Our Share Price

What we do

Betfair revolutionised the sports betting industry in 2000 by pioneering the Betting Exchange. Today we provide a full range of sports betting and gaming products and have grown to become one of the largest online gaming operators in the UK market.

Progress

Getting fitter

Download our Annual Report 2014

This has been an important year for Betfair, with the Company showing great momentum and entering a phase of exciting innovation in both its product and brand.

Read more about our new strategy

Our Products

Product Focus: Sportsbook

The introduction of our Sportsbook gives us the chance to accelerate our growth. Whilst our Betting Exchange caters for a more ‘sophisticated’ bettor – the Sportsbook taps into the growing recreational betting market. And it helps us close the product gaps in our offering – something that has led our customers to use our competitors’ sites.

Read more

Facts and Figures

Betfair

  • Main operations in the UK and Ireland, Australia and America
  • 1.1 million active customers
  • Headquartered in Hammersmith, UK
  • 1800 employees across 15 offices worldwide
  • Key financial supporter of British Horse Racing with a guaranteed £40 million over five years
  • Pioneering sports integrity team working directly with over 50 Sports Governing Bodies

Exchange

  • Processed more than 1.2 billion bets in FY13, with customers matching over £56 billion
  • £61m Highest Volume for Ashes Test Trent Bridge July 2013 - England v Australia
  • Three most popular sports are Football, Horseracing and Tennis
  • Features renowned tipping blog – 270,000 views for Ryan Moore’s blog in 2013

Financial

  • Recorded £393.6 million revenue and £91.1 million EBITDA in FY14
  • 78% of revenues now from sustainable markets
  • Business is highly cash generative and carries no debt

Innovation

  • Exchange created the concept of in-play betting as early as 2001
  • First operator to launch iPhone App (2009)
  • Invented the Cash Out concept (2011)
  • Recently used technology to launch Cash Out on a Fixed Odds sportsbook
  • Launched “Price Rush” – a product that boosts the odds of Sportsbook bets by seamlessly linking them to the Exchange – (Feb 2014)