STAFF TO DOUBLE AT IRISH ONLINE GAMBLING TECHNOLOGY FIRM

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STAFF TO DOUBLE AT IRISH ONLINE GAMBLING TECHNOLOGY FIRM

Xanadu in a serious growth phase.

The Irish online gambling software developer Xanadu, set up by three Irish entrepreneurs with 8 employees in 2011, is to more than double its staff from 106 to 220 in 2015, the company announced in a statement Friday.

Based in Cork, the company already employs 106 people full-time & between 15 to 20 on a contract basis. It now plans to grow total employee numbers to 220, working from offices in Blackpool & Cork.

A company spokesman said Friday that Xanadu is now an international market leader in the area of technology & service provision to the online sports betting market, providing data analytics, programming, back office & technical support as well as 24-7 monitoring for online clients.

Mark Brosnan, CEO of the company, said that to meet the growing demand for its services, Xanadu has to scale up its team significantly.

�EURњOur continued expansion is a reflection of our absolute focus, international customer wins, invaluable client feedback & increasing market demand,�EURќ he said.

Brosnan set up the company with co-founders Cian Nugent & Esme O�EUR™Flynn after they were asked by Matchbook.com to find experts who could develop software for the sports gambling sector, an area in which they already had experience.

When they found it difficult to locate people with the required skills, they made a pitch to Matchbox that they build the software themselves.

Since then they have built relationships with other operators in the sector & have also developed products for the wider online gambling industry.