Paddy Power is to shut 57 betting shops across the UK and Ireland, putting almost 250 workers at risk. Parent firm Flutter, which also owns Betfair and Sky Bet, blamed the closures on “increasing cost pressures and challenging market conditions”.
It told staff on Wednesday that it will shut 29 UK shops, including one in Northern Ireland, and 28 in the Republic of Ireland. It will shut the sites within the next month following a review of its high street store estate.
The company said 247 workers will be at risk of redundancy as a result, including 128 in the UK.
Staff affected by the plans will “be offered redeployment opportunities where possible, however, the closures will unfortunately lead to a number of job losses”, the firm said.
