THE son of former billionaire Sean Quinn says he hopes the family will “generate employment again” in the Fermanagh/Cavan area after launching a new business last week. 
Quinn Bet, an online betting website, is the first new business in which Mr. Quinn has invested since he emerged from bankruptcy more than two years ago.
“Dad has financed the venture and he owns the business but, I together with other wider family members will be running it,” Sean Quinn jnr told The Impartial Reporter.
Described as Ireland’s newest online sports book, the website offers live odds on GAA, horse racing, boxing, soccer, cricket, rugby, tennis and American football.
Mr. Quinn hopes the venture will be “a sustainable business which will create employment.” 
In the coming weeks an online casino will be launched on the site.
The website was launched last Thursday evening and uses the family’s distinctive ‘Q’ logo, a familiar site across Ireland before Mr. Quinn lost his multi billion euro empire.
“The preference of course was to get back into the business through the businesses we are better associated with in the Cavan/Fermanagh area because we have the strong belief that those businesses have greater prospects in Irish ownership, but a resolution there is taking time,” he said. 
Quinn Bet employs six people full time with some part timers.
“Significant time and money has been expended on the project. Like any new venture, there is hard work in setting up and that work never ends. With any new start up there will always be some issues along the way but we are very confident we can further improve our product in the short to medium term.
“Generating employment is something we always prided ourselves on and hope to achieve again.  We are in the early stages yet with Quinn Bet and the level we grow at will obviously depend on customer support,” he said. 
Belbridge Consultancy, which owns Quinn Bet, is registered in Belturbet, Co. Cavan, and is currently based in Blanchardstown, Dublin. But there are plans to base the company’s headquarters in Cavan.
“Most of the large Irish bookmakers are based in Gibraltar or Malta but it is intended that our headquarters will be in the local area. It is difficult to know how much employment this business can create but we certainly have ambitious plans,” he said.
Asked about how his company intends to implement safeguards when it comes to gambling, Mr. Quinn said: “Quinn Bet believes gambling should always be entertaining and is completely committed to doing all that we can to encourage our customers to gamble responsibly. 
“To help achieve this Quinn Bet have extensive safeguards built into our website which allows our customers to stay in control of their gambling.”
Asked about his family’s ongoing legal case with the former Anglo Irish Bank, Mr. Quinn said: “Unfortunately, our litigation with Anglo has been ongoing over six years and there is no end in sight. Having to wait so long is far from satisfactory but unfortunately there is nothing we can do.”