Feeds

Irish punters enjoy online betting

Tax-free flutter

  • alert
  • submit to reddit

Security for virtualized datacentres

Betting firm Victor Chandler has launched tax-free online betting services in Ireland and plans to create 50 jobs in the Republic over the next 18 months.

Along with creating the new .ie domain presence, the Gibraltar-headquartered firm also plans to offer Web-based gaming. The firm is also to make a "significant" bricks and mortar investment in Ireland.

While not revealing how much Victor Chandler would be investing in Ireland, Head of Irish Operations Ian Marmion said that the company would be pumping substantial amounts of cash into the country in the near future. "We plan to open between 10 and 20 shops over the next few years and employ up to 50 people within 18 months," he told ElectricNews.Net.

"With regard to future growth in Ireland, Victor Chandler has a long company history of being an investor in people and Ireland will be no exception," said Marmion. "We plan to roll out nationwide as we recognise huge growth potential."

Web-based games offered by the firm on the Irish website include an online casino, an online poker room, a simulated soccer betting game, a penalty shoot-out game and a wheel of fortune game.

Victor Chandler currently offers sports betting to online, telephone and retail customers in eight languages. The group is famed for moving its entire account operation from London to Gibraltar in 1999 and thereby introducing tax-free betting for international clients.

A key concept of the Victor Chandler betting lounge is to "provide the modern punter with a high level of customer service in a stylish upmarket environment", according to the firm. The company, which has run betting shops since the 1960s, recently acquired 28 retail outlets in the UK.

Irish bookmaker, Paddy Power, released figures earlier this year showing record increases in operating profit, turnover and earnings per share for 2003. While betting shops have traditionally been the core of the firm's turnover, turnover at the firms Internet division grew by a full 80 per cent during the year, highlighting the increase in popularity of on-line betting.

© ENN

Related stories

Chancellor to squeeze Betfair
Bank manager blows customer millions on online betting
Betfair.com scoops Queen's Award
Online gambling tops Internet card fraud league
Ebay creates 800 Irish jobs

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.