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Betfair is a British gambling company founded in 2000. It operates the world's largest online betting exchange. Its product offering also includes sports betting, online casino, online poker, and online bingo. Business operations are led from its headquarters in London, alongside satellite offices in Ceuta, Dublin, Leeds, and Malta.
Andrew Black (born 13 May 1963) is a British entrepreneur who, together with Edward Wray, a gambling entrepreneur, founded Betfair, the world's first and largest bet exchange. He is now a noted angel investor in technology businesses in the UK and further afield, and is a keen race horse owner and professional bridge player.
betfair .com .au. Betfair Australia is a gambling company founded in 2004. It operates the largest online betting exchange in Oceania. Its product offering also includes sports betting, online casino, online poker, and online bingo. Business operations are led from its headquarters in Melbourne.
History. The first betting exchanges were Matchbook, flutter.com and Betfair. Flutter and Betfair merged in 2001 with Betfair chosen as the primary betting exchange. [2] The flutter.com site ceased operations in January 2002. [3] Since then Betfair has maintained a leading position in the betting exchange market.
Betfair Pty Limited v Western Australia [1] determined that a series of amendments made by the Western Australian government to prohibit the operation of betting exchanges, [2] amounted to discriminatory burdens of a protectionist kind.
Paddy Power and British rival Betfair agreed terms for a merger in September 2015. The transaction was structured as an acquisition of Betfair by Paddy Power [18] and the enlarged entity, named Paddy Power Betfair, is based in Dublin. [19]
Flutter Entertainment plc, formerly Paddy Power Betfair plc, is an international sports betting and gambling company. It is listed on the New York Stock Exchange as well as having a secondary listing on the London Stock Exchange. [2]
David Yu (born 6 November 1967) is an American businessman and investor. He is the former CEO of Internet betting exchange Betfair and an active tech investor.
Breon Corcoran. Breon Thomas Corcoran (born July 1971) is an Irish businessman, the CEO of IG Group and a non-executive director of Tilney Investment Management Services and Bestinvest, both part of the Tilney Group. He was CEO of Paddy Power Betfair from February 2016 to January 2018 [1] and CEO of WorldRemit from October 2018 to August 2022.
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