New Games For Paddy Power - Dragon Dice
Published: Friday, April 08, 2005 Online-Casinos.com
NEW GAMES FOR PADDY POWER
Dice additions to sportsbook
offering
The Irish betting group Paddy Power has made another interesting
interactive gaming move, building on its recent introduction of online casino
and online poker room businesses.
Working with Electracade Limited, a
technology company specialising in the development of online, mobile, fixed odds
and iTV gaming platforms, the Irish company has launched two new products.
The new games, Dragon Dice and General Mayhem are available within the
‘games’ tab of the Paddy Power sportsbook. The highly themed games offer state
of the art graphics and audio content. Dragon Dice rolls ten dice, offering the
player four different bet options split into either Keno or prediction style
bets whilst General Mayhem lets the player predict the outcome of five
one-on-one dice battles.
Electracade claims to have made a significant
investment in building an extensive portfolio of interactive gaming products
including slot machines, Hi Lo games, Keno products and numerous original gaming
concepts. The deal with Paddy Power represents Electracade’s first product
release, says Director Mark Paling.
PaddyPower already have an existing
relationship with backend provider Orbis, using their OpenBet system. Their
recent decision to utilise Orbis’ Fixed Odds Games Framework (FOGF) enables the
bookmaker to further capitalise on this growth market area and offer their
players a wider and enriched gaming experience.
IN THE MONEY
But still stepping down "for personal reasons"
And as a follow on to the Paddy Power story, the Irish publication The Examiner
reports that the outgoing chief executive of Paddy Power plc, John O'Reilly, received
a pay rise of almost 90 percent last year, bringing his 2004 pay package to Euro
883,000, up from Euro 466,000
The company's annual report for 2004 shows
that, for the first time, Paddy Power paid out over Euro 1 billion in winning
bets from Euro 1.165 billion wagered with the company.
Paddy Power chairman
Fintan Drury announced that the board has begun the process of recruiting a new
chief executive to replace 54-year-old Mr O'Reilly. A fellow of the Institute
of Chartered Accountants in Ireland, Mr O'Reilly is stepping down for "entirely
personal reasons."
Drury said O'Reilly was on a one-year rolling
contract and will remain as chief executive until at least the end of 2005...
