Betfair is a company operating as an online gambling operator providing a range of sports betting and gaming products. The company runs three distinct products: Exchange, which connects customers to bet against each other; Sportsbook, a traditional fixed odds bookmaker; and Gaming products, including live poker dealers, bingo, a casino, and slot machines. The company merged with Paddy Power to form Flutter Entertainment.

TypeSubsidiary
Parent CompanyFlutter Entertainment
HQLondon, GB
Founded1999
Websitebetfair.com
Cybersecurity ratingCMore
Betfair was founded in 1999 and is headquartered in London, GB

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Betfair Office Locations

Betfair has offices in London, Halifax, Milan and Porto
London, GB (HQ)
Waterfront Hammersmith Embankment Chancellors Road (access on Winslow Road)
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Betfair Financials and Metrics

Summary Metrics

Founding Date

1999
Betfair is a subsidiary of Flutter Entertainment

Betfair Revenue

Betfair's revenue was reported to be £563.9 m in FY, 2016 which is a 18.3% increase from the previous period.
GBPFY, 2015FY, 2016FY, 2017

Revenue

476.5m563.9m

Revenue growth, %

21%18%

Cost of goods sold

90.6m

Gross profit

385.9m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

179.6m111.0m133.4m150.9m155.0m135.4m168.1m209.8m105.1m125.0k26.0k26.0k

Accounts Receivable

2.2m1.9m2.2m1.9m2.2m2.2m3.6m69.8m

Inventories

Current Assets

190.9m122.4m151.5m173.2m176.3m165.0m186.8m232.8m128.4m69.9m71.7m71.7m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

19.4m32.6m38.8m15.1m23.0m46.6m(45.2m)51.0m86.4m1.6m920.0k

Cash From Operating Activities

38.5m66.8m66.0m53.0m57.7m96.4m83.1m79.5m139.1m128.1m

Dividends Paid

9.6m15.6m24.1m59.7m

Cash From Financing Activities

20.2m(110.8m)(35.4m)1.9m4.3m(57.6m)(7.0m)(14.3m)(220.0m)(59.0m)
GBPFY, 2007

Financial Leverage

1.3 x
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Betfair Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Betfair Online and Social Media Presence

Embed Graph

Betfair Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    A

    75/100

  • Compensation

    C+

    67/100

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Betfair News and Updates

Global Gambling Market Report 2021-2030 Featuring William Hill, MGM Resorts, Las Vegas Sands, Paddy Power & Betfair Entertainment

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Gambling Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. Gambling Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and seni…

Winning hand for mobile gaming firm with Paddy Power Betfair content launch

A London-based mobile games developer has secured the launch of its content with a multinational betting brand. Gaming Realms has announced the launch of its Slingos Originals content with betting and gaming operator Paddy Power Betfair, a division within Flutter Entertainment. Gaming Realms’ Slingo…

Betfair expert: Biden looks good value with weeks to go

Joe Biden is trading around his lowest odds yet to win the 2020 US election following a sustained gamble. Going The post Betfair: Why the 2020 election is most like Obama's win in 2008 appeared first on CityAM.

: Largest bet of 2020 election campaign placed — on a Trump victory, Betfair reports

The largest election bet this campaign was placed on President Donald Trump to win another four year term, according to U.K. exchange Betfair.

Trump gets greatest betting-odds convention boost since at least 2004: Betfair

Trump gets greatest betting-odds convention boost since at least 2004: Betfair

Trump gets biggest convention boost in Betfair market history, as Biden lead in betting markets narrows

Betting odds have shifted dramatically toward President Donald Trump, though former Vice President Joe Biden remains narrowly ahead. The U.K. site Betfair reported the greatest convention period improvement of any candidate since election trading began on the Betfair Exchange in 2004, as Biden's odd…
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Betfair Frequently Asked Questions

  • When was Betfair founded?

    Betfair was founded in 1999.

  • How many employees does Betfair have?

    Betfair has 685 employees.

  • Who are Betfair competitors?

    Competitors of Betfair include ESPORTS Technologies, Alt and OmniView Sports.

  • Where is Betfair headquarters?

    Betfair headquarters is located at Waterfront Hammersmith Embankment Chancellors Road (access on Winslow Road), London.

  • Where are Betfair offices?

    Betfair has offices in London, Halifax, Milan and Porto.

  • How many offices does Betfair have?

    Betfair has 4 offices.