Taoiseach Enda Kenny will make the official announcement at Xanadu, an Irish start-up founded in 2011 with just eight employees.
The company is an international market leader in service provision for to the online sports trading market.
It provides data analytics, programming, back office and technical support as well as 24 hour monitoring for online clients.
The recruitment process is already underway and about 60 positions are expected to be filled in the coming months.
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