Flutter’s Paddy Power is to close 21 of its betting shops around the country after a review of its operations.

The company, which is owned by Flutter Entertainment, said the 78 workers employed in the shops will be offered redeployment opportunities across its remaining shops and in close proximity to their existing jobs.

But it added that the closures will unfortunately lead to “a small number” of job losses.

“We are consulting closely with colleagues and providing support to those affected by these changes,” Paddy Power said.

The shops to close are in Dominick Street in Galway, Skibbereen, Terenure, Greenhills, Stoneybatter, Goatstown, Dalkey, Old Bawn, Westgate Road in Clonmel, Cloghran, Michael Street in Waterford, Kilkenny, Rathdrum, Templemore, Kells, New Ross, Athy, Parkgate Street, Blackrock, Ennis and Dillon’s Cross in Cork.

After the closures the company will still operate a total of 230 shops around the country.

Paddy Power said that despite the ongoing challenges facing the retail sector and betting and gaming industry, it continues to invest in its high street estate and have seen market share gains in both Ireland and the UK during the first half of the year.

David Newton, Chief Commercial Officer of Paddy Power, said that as with all businesses in the retail sector, the company regularly reviews its estate to ensure it is operating efficiently and meeting the evolving needs of its customers.

“A well invested retail estate remains a key component of our omnichannel strategy,” he said.

He said that while the majority of its shops continue to perform well and are growing market share, the company has decided to close a number of “underperforming” shops.