logo
Boyle Sports invests over €100m in UK relaunch

Boyle Sports invests over €100m in UK relaunch

RTÉ News​a day ago
Boyle Sports has announced a major investment of over £100 million to relaunch in the UK market over the next three years.
The sports betting and gaming company, which is Ireland's largest independent bookmaker brand, plans to open more than 200 new stores and create over 1,000 jobs across the UK as part of the deal.
It said it will also continue to invest in its Irish operations.
The family-owned Irish business has also agreed a multi-year partnership with West Ham United.
Boyle Sports will be the Premier League football club's front-of-shirt sponsor for the 2025/26 season, as it aims to expand its footprint in the UK.
As part of a rebrand, the company said it will also invest in significant upgrades in its technology to "bolster its digital offering" and to improve the experience for its customer base in Ireland and UK.
The CEO of Boyle Sports said the relaunch marks "a major milestone" for the business, which was established in 1982.
Vlad Kaltenieks said the UK is "one of the most exciting, well-regulated and competitive betting landscapes in the world, and we believe we offer something genuinely different to customers."
"We've listened to what our customers have told us they want, and with £100+ million committed to team, innovation, retail expansion and product development, we're investing in the future of betting and staking our claim as a major player in the UK market," he added.
Boyle Sports currently operates 390 shops across Ireland and the UK and employs over 2,700 people in Ireland, the UK and Gibraltar.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Microsoft to lay off Irish staff as part of 9,000 job cuts worldwide
Microsoft to lay off Irish staff as part of 9,000 job cuts worldwide

Irish Independent

time23 minutes ago

  • Irish Independent

Microsoft to lay off Irish staff as part of 9,000 job cuts worldwide

The company's intention to cut Irish jobs was confirmed by the government today. 'The Department received a collective redundancy notification from Microsoft on 2 July,' said a spokesperson for the Department of Enterprise, Trade and Employment. 'Any further queries should be directed to the company.' However, a spokesperson for Microsoft declined to give any information on prospective job cuts here. "We continue to implement organisational changes necessary to best position the company for success in a dynamic marketplace,' she said, when asked about layoffs in Ireland. Microsoft employs around 4,000 people in Ireland, with a further 2,000 people employed at its subsidiary, Linkedin, which has a base in Dublin. The cuts are to be implemented across several divisions and geographical offices, according to the Seattle Times, reporting from Microsoft's global headquarters. The tech giant has said that the layoffs are part of a restructuring effort. Microsoft CEO Satya Nadella recently disclosed that up to a third of programming at the tech company is now done by AI, with a higher percentage likely. ADVERTISEMENT However, the current cuts are thought to be aimed across several job categories, including sales and middle-management. The news comes just days after Intel said that it plans to cut up to 195 jobs from its 4,900-staff Kildare plant. The proposed cuts, details of which have been notified to the government as required under Irish law, would represent 4pc of the facility's workforce, a figure far short of the 20pc floated in a report by Bloomberg earlier this year. No information of staff positions or titles potentially affected have yet been disclosed. Details of financial compensation packages have also not been disclosed. However, the cuts are not expected to take effect before September, following an industrial relations process. The company has previously said that cuts would involve "streamlining the organisation, eliminating management layers', with no further detail on the sectors to be targeted, other than that it intended to shrink expenses in 'R&D, marketing, general and administrative' divisions.

ICT Services predicting €30m annual revenues after acquiring PCS Group
ICT Services predicting €30m annual revenues after acquiring PCS Group

Irish Examiner

time26 minutes ago

  • Irish Examiner

ICT Services predicting €30m annual revenues after acquiring PCS Group

Irish IT services and technical support firm ICT Services is predicting annual revenues of over €30m after acquiring retail technology firm PCS Group. ICT Services employs over 150 people across its offices in Dublin, Cork, and Belfast, working with organisations in the public and private sector in Ireland including Elavon, RenaissanceRe, Woodie's, Ladbrokes, KPMG, and the Department of Justice. The company is now forecasting 25% year-on-year revenue increase following the purchase of PCS Group. 'The addition of PCS strengthens our position as Ireland's go-to partner for retail innovation, reinforcing our commitment to helping businesses operate more efficiently, sustainably, and successfully in an increasingly digital world,' said ICT Services managing director Don Scanlon. 'We're excited about what this means for our people, our clients, and the future of in-store retail technology in Ireland.' PCS Group was founded in Dublin in 2013 as Premium Cash Solutions by Alan Condron and Aidan Comerford. The fintech's technology is used by retail and hospitality brands including Circle K, Centra, Spar, and Adare Manor, from intelligent cash automation to electronic shelf labelling. 'This is a natural next step for PCS. ICT gives us the scale, strength, and nationwide footprint to accelerate what we do best - helping retailers work smarter," said Mr Condron.

Microsoft to cut 4% of global workforce in latest round of layoffs
Microsoft to cut 4% of global workforce in latest round of layoffs

Irish Examiner

timean hour ago

  • Irish Examiner

Microsoft to cut 4% of global workforce in latest round of layoffs

Microsoft has said it will lay off 9,000 people as part of the company's latest round of job cuts as the tech giant looks to rein in costs amid hefty investments in AI infrastructure. The company employs around 228,000 people worldwide as of June 2024, with the latest round affecting almost 4% of its global headcount. Microsoft has a significant presence in Ireland, employing more than 3,500 people, with its subsidiary LinkedIn employing a further 2,000 workers. The company is required under Irish law to notify the Department of Enterprise of any significant job losses impacting its Irish operations. A spokesperson for Microsoft told the Irish Examiner: 'We continue to implement organisational changes necessary to best position the company for success in a dynamic marketplace." It is understood that the cuts will affect all geographies, and if applied uniformly, could result in around 200 Irish jobs being impacted. The Windows maker had pledged $80bn in capital spending for its 2025 fiscal year. However, the soaring cost of scaling its AI infrastructure has weighed on margins, with its June quarter cloud margin expected to shrink from last year. Microsoft said on Wednesday that it planned to reduce organisational layers with fewer managers, as well as streamline its products, procedures and roles. The Seattle Times first reported on the layoffs earlier on Wednesday. Separately, Bloomberg News reported Microsoft's Barcelona-based King division, which makes the Candy Crush video game, is cutting 10% of its staff, or about 200 jobs. In 2023, Microsoft cut some 250 Irish jobs across a series of layoffs as the company tried to offset a slump in demand which previously skyrocketed during the covid pandemic. Big Tech peers, which are investing heavily in artificial intelligence, have also announced job cuts. Facebook parent Meta earlier this year said it would trim about 5% of its "lowest performers", while Alphabet's Google has also laid off hundreds of employees in the past year. Amazon has also cut jobs across its business segments, most recently in its books division. The company had earlier laid off employees in its devices and services unit and communications staff. Economic uncertainties and rising costs have triggered layoffs across sectors in Corporate America, as companies rush to streamline operations and hedge against further cost pressures. The Department of Enterprise has been contacted for comment. Additional reporting from Reuters.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store