Paddy Power Betfair plc was formed in from the merger of two of the fastest- growing online betting operators in the world; Paddy Power plc and Betfair. Paddy Power is an Irish bookmaker founded in in Dublin, Ireland. The company conducts business through a chain of licensed betting shops in Ireland and. The latest Tweets from Paddy Power (@ paddypower). Betting and sports news, served with a side of mischief. @AskPaddyPower for queries. Snapchat.