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    Paddy Power
    Gambling, Betting, iGaming

    Paddy Power

    Ireland flagIreland

    "The world's most famous bookmaker"

    Founded 1988 Dublin, Ireland
    Community

    About

    John Murray, David O'Callaghan, and Sean O'Connor opened the first Paddy Power shop on Dublin's O'Connell Street in 1988. The founders quickly realized that traditional betting shops were dull places filled with grey suits and boring odds. They introduced a colorful, chaotic atmosphere with bright orange branding and staff who wore novelty outfits to engage customers. This irreverent approach turned a standard high-street outlet into a cultural talking point within Ireland.

    The brand expanded its reach beyond physical locations to become a dominant digital force after merging with Betfair in 2016. That merger created Paddy Power Betfair, which later rebranded as Flutter Entertainment in 2018 following the acquisition of The Stars Group. Today, the company operates as a global giant in iGaming while keeping its roots firmly planted in Dublin. Its platform now handles sports betting, online casino games, poker, and bingo for millions of users worldwide.

    Recent strategic shifts have seen the company prioritize online growth over physical expansion. By September 2026, reports indicated that up to 100 Paddy Power shops could face closure as part of a cost optimization review. This move affects approximately 400 jobs and signals a decisive pivot toward a fully digital-first model. The brand continues to launch bold promotions for major events like the Katie Taylor vs Flora Pili fight, offering massive odds boosts to keep fans engaged.

    Products & Sub-brands

    Sports bettingOnline casinoPokerBingoHorse racingLive dealer games

    Frequently Asked Questions

    Who owns Paddy Power?
    Paddy Power is owned by Flutter Entertainment plc, a publicly traded global gaming company formed after the merger of Paddy Power Betfair and The Stars Group in 2018.
    Is Paddy Power still in business?
    Yes, Paddy Power remains fully operational and is a major subsidiary of Flutter Entertainment, though it is currently closing up to 100 physical shops to focus on online growth.
    Where is Paddy Power headquartered?
    The brand's headquarters is located in Dublin, Ireland, which serves as the central hub for its operations within the Flutter Entertainment group.
    What is Paddy Power known for?
    Paddy Power is best known for its bold, irreverent marketing campaigns, competitive sports betting odds, and a diverse range of gambling products including sports, casino, and poker.
    How many Paddy Power shops are closing?
    As of September 2026, Flutter Entertainment is considering closing up to 100 Paddy Power betting shops, which could result in approximately 400 job losses as part of a strategic review.

    Keywords

    Paddy PowerFlutter EntertainmentIrish bookmakeronline bettingsports wageringKatie Taylor boxingbetting shop closuresirreverent advertising

    Sources

    Company Info

    Founded
    1988
    Founder
    John Murray, David O'Callaghan, Sean O'Connor
    Headquarters
    Dublin, Ireland
    Industry
    Gambling, Betting, iGaming
    Parent Company
    Flutter Entertainment plc
    Shop Closures Planned
    Up to 100
    Jobs at Risk
    Approximately 400

    Official Website

    www.paddypower.com/bet

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