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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.
Betfair Australia. 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.
Cyril Black. 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.
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Flutter Entertainment plc, formerly Paddy Power Betfair plc, is an international sports betting and gambling company. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index, as well as having a secondary listing on the New York Stock Exchange.
The first betting exchanges were Matchbook, flutter.com and Betfair. Flutter and Betfair merged in 2001 with Betfair chosen as the primary betting exchange. The flutter.com site ceased operations in January 2002. Since then Betfair has maintained a leading position in the betting exchange market.
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Sporting Options was an English betting exchange, based in Sussex. The company was founded in 2000 by former City of London options traders Robert Byrne and Kevin Griffiths. Sporting Options went into administration on 15 November 2004 amid allegations of criminal wrongdoing. Industry leader Betfair stepped in with a rescue package.