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Andrew Black (born 13 May 1963) is a British entrepreneur who, together with Edward Wray, a gambling entrepreneur, founded Betfair, 👍 the world's first and largest bet exchange. He is now a noted angel investor in technology businesses in the UK 👍 and further afield, and is a keen race horse owner and professional bridge player.

He has won many awards, most notably 👍 Ernst & Young emerging entrepreneur of the year in 2002 (shared with Wray).[1]

Early life [ edit ]

Black was born on 👍 13 May 1963, the son of a property developer and grandson of Tory MP for Wimbledon Sir Cyril Black, who 👍 campaigned, among other things, against gambling.[2] He attended King's College School in Wimbledon, where he excelled at maths (according to 👍 a moneyweek profile in 2009, not citable due to an entry in Wikipedia's blacklist) and then attended the University of 👍 Exeter but was asked to leave during his second year, saying later that he had spent most of his time 👍 at the bookies rather than attending lectures.

Career [ edit ]

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    In May 2024, amid the widening legalization of sports betting in the United States, FanDuel agreed to merge with the U.S. operations of Irish bookmaker Paddy Power Betfair (now Flutter Entertainment) to form FanDuel Group.
    Paddy Power Betfair Acquisition of FanDuel\n\n Within ten days of the Supreme Court judgment, Paddy Power Betfair plc (PPB) announced the acquisition of a 61% share in FanDuel, an online fantasy sports game with over 40% market share of the US daily fantasy sports market.
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