Addiction has become a ‘toxic’ issue for gambling industry, says Paddy Power

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Paddy Power, the face of the bookmaking giant of the same name, said it’s not as “fun” being in the gambling anymore because the issue of addiction has made the industry “pretty toxic”.

Paddy Power, the face of the bookmaking giant of the same name, has said that the issue of addiction has made the gambling industry “pretty toxic”.

The spokesman, whose father David Power co-founded the business in 1988, also said that increased advertising and online access of gambling firms had resulted in a higher number of addicts. Speaking on Jarlath Regan’s Irishman Abroad podcast, Power said:"It is not as much fun being in the industry ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

they make their money off addicts, they always have. the difference is now people don't ignore the misery they profit off. As much as I like the odd bet theres no denying the issues in the industry

It was a lot more fun when the lives his industry destroyed were in the shadows and nobody talked about them so he could enjoy himself without the buzzkill

Paddypower are toxic, their model business is to fleece the gullible while acting like your banter-riddled mate online

Paddy Power closing accounts that win a few euros isn't fun either

'When the fun stops. Stop'. If he is that bothered by the toxic industry he is part of, he should do the decent thing & close his toxic company down. He'll get kid gloves from the Irish media but the truth often hurts & the truth of the gambling racket REALLY, REALLY hurts.

Fancy that! Gambling has become toxic.

'It's not as much fun as ity used to be when people didn't focus on the misery side of it'

TheAthletic

Addiction, yes, and also animal cruelty in racing and coursing.

Business Business Latest News, Business Business Headlines