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Flutter Entertainment Plc

Betfair is a betting exchange that enables punters to choose their own odds and bet against each other.
CLAIMED
FUNDRAISING
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Company was reported as not operating anymore on Apr 11, 2020
Betfair claims to be the "world's leading online betting exchange". Betfair enables punters to choose their own odds and bet against each other, even after an event has started. Betfair claims more than 5 million transactions a day and 300 bets a second. In addition to the exchange, Betfair has an established games portfolio. Betfair Games, Betfair Poker, Betfair Casino and Betfair's multiples and accumulator products, are hosted from Malta, which is an area that has seen significant growth and investment. The company is also developing automated price feeds to third parties, establishing white-label exchanges and through its own Betfair Mobile product. Launched in 2000, Betfair is a profitable and debt-free company with annual revenues exceeding £300 million. It is a privately-owned company. Betfair is proud that a large percentage of its employees own part of the company through its SAYE scheme. On May 28, 2019, Paddy Power Betfair has completed its rebrand as Flutter Entertainment. The operator’s shares now trade as Flutter Entertainment plc under the ticker symbol FLTR on both the London Stock Exchange and Euronext Dublin.
Industries
Gambling, Gaming, Hotel, Internet, Online Portals
Location
London, England, United Kingdom
Founded
2000
Employees
5001-10000
Stage
IPO
Social
Acquired By

Funding

🔥 Flutter Entertainment Plc is looking for new investment opportunities.
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Total funding
4
Investors
2
Number of rounds
Top investors
Index Ventures, Balderton Capital, SoftBank Capital, Simon Murdoch
Last Funding Type
Venture - Series Unknown

Team

Founders
Andrew Black, Ed Wray, Gerard Cunningham, Josh Hannah, Mark Davies
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