Paddy Power Betfair is now known as Flutter Entertainment. Betfair was acquired by the larger firm and became Paddy Power Betfair, based in Dublin.
In 2016, Betfair underwent a merger with Paddy Power. This meant that Betfair then had to operate with greater transparency.
In October 2010, Betfair switched from being a private company to a publicly owned one when they were listed on the London Stock Exchange. Their well-established reputation can attest to this, but that doesn’t mean the company is a stranger to controversy. They follow strict legal guidelines and have been doing so for a long time. Is Betfair legit?īetfair is a large, legit company. Read our Betfair review to find out everything about this site. After all, it has been around for years – But does that make them legit? Not necessarily. You might have heard the name Betfair before.