Paddy Power, Betfair Agree to Create `Very Big Beast'

Updated on
  • Deal to create world's biggest online gaming company
  • Betfair CEO Breon Corcoran will lead enlarged business

Paddy Power bookmakers.

Photographer: Matthew Lloyd/Bloomberg

Paddy Power Plc and Betfair Group Plc plan to merge in a deal that creates the world’s biggest publicly-listed online gaming company, the latest in a wave of combinations across the industry.

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