The Republic [of Ireland] will remain gambling giant Flutter’s headquarters as the group expands in the US and internationally, according to one of the group’s leading executives.
Conor Grant, outgoing chief executive of Flutter’s UK and Ireland division, who was responsible for Paddy Power among other businesses, says its Clonskeagh, Dublin headquarters continues to play a pivotal role for the group, which has operations on five continents.
He pointed out this week that the algorithms that power the risk management and trading systems used across its global businesses were built by specialised teams in the Irish headquarters.
Those algorithms sit behind the systems that staff in other jurisdictions, including the US and Australia, use when compiling odds for sports betting in those countries, said Mr Grant.