Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Paddy Power to close 57 UK and Ireland shops, cutting nearly 250 jobs due to shifting betting trends and rising costs.

flag Paddy Power, owned by Flutter Entertainment, plans to close 57 betting shops across the UK and Ireland, affecting nearly 250 jobs, with closures expected within the next month. flag The move, driven by rising costs, challenging market conditions, and shifting consumer habits toward online betting, is part of a broader strategic review. flag While the company emphasized that physical stores remain important and offered redeployment where possible, job losses are expected. flag Flutter warned that potential tax increases in the UK’s upcoming autumn Budget could worsen the situation, possibly leading to further closures. flag The announcement reflects ongoing industry decline, with the number of betting shops in the UK and Ireland down by a third over the past eight years.

27 Articles