Corcoran speaks on his imminent exit from Paddy Power Betfair

Paddy Power Betfair CEO Breon Corcoran, whose intention to depart the company was announced yesterday (see previous report) has discussed his future with reporters from Irish media, revealing that after 16 years in online gambling it is time to move on, perhaps to unrelated fields.

Corcoran said that he has yet to decide on what comes next, but that it may involve the consideration of “different sectors and even different geographies” before taking on any new role.

Corcoran remains confident in the future of Paddy Power Betfair under its CEO Designate, 41-year-old Peter Jackson.

“I am really confident in the prospects for our group,” Corcoran said. “They now have a really bright, high-energy guy with experience of regulated international markets to take over. This is a good time to hand over the reins.”

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