Company file

Betfair

79

UKGC +2

London, United Kingdom · 665k visits / day

Legal Betfair Limited / Flutter UK & Ireland · Flutter Entertainment plc

CEO Flutter UK & Ireland leadership

Founders Andrew Black, Edward Wray

Founded 2000 · listed

Parent Flutter Entertainment plc

Flutter Entertainment plc brand. The Betfair Exchange remains the group's peer-to-peer betting exchange; a fixed-odds sportsbook sits alongside it.

Launched in 2000 as the first major betting exchange, letting customers back and lay against each other with Betfair taking a commission. Floated, then merged with Paddy Power in 2016. Still the world's largest betting exchange. Flutter is folding PokerStars liquidity onto Betfair in the UK during 2026.

Licences UK Gambling Commission · Malta Gaming Authority · Australia / other local entities

Register Flutter Entertainment plc

Payments Visa, Mastercard, PayPal, bank

Currencies GBP, EUR, AUD

Languages English, Italian, Spanish, Portuguese

Sister brands Paddy Power, Sky Bet, FanDuel, PokerStars, Sportsbet

Products Sportsbook · Horse racing · Casino · Betting exchange

Odds formats Fractional · Decimal · US / American · Implied probability

Related companies Flutter Entertainment plc (Parent)

Public officers / staff

  • Flutter UK & Ireland leadership · CEO / leadership
  • Andrew Black · Founder
  • Edward Wray · Founder

Company communication

Email Flutter group IR

Trust matrix — categories, not the published weight

  • MetVerified ownersListed parent — beneficial ownership is a public filing.
  • MetNamed officers / staffFlutter UK & Ireland leadership (CEO / leadership) · Andrew Black (Founder) · Edward Wray (Founder)
  • MetAddress on a registerFlutter Entertainment plc
  • MissingPhone number on fileNo published corporate or support telephone.
  • MetEmail address on fileFlutter group IR
  • MetLongevityOperating since 2000 (26 years).
  • MetRelated businessesFlutter Entertainment plc (Parent)
  • MetLicence stringency3 jurisdictions. Strongest on file: UKGC. Extra countries add weight; they do not wash out a weak home licence.
  • Exchange product is structurally different from a house book — counterparty is other customers, not Flutter's trading book.

Sanctions / record

2025-12-17 UKGC — Paddy Power Betfair £2 million. Flutter’s UK PPB businesses, £2m. 17 Dec 2025. On both consumer brands we list.

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Official website betfair.com