Betfair

Betfair Group plc (LSE: BET) is the world's largest Internet betting exchange. The company is based in Hammersmith in West London, England. In 2011 Betfair went offshore and was registered and licensed in Gibraltar and since 9 March 2011 its betting exchange operate under this offshore licence. Since Betfair was launched in June 2000 it has become the largest online betting company in the UK and the largest betting exchange in the world. Betfair claim to have over 4 million customers and a turnover in excess of £50 million a week. The company employs about 2300 people worldwide and 1200 in the UK.