the yohaig code](https://bk-house.synology.me:3081/dianahaly8341) genuine test will be through the spring and summertime," stated Andy Bell from Bettingodds.com, external.
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Betting company 'failed issue gamblers'
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2 May 2018
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Bookies look for betting device reprieve
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29 April 2018
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