29 Paddy Power shops across Ireland to close over 'challenging' market conditions

Eva Osborne

29 Paddy Power branches across Ireland are set to close.

The betting branch's owner, Flutter, said the decision was due to "challenging market conditions".

In total, 57 Paddy Power shops will close. 29 of these are in Ireland, including one in Northern Ireland, and a further 28 across the UK.

Almost 250 staff are at risk of redundancy as a result of the change.

Flutter said impacted colleagues will be offered redeployment opportunities where possible, however, the company said the closures will "unfortunately lead to a number of job losses".

Flutter said it is consulting closely with colleagues and providing support to those affected by these changes.

A Flutter UKI spokesperson said: “In light of increasing cost pressures and challenging market conditions we can confirm that we will be closing 28 shops across Ireland within the next month.

"We are continually reviewing our high street estate, but it remains a key part of our offer to customers, and we are seeking to innovate and invest where we can as we adapt to different customer trends and needs.”