Who owns Betfair?

As of : 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. Flutter runs 22 other brands in our data.

Ultimate ownerFlutter Entertainment plc (listed (NYSE: FLUT))
Operating companyPPB Entertainment Limited · seat: Ireland, not confirmed on the register
LicencesUKGC account 39426
ProductsSports betting, Casino, Poker
Websitebetfair.com
Also runs asbetfair.ro, betfair.es, betfair.it, betfair.dk
Companies of the other sitesBetfair International Plc (betfair.ro, betfair.dk) · Denmark — Spillemyndigheden · Romania — ONJN Decizia nr.611 din 31.08.2026 · Ireland — GRAI (GRAI-1074-RBI-26-0001)
Betfair International Spain SA (betfair.es) · Spain — DGOJ
Betfair Italia S.r.l. (betfair.it) · Italy — ADM 16028
Sister casinos22
Fines and actionsBetfair’s own company: 4 · whole Flutter Entertainment plc group: 21
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 23 casino and betting brands (64 websites) in our data.
  • 21 fines and regulator actions against the owner since 2018, about €12 million in total (converted to euros).

Who is behind it

Our sources describe Flutter Entertainment as the largest online betting group by revenue. Betfair is one of its two founding brands, so it has been part of the group since the 2016 merger.

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.

Licence and what it means for you

PPB Entertainment Limited holds UK Gambling Commission account 39426 for betfair.com. Players in Great Britain get UK rules on identity checks, safer-gambling tools and complaints. Betfair also runs national sites: betfair.es in Spain, betfair.it in Italy, betfair.ro in Romania and betfair.dk in Denmark. Each one answers to its own national regulator, so your protection depends on the site you use. PPB Entertainment Limited is probably based in Ireland, but we have not confirmed it.

Licence records

RegulatorTypeValidCheck it
UKGC
account 39426
—activeregister

What each licence means, and self-exclusion

Sister sites

Paddy Power is the closest sibling, because it shares PPB Entertainment Limited as UK licence holder. For poker, Flutter also runs PokerStars and Sky Poker. Other sportsbooks in the group include Sky Bet, Sportsbet, Sisal, Snai and FanDuel. Flutter has 22 other brands in our data. A self-exclusion at Betfair may not reach them.

22 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.

Does self-exclusion at Betfair cover its sister sites? · How national self-exclusion schemes work

Fines and regulator actions

Our data lists no fine under the name PPB Entertainment Limited. Other Betfair companies have been fined. In October 2018 Paddy Power Betfair paid £2.2 million to the UK Gambling Commission over customer-interaction and anti-money-laundering failures, including stolen money gambled on the Betfair exchange. Sweden's Spelinspektionen fined Betfair International plc SEK 5.5 million in June 2019 for bets on matches with under-18 players. In April 2023 it fined the same company SEK 4 million for bets on a Swedish U21 league. Across the Flutter group our data holds 21 fines and actions, listed in the table below.

All 21 fines and regulator actions, with sources

4 of these 21 concern Betfair’s own company; the others concern other companies of the Flutter Entertainment plc group. The company column names who was fined.

Fines from the 40 regulators, prosecutors and courts we track, online gambling only; fines against land-based casinos are out of scope. How we count 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
2026-03-23Betfair Interactive US, LLC d/b/a FanDuelUSA Massachusetts — Gaming CommissionUSD 5,000Commission fine after an adjudicatory hearing: a FanDuel employee placed sports wagers in breach of 205 CMR 238.32(1) (19 to 21 April 2024). Listed on the Commission's noncompliance enforcement page (https://massgaming.com/regulations/noncompliance-enforcement-actions/). source
2026-03-12Betfair Interactive US, LLC d/b/a FanDuelUSA Massachusetts — Gaming CommissionUSD 5,000Civil administrative penalty for Sports Wagering Catalog noncompliance (7 to 9 September 2023); hearing waived. Listed on the Commission's noncompliance enforcement page (https://massgaming.com/regulations/noncompliance-enforcement-actions/). 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
2019-06-26Betfair 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

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); its Brazilian sites had to go offline in October 2026 under a provisional Brazilian ban on fixed-odds betting. 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).

Ratings elsewhere

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

Often compared

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.

Is Betfair legit?

Betfair is run by PPB Entertainment Limited, which holds a licence from UKGC (account 39426). Check the licence in the UKGC licence register. Its owner is Flutter Entertainment plc, a listed company. Fines and regulator actions against Betfair’s own company: 4; against the whole Flutter Entertainment plc group: 21. Sister sites with the same owner: 22. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.

What are Betfair’s sister sites?

Betfair has 22 sister casinos with the same owner, Flutter Entertainment plc: Paddy Power, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo and 17 more. Full list: all Flutter Entertainment plc sister sites.

Sources

Last checked 14 Oct 2026. Review text checked against our data on 25 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.

How casino ownership works: the data

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