Flutter Entertainment UK&I is rolling back the presence of its Paddy Power brand on the Irish high street, closing 21 betting shops at various locations across the country.
Following a review of the Paddy Power Irish retail estate, the FTSE100 gambling group has opted to allow some licences to expire whilst others have been terminated early.
Paddy Power, in the words of Chief Commercial Officer David Newton, had identified a number of ‘underforming shops’, although its full retail presence across the Republic of Ireland will remain extensive at 230 venues.
Newton explained: ““As with all businesses in the retail sector, we regularly review our estate to ensure we are operating efficiently and meeting the evolving needs of our customers.