Paddy Power the Irish Bookmaker has released its interim financial performance showing strong momentum for the period of 1st January 2011 to 15th May 2011.

Key performance indicators include:

- Group revenue up 21% year to date

- 33% growth in online revenues and 7% growth in retail revenues.

UK and Irish online business:

- Paddy Power online sportsbook performed strongly with total amounts staked up by 46 percent.

- amounts staked via mobile showed a 298% growth with 34% of its active customers transacted via mobile.

- Sportsbook Gross Win up 60 percent

- Gaming/B2B Gross Win up 26 percent

Australian online business:

- Amounts staked up 7 percent

- Gross Win up 13 percent

Paddy Power Chairman, Nigel Northridge, commented: "The comparative period for the remainder of the year benefited from the football World Cup, as well as very favourable sports results. However, the strong underlying momentum in the Group should help to offset these factors, and consequently the Board looks forward to the balance of 2011 and beyond with confidence.