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Today, Betfair is one of the largest international online sports betting operators and the world's biggest betting exchange. We have a significant presence in the UK and Ireland as part of Flutter's UK&I division, but also operate within many international territories as part of Flutter International.

Betfair's decision to close in Germany comes on the same day as passage of the 4^th Interstate Treaty on Gambling (IST) into law. The treaty, which has been in the works for the last 24 months, creates a national regulatory regime for sports betting in Germany.