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Paddy Power 'to grow'

BOOKMAKER Paddy Power is betting on its British online business to push its expansion.

Chief executive Patrick Kennedy said that Paddy Power's investment in mobile technology is putting it "ahead of the pack" in taking smartphone and tablet gamblers. "I'd back us to grow at 15pc to 20pc a year, and continue to take share of a growing market" in sales terms during the next three years," he said.