LONDON - Bookmaking firm Paddy Power is planning to continue with its UK expansion plans claiming that the economic downturn was 'providing opportunities' on the high street.
The UK retail division grew from 58 to 68 shops last year, and the group said it was on track for 150 shops by 2011.
Pre-tax profit for the group rose 7.2% to €81.7m, underpinned by strong growth in online while the company also claims that the decision by rival firms in Ireland to cut their number of outlets would benefit it in the future.
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