• TechCrunch
• CrunchBase
• More
  • TechCrunch UK
  • TechCrunch France
  • TechCrunch Japan

Betfair

edit

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.

Milestones

edit

• 
  Betfair added Raj Vemulapalli as Vice President of Mobile Engineering. (1/1/11)
  Posted 1/6/12 at 4:45pm
• 
  Betfair added Annie Melnic as Social Media Manager. (5/2/07)
  Posted 7/4/11 at 6:27pm
• 
  Betfair added Anton Bell as Director Central Marketing. (7/1/04)
  Posted 3/3/11 at 7:22am
• 
  Betfair added Gerard Cunningham as Founder, President, US.
  Posted 1/10/11 at 11:21am
• 
  Betfair added Ravi Keswani as VP of Engineering and Products. (1/1/09)
  Posted 10/22/10 at 11:06am
• 
  Betfair added Josh Hannah as Co-founder, Board Member.
  Posted 8/12/10 at 6:03pm
• 
  Betfair invested in Kabam. (10/1/09)
  Posted 10/27/09 at 8:34am via venturebeat.com
• 
  Betfair received in Unattributed funding. (1/1/07)
  Posted 12/2/08 at 7:31am
• 
  Betfair acquired TV Games Network for $50M. (1/30/09)
  Posted 1/30/09 at 9:18am via venturebeat.com
• 
  Betfair — Betfair’s David Yu: The Patience of a Saint Running a $2B Company for Sinners (TCTV) (11/16/10)
  Posted 11/18/10 at 11:12pm via techcrunch.com

Videos

Screenshots

edit

Above: Betfair Screenshot -- #1
Uploaded: 5/20/09

Traffic Analytics

Quantcast

Compete

Sources

1. Betfair pays $50M for TV Games Network (venturebeat.com) [edit]
2. Watercooler raises $5.5M to expand social fantasy sports game business (venturebeat.com) [edit]
3. Citation Needed [add]
4. Betfair’s David Yu: The Patience of a Saint Running a $2B Company for Sinners (TCTV) (techcrunch.com) [edit]