Paddy Partners joins GPWA as a new Platinum sponsor! Give them a warm welcome!!

[thebookiesoffers]

Not a good week for Paddy Partners / Paddy Power

- downward guidance in expected earnings

- payments later than normal (not made for this month yet, though their terms allow for *cough* up to 60 days past month's end).

- dropping paid sponsorship here

not sticking up for them at all and sure Luke will probably chime in if im wrong, but Im guessing it is pretty hard for PP to get a return of investment for sponsoring here as they are well known already.

not checked my bank yet but my payments usually come near the end of the month with them as well so would be nothing out the ordinary if it wasn't showing yet.

only quickly scanning the attached article as well that looks more bets won but they took more bets in total. Basically looks like the company is still growing and with that dip in the share price if they pay a dividend im going to look at investing in some shares

LUKE - Do Paddy Power shares pay a dividend at the minute ?

[justbookies]

Also pretty hard for it to pay at GPWA as they attract so much negative comment, despite Luke doing a good job playing in defence (but his side let in too many own goals).

[LukeC]

We decided not to renew our GPWA sponsorship a few months ago and as it was for 12 months, it expired at the end of last month. The sponsorship back from 2008 had previously lapsed (not sure when, but it wasn't an ongoing agreement since then).

Thanks for the kind words - I will still glance over the forums and address anything Paddy Power related, and post from time to time if there's something worthwhile to contribute, but given that other programmes are paying to communicate with affiliates, don't think it's particularly fair to them to post too regularly.

We have recently hired a new member of the affiliate team who is constantly monitoring the affiliates@paddypartners.com email address and responds to any basic queries very quickly, and deals with finance, so there should be no return to the days of old.

This month's payments started going out today so should be received shortly.

Fiorente has an expensive nose - and there won't be a bookmaker around who hasn't suffered heavily from the Champions League results (as I'm sure many affiliates on rev share have done too in those months). I have read analysts comment both on the freak results, and heightened competition, which affects all operators. Our underlying performance is still very positive.

[LukeC]

not sticking up for them at all and sure Luke will probably chime in if im wrong, but Im guessing it is pretty hard for PP to get a return of investment for sponsoring here as they are well known already.

not checked my bank yet but my payments usually come near the end of the month with them as well so would be nothing out the ordinary if it wasn't showing yet.

only quickly scanning the attached article as well that looks more bets won but they took more bets in total. Basically looks like the company is still growing and with that dip in the share price if they pay a dividend im going to look at investing in some shares

LUKE - Do Paddy Power shares pay a dividend at the minute ?

There's info on dividends at http://www.paddypowerplc.com/cms/investor_fact_sheet and I'd assume The Telegraph is accurate as well looking further back.

[thebookiesoffers]

but given that other programmes are paying to communicate with affiliates, don't think it's particularly fair to them to post too regularly.

sod them mate, that's their look out, you have as much right to post on here as anyone and the contributions to the board have certainly been to its benefit. It ain't like you just go around promoting your affiliate program. keep it up

[-Shay-]

Yea, there's nothing in that article that causes me to panic by any means as they are a profitable company on the whole.

With that being said, they are surely looking for some ways to make their business a bit more "efficient". One of those ways is perhaps cutting sponsorship in places like here. Personally, I'd propose doing such things is a bad in terms of perception and in terms of indirect customer service but that is just my opinion.

Also noteworthy, while their payment is not technically "late", it is later than what is their "normal". They do have contained within their terms and conditions sixty days from the end of the month to issue payments and be considered "on time" - which is definitely not affiliate friendly.

They have not taken the entire sixty days to pay up since we've worked with them. But then again, there are a few other terms written in their official terms and conditions that are not affiliate friendly, which also have not been "enacted" but would be well within their rights to do.