Paddy Power’s CEO Patrick Kennedy has confirmed his company will soon receive a hearing to decide whether it is suitable to supply and operate mobile phone betting equipment in Nevada.
Kennedy spoke to media and investors today as Paddy Power released an interim management statement announcing strong growth. Various media sources had earlier suggested Paddy Power could receive a hearing on its license application as soon as this month, but Kennedy has clarified there will be no hearing until early next year.
Paddy Power is an Irish company that originated as a traditional betting shop operator but in recent years has evolved into an operator and supplier of a broad spectrum of online gambling technology. The company’s license application in Nevada, however, is strictly for the operation and supply of its mobile phone betting technology.
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