Boylesports relocates remote operations to Gibraltar

Boylesports relocates remote operations to Gibraltar

Tuesday, December 16, 2014

Independent Irish bookmaker Boylesports is to relocate its remote operations from Dundalk in its native Ireland to Gibraltar.

The bookmaker, which this week celebrates its 25th year in business, currently has 197 retail stores in Ireland and is regarded as one of the country’s biggest betting operators.

Although having previously run its e-gaming and online services from the Isle of Man and the Channel Islands, Boylesports remained loyal to Ireland with its remote operations based in the Irish town of Dundalk. Earlier this year, Boylesports purchased the building in which it currently operates in Dundalk, with many seeing this as a full-time commitment to the town.

However, the bookmaker has now opted to move this arm of the business to Gibraltar, which has become something of a hub for online gaming companies following the relocation of various other operators in recent years.

Despite the move, founder John Boyle told the Irish Independent newspaper that the bookmaker “remains 100 per cent committed to Dundalk” and the relocation would only have little impact on its operations in Ireland.

Boyle said the move will result in a “very small number” of redundancies, while “one or two” staff will move to the new facility in Gibraltar and others redeployed elsewhere in the business.

“There will be a very small number of redundancies,” Boyle told the newspaper. “Boylesports is a growing company and overall numbers are larger in Dundalk and it is expected that there will be around 20 people employed in Gibraltar.

"Boylesports is 100 per cent committed to Dundalk. As a growing international company, we can make changes that have an effect on headquarters. We remain completely committed to Dundalk, I can't imagine it being otherwise.”

In a statement, a company spokesperson backed up Boyle’s comments about the little impact that the move will have on business.

The spokesperson said: “There is not going to be a large effect in Dundalk as a result of this move. There will be no effect on operations.

“Previously, Boylesports ran its e-gaming and online services from the Isle of Man and the Channel Islands and we are now consolidating these in Gibraltar.

“There will be a handful of staff heading there from London and a handful of people are affected in Dundalk. Some will move to Gibraltar and some will get other positions within the company in Dundalk.”

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