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Paddy Power and British rival Betfair agreed terms for a merger on 8 September 2024. The business is owned 52% 👄 by the former Paddy Power shareholders and 48% by the former Betfair shareholders.[2] The merger was completed on 2 February 👄 2024.[3] On 5 April 2024, it was announced that 650 jobs in the United Kingdom and the Republic of Ireland 👄 would be lost at the company.[4]

On 18 October 2024, the company paid outR$1.1M to those who bet on Hillary Clinton 👄 in the presidential election in the United States, citing a certainty of Clinton's victory. Trump won.[5] In May 2024, it 👄 acquired daily fantasy sports operator Draft.[6] In August 2024, it was announced that Peter Jackson, CEO of Worldpay UK, would 👄 succeed Breon Corcoran as CEO of Paddy Power Betfair.[7]

In January 2024, Flutter acquired the online bingo company Tombola.[22]

In November 2024, 👄 an arbitrator ruled that Fox Corporation had an option to acquire an 18.6% stake in FanDuel forR$3.7 billion, based on 👄 a valuation ofR$20 billion, with the price increasing by 5% for each year of the 10-year option.[23][24]

The new business maintains 👄 separate brands in the United Kingdom, Ireland and Italy.[2] It operates across four divisions; Online, Retail, Australia and the United 👄 States.[27] The online division comprises Paddy Power and Betfair in the United Kingdom and Ireland. Betfair also operates an online 👄 betting exchange.[28]

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