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how old is paddy power the bookmaker ?

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glenis | 01:03 Fri 03rd Jun 2005 | People & Places
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he was on with dermot o'leary on bblb and he looked younger that dermot ,was this the son of the the real paddy power as this fellow seemed way too young to be at the helm of such an empire
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"Paddy Power" was formed after the merger of three Irish Bookmakers so I doubt there is a real Paddy Power (I may be wrong but.)

From paddypowerplc.com:

Paddy Power was founded on the merger, which took place in 1988, of three existing Irish high street bookmakers, Kenny O'Reilly Bookmakers (in which Stewart Kenny, Chairman, Paddy Power plc was a partner), P. Corcoran Bookmakers, owned by John Corcoran, a non-executive director of Paddy Power plc and a significant proportion of the betting shops trading as Richard Power, owned by David Power, non-executive director, Paddy Power plc. Since this time, Paddy Power has grown primarily through organic growth to be the largest bookmaker today through 130 outlets in the Republic of Ireland. A further two outlets have been gained in the UK.

In 1988, Paddy Power had just 8% of the Irish off course betting market. This grew to approximately 33% in 2001.

This link gives details of the directors and their DOB's:

http://www.paddypowerplc.com/directors.html

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