Irish bookmaker Paddy Power saw its share value drop sharply yesterday in reaction to figures release by Horse Racing Ireland that showed that there was a decline in the horseracing industry has decreased for the first time in fifteen years. Paddy Power’s shares fell from 7.8pc to €11.90 and have shrunk further €11.28 by lunchtime today, increasing [...]

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As the world gets ready to welcome the next American president, UK based punters have staked a record £10 million worth of bets on the two horse race, almost four times as much that was bet on the 2004 elections. Obama is currently beating John McCain in the opinion polls by seven points, beating McCain [...]

continue reading “US elections sees £10 million in bets”