BOOKMAKER Paddy Power is set to take over a premises in Limerick from its biggest rival, Ladbrokes.
The bookmaker is to move in at 6 Quinlan Street at the unit next door to South’s bar.
The company has taken out legal notices and notified the superintendent at Henry Street garda station in accordance with betting legislation.
It is expected to be ready to open in the next fortnight.
Ladbrokes closed earlier this year as part of a series of cutbacks at the firm, and advised its customers to head to the branch in Parnell Street.
But the lure of being next to the popular South’s bar seems to have been too good to resist for Paddy Power.
South’s landlord Dave Hickey said of the development: “We would very much welcome it. We hate to see any place closed down no matter what business it is – it is not good for the area.”
He believes Paddy Power will bring “a freshness” to the whole area.
“They have great ideas, and they have different offers each day,” Mr Hickey added.
The international bookmaker currently has two outlets in Limerick city - one in William Street, and another in Davis Street.
Local Labour councillor Joe Leddin welcomed the news. “I am glad as it is not going to be an empty unit, and you are obviously going to create jobs. It is another business paying rates, and this is all beneficial as opposed to another empty unit on the periphery of the city centre,” he said.
A Paddy Power spokesperson was not available for comment as the Chronicle went to press.