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They are licensed and regulated by the Malta Gaming Authority under respective Licence Numbers MGA/CL2/294/2006, MGA/CL1/185/2004 and MGA/CL3/207/2005. Paddy Power was founded in 1988 when three Irish bookmakers: Stewart Kenny, David Power, and John Corcoran joined forces. The big bonus here is that you can follow the game and make bets as the game progresses. If you do that then the remaining amount is replaced at the current odds. Once that's done then you are a member of the site and the luck of the Irish to you. Next you can make your first deposit and qualify for the welcome offer.