![]() ![]() In August 2017, it was announced that Peter Jackson, CEO of Worldpay UK, would succeed Breon Corcoran as CEO of Paddy Power Betfair. In May 2017, it acquired daily fantasy sports operator Draft. ![]() On 18 October 2016, the company paid out $1.1M to those who bet on Hillary Clinton in the presidential election in the United States, citing a certainty of Clinton's victory. On 5 April 2016, it was announced that 650 jobs in the United Kingdom and the Republic of Ireland would be lost at the company. The merger was completed on 2 February 2016. The business is owned 52% by the former Paddy Power shareholders and 48% by the former Betfair shareholders. Paddy Power and British rival Betfair agreed terms for a merger on 8 September 2015. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. Flutter Entertainment plc, formerly Paddy Power Betfair plc, is an international sports betting and gambling company. ![]()
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