Who owns Betfair?

Betfair is owned by Flutter Entertainment plc, the NYSE-listed group formed when Betfair merged with Paddy Power in 2016. The UK site runs under PPB Entertainment Limited, UK Gambling Commission account 39426. Betfair offers a betting exchange, a sportsbook, casino and poker. Our data lists 20 other Flutter brands.

Ultimate ownerFlutter Entertainment plc (listed (NYSE: FLUT))
Operating companyPPB Entertainment Limited, Ireland (unverified)
LicensesUKGC account 39426
ProductsSports betting, Casino, Poker
Websitebetfair.com
Also runs asbetfair.ro, betfair.es, betfair.it
Sister casinos21
Fines and actions20
Owner proofverified
Last checked14 Oct 2026

In numbers

  • PPB Entertainment Limited also runs 1 other gambling brand under the same company and licence.
  • Flutter Entertainment plc owns 22 brand families with 60 websites in our data.
  • 20 regulator fines against the owner since 2018, about €13 million in total (converted to euros).

Who is behind it

Flutter Entertainment is incorporated in Ireland, with its operational head office in New York. Our sources describe it as the largest online betting group by revenue.

Betfair is known for its betting exchange, where players bet against each other instead of against the bookmaker. The betfair.com domain appears on five Flutter UK licence accounts, including TSE Malta LP for the exchange.

License and what it means for you

The UK Gambling Commission is a strict regulator. Players in Great Britain get its rules on identity checks, safer-gambling tools and complaints. Betfair serves the UK, Ireland, Brazil and other markets. Your protection depends on the licence of the site you use in your country.

Sister sites

Flutter also owns Paddy Power, Sky Bet, Sky Vegas, PokerStars, tombola, Sisal, Snai, Sportsbet, Betnacional and FanDuel. Betfair and Paddy Power share one UK licence holder. Sister sites often share terms and support teams. A self-exclusion at one may not cover the others.

Fines and regulator actions

The UK Gambling Commission has acted against Flutter companies 4 times in our data. In 2018 Paddy Power Betfair paid £2.2 million over customer-care and anti-money-laundering failures, including stolen money gambled on the Betfair exchange. In 2022 Bonne Terre (Sky Betting & Gaming) paid £1.17 million for sending marketing emails to self-excluded and unsubscribed customers. In 2023 a Paddy Power company paid £490,000 for marketing to self-excluded or vulnerable people. In December 2025 the regulator reported a penalty of about £2 million for spotting signs of gambling harm too slowly. Other actions in our data include: January 2021, Austria's Courts (civil), €1.6 million (PokerStars); June 2019, Sweden's Spelinspektionen, SEK 10 million (TSG Interactive PLC); June 2019, Sweden's Spelinspektionen, SEK 5.5 million (Betfair International plc). The full list is in the table below.

Licences

RegulatorTypeValidCheck it
UKGC
account 39426
—activeregister

What these licences mean for you

About Flutter Entertainment plc

The world's largest online betting group by revenue, formed when Paddy Power merged with Betfair in 2016 and later absorbed The Stars Group (PokerStars, Sky Betting & Gaming). Recent deals added Italy's Snai (2025) and a majority of Brazil's NSX/Betnacional (2025). FanDuel is its main US brand.

Headquarters: Ireland (incorporated); operational HQ New York, USA · Founded: 2016 · Ownership: listed (NYSE: FLUT)

How we know, and what we could not confirm

How we know: Betting exchange and sportsbook; domain appears on five Flutter UK accounts incl. TSE Malta LP (exchange).

21 sister casinos

Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.

Regulator fines

DateCompanyRegulator / courtAmountReason
2026-09-30FanDuel (Betfair Interactive US LLC)USA New Jersey — DGEUSD 5,000DGE Director's ruling (summary for sep16-30 2026): civil penalty of $5,000 on FanDuel pursuant to an Action in Lieu of Complaint for failing to adhere to a Division directive source
2026-03-31FanDuel (Betfair Interactive US LLC)USA New Jersey — DGEUSD 25,000DGE Director's ruling (summary for mar16-31 2026): civil penalty of $25,000 against FanDuel pursuant to an Action in Lieu of Complaint for violation of responsible gaming rules source
2026-01-15TSG INTERACTIVE SPAIN SASpain — DGOJEUR 75,000Breached responsible-gambling and player-protection obligations. Nominal fine €125.000; reduced to €75.000 after the firm admitted liability and paid early. Case ES 2025/097; DGOJ lists it under 2026. source
2026-01-08FanDuel Canada ULCAGCO (Ontario)CAD 350,000Penalty for failing to identify and report suspicious betting on Czech table tennis matches with match-fixing signs (Oct-Nov 2024). source
2025-12-17Paddy Power / Betfair (PPB)UK Gambling CommissionGBP 2,000,000About £2m for failing to spot signs of gambling harm quickly enough (amount approximate as reported). source
2025-07-31FanDuel (Betfair Interactive US LLC)USA New Jersey — DGEUSD 2,000DGE Director's ruling (summary for jul16-31 2025): $2,000 civil penalty on FanDuel pursuant to a Notice of Violation for an unauthorized promotion source
2025-07-23Betfair Interactive US LLC d/b/a FanDuelUSA Pennsylvania — PGCBUSD 40,000Consent agreement: failed to license several employees. source
2025-07-10TOMBOLA INTERNATIONAL MALTA, PLCSpain — DGOJEUR 9,000Did not meet the technical requirements set by the gambling regulations. Nominal fine €15.000; reduced to €9.000 after the firm admitted liability and paid early. Case ES/2025/079; DGOJ lists it under 2026. source
2025-05-28TSG Interactive PLCSpelinspektionen (Sweden)SEK 7,000,000Warning and fine (PokerStars) for anti-money-laundering shortcomings. source
2025-03-25TSG Interactive Spain, S.A.Spain — DGOJEUR 100,000Used technical systems that were not approved, e.g. moving gambling data to a new data centre without approval. Nominal fine €125.000; reduced to €100.000 after the firm admitted liability and paid early. Case ES/2025/002; DGOJ lists it under 2025. source
2025-03-11TSG Interactive Spain, S.A.Spain — DGOJEUR 60,000Did not meet the technical requirements set by the gambling regulations. Nominal fine €100.000; reduced to €60.000 after the firm admitted liability and paid early. Case ES/2025/017; DGOJ lists it under 2025. source
2024-02-15FanDuel (Betfair Interactive US LLC)USA New Jersey — DGEUSD 2,000DGE Director's ruling (summary for feb1-15 2024): $2,000 civil penalty on FanDuel pursuant to a Notice of Violation for violation of rules regarding patron wagering source
2023-05-25PPB Counterparty Services (Paddy Power)UK Gambling CommissionGBP 490,000Sent marketing to self-excluded or vulnerable consumers. source
2023-04-24Betfair International plcSpelinspektionen (Sweden)SEK 4,000,000Warning and fine for offering bets on a Swedish U21 football league, which is not allowed. source
2022-03-09Bonne Terre Limited (Sky Betting & Gaming)UK Gambling CommissionGBP 1,170,000Marketing emails sent to self-excluded and unsubscribed customers. source
2022-02Sportsbet Pty LtdACMA (Australia)AUD 2,508,600Infringement notice for spam breaches: marketing emails and SMS sent without consent or without a working unsubscribe facility (Jan 2020 to Mar 2021). Also an enforceable undertaking and about A$1.2m in customer refunds. source
2021-01-01PokerStars (Flutter group)Austria — Courts (civil)EUR 1,600,000Civil court order to repay one player's online casino and poker losses, because the operator had no Austrian licence. A court judgment, not a regulator fine; date approximate. source
2019-06-26TSG Interactive PLCSpelinspektionen (Sweden)SEK 10,000,000Warning and fine for taking bets on matches with under-18 players. source
2019-06-26Betfair International plcSpelinspektionen (Sweden)SEK 5,500,000Warning and fine for taking bets on matches with under-18 players. source
2018-10Paddy Power BetfairUK Gambling CommissionGBP 2,200,000Customer-interaction and AML failures; stolen money gambled on Betfair exchange. source

Ratings elsewhere

Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.

Questions and answers

Who owns Betfair?

Flutter Entertainment plc, which is listed on the New York Stock Exchange.

Is Betfair licensed in the UK?

Yes. Its UK site runs under PPB Entertainment Limited, UK Gambling Commission account 39426.

Who owns the Betfair exchange?

Also Flutter. The exchange appears on the UK account of TSE Malta LP, a Flutter company.

Sources

Last checked 14 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.

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