Job losses due to online casino merger

After the possible good news of the merger between Paddy Power and Betfair the Irish casino news now has reports of substantial job losses in the UK and Ireland in the areas of Head Office and back office. According to the Irish casino news the job losses will be at both companies and they form the bulk of the annual cost savings which should come from the deal. The online casino back offices in London will be consolidated in the current Betfair offices whilst in Dublin they will be brought together in the Paddy Power offices. Online casinos are often registered in overseas territories although that does not necessarily mean that the staff numbers in those countries are huge. How this will all affect the online casino of Paddy Power remains to be seen as Betfair does not have a large presence in that field. Lotteries are also in the casino news this week as a UK punter picks up the Euro Millions top prize of over £50 million. Lotteries can of course be played at online casinos as well as by buying a ticket but these are what is called fixed odds whereby you are offered odds of matching numbers in the actual lottery draw. Which is better will depend upon how large the current jackpot is and how many winners there are in that particular draw. In the Irish casino news the other day were reports that matching 5 numbers in the UK lottery paid less than matching 4 numbers so they would almost certainly have been better off playing fixed odds at their chosen online casino. Nearly all online casinos offer lotteries from around the world so you can play in those places where it is not possible to buy a ticket but it must be said that you will never catch a prize of €50 million without gambling huge amounts.