Betfair was founded in 1999 and pioneered the first successful Betting Exchange. The company is one of the largest online betting and gaming operators in the UK market and has a global reach, with customers in more than 100 countries.
The Betting Exchange, which enables customers to come together to bet with each other, put Betfair on the map and transformed the Company from a start up to a member of the FTSE 250 in just 10 years. The Exchange remains the Company’s unique differentiator in a competitive marketplace.