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Paddy Power boss Peter Jackson is a very wealthy man. Gambling is a game of winners and losers. Paddy Power set the odds…

Barry O’Halloran

Thu Mar 2 2023 – 08:32

Once-off costs left Paddy Power and Betfair owner Flutter Entertainment with a £305 million (€343 million) loss last year.

The Irish gambling giant said on Thursday that revenues rose 27 per cent to £7.7 billion in 2022 from £6 billion the previous year.

Pretax losses narrowed to £305 million last year from £412 million in 2021, the company’s financial results show.

However, stripping out several once-off costs and expenses that are not part of its normal business, Flutter’s pretax profit slipped 26 per cent to £336 million in 2022 from £454 million the previous year.

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Paddy Power boss Peter Jackson; very wealthy man

Barry O’Halloran

Thu Mar 2 2023 – 08:32

Once-off costs left Paddy Power and Betfair owner Flutter Entertainment with a £305 million (€343 million) loss last year.

The Irish gambling giant said on Thursday that revenues rose 27 per cent to £7.7 billion in 2022 from £6 billion the previous year.

Pretax losses narrowed to £305 million last year from £412 million in 2021, the company’s financial results show.

However, stripping out several once-off costs and expenses that are not part of its normal business, Flutter’s pretax profit slipped 26 per cent to £336 million in 2022 from £454 million the previous year.

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Ant & Dec – Now say Putin is the President of Ukraine and call Kamala Harris ‘Vice President Trump’ . @paddypowerofficial #gamblingad. Flutter Entertainment plc, an American company, own Paddy Power

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  • paddypowerofficial‘Now say Putin is the President of Ukraine and call Kamala Harris ‘Vice President Trump’.11h
  • thegrecs's profile picturethegrecs😂😂😂 I literally thought this exact same post this morning! 👏👏1 likeReply
  • wbutterworthGive it Giggsy till end of the season43 likesReply
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  • pnigh80If this isn’t the best account on here I don’t know what is9 likesReply
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  • susiedunn75😂😂Reply
  • ee_colinIt’s really not funny….especially if it means Trump 😮Reply
  • leonidis10It’s brutal watching this fella’s decline. You simply cannot defeat time and he should step aside gracefully.1 likeReply
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  • hiphop_collected's profile picturehiphop_collected😂😂😂😂😂😂1 likeReply
  • angelatink63No doubt the media will be full of jokes and memes. For me personally, I find it sad to watch a mans memory in decline on the Worlds Stage. Biden said he had neuro test in Feb.Maybe something has changed since then.? No shame at his age.Thatcher prime minister, in the Uk and Ronald Regan. Biden should hand over to save himself further ridicule.1 likeReply
  • awoolliscroft86Get Michelle Obama in1 likeReply
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