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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.
Relatives. 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.
Betfair UK was founded in 2000 by Andrew Black and Edward Wray. In 2004 Betfair signed a joint venture agreement with Australia's Publishing and Broadcasting Limited to start the Australian exchange. Betfair was awarded a non-exclusive licence by the Tasmanian Gaming Commission in February 2006 to conduct Australia's first betting exchange.
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Betfair also operates an online betting exchange. The division operates over six hundred betting shops in the United Kingdom and Ireland. The Sky Betting and Gaming, Paddy Power and Betfair are regulated in the United Kingdom by the Gambling Commission. In Australia, they own Sportsbet. The Board is chaired by John A. Bryant.
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