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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The proposed sale of the state owned Tote this autumn has been placed on hold indefinitely due to the current state of the UK and global economy. The UK Sports Minister Gerry Sutcliffe said the Tote would only be sold at a time when the correct market value could be achieved and would deliver value [...]

continue reading “Sale of Tote postponed”