Betfair is one of the biggest gambling companies in the world and one of the most lucrative.
The company has been around for a long time and over the years has managed to make some of the biggest strides for the market.
One of the biggest bonuses of the casino company is that it is a provider of games and sports wagering options. This means that customers can frequent the casino for all of their gambling needs. This makes it that much more fun for avid gamers to work with- they can sort through to find their favorite games and enjoy them.
On the other hand, if you are a new gamer, then you are going to have equally as much fun testing out new games to play.
Betfair has lots to offer but now it may have some problems for its future management. The company’s CEO defected recently to a competitor’s management team. This does not necessarily mean sure disaster for the company but it may make things interesting for the company in the future.
Right now being competitive is everything to the market. That means that any edge a different company may have over another could be a serious game-changer. This is why it is so critical that their CEO jumped ship.
The CEO in question was Breon Corcoran. He was COO for Betfair for many years and took on a serious role in its overall development. His direction was partially responsible for leading the company to the top place in the market and the insight he has into development now could benefit his new company.
Corcoran now is taking the post of CEO for Paddy Power. Paddy Power is already a leader in the world of gambling too but a serious competitor for Betfair. Corcoran could use the blueprint he used, and partially wrote, for Betfair to help Paddy Power now grow itself up to the bigger levels of success.
This is a sign of how competitive things are in the market. Although Paddy Power has gained an ally, Betfair is going to have to watch its own business to make sure that its trade secrets don’t crop up somewhere else.
Current CEO is Peter Jackson a 41 year old from UK, after Corcoran stepped down from his position.