Gulp.

Tom Lyons, on Businesspost.ie, reports:

Former billionaire Seán Quinn has returned to business by launching a new online sports betting venture called QuinnBet.

The new venture has just gone live and is targeting sports betting in Ireland and Britain. It also plans to launch an online casino later this year.

Seán Quinn Sr heads the business but a number of other family members are understood to be involved, including his son Seán Quinn Jr.

The business secured a gambling licence earlier this week. Like Quinn’s previous ventures in cement, manufacturing and insurance the new business appears to be aiming to win business by offering lower prices than rivals.

Fight!

Sean Quinn is back in business with betting venture (Businesspost.ie)