Paddy Power owner Flutter Entertainment saw revenues jump in the third quarter on the back of improving sales in the US and Australia.
Some of Britain’s top betting companies have committed £10 million to a programme to teach children about the perils of gambling.
Paddy Power and Betfair owner Flutter Entertainment has agreed a merger deal with Canadian rival The Stars Group to create the world’s largest online betting firm with combined annual revenues of £3.8 billion.
Paddy Power Betfair has lifted sales and profits, but warned investors that its full-year earnings would be knocked by extra taxes in Australia and losses from its fantasy sports business.
One of the world's biggest gambling businesses is set to be created after Paddy Power and Betfair agreed a possible merger.