Paddy Power co-founder David Power dies at 77; his company grew into online betting giant Flutter
David Power, who has died at the age of 77, helped to lay the foundations for what would eventually become the biggest online gambling company in the world.
He could never have imagined back in 1988 when he, Stewart Kenny and John Corcoran merged their Irish betting chains to create the Paddy Power brand, initially with 40 outlets.
The success of the business would make them fortunes worth hundreds of millions of euro each.
His roots in the gambling business go back more than a century. His grandfather, Richard Power, was working in a drapery shop in Tramore, Co Waterford in 1896 as a boy.
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