Edward Wray Biography

Edward Wray set up Betfair, together with Andrew Black, in August 1999. He was the company's CEO from its inception until July 2003, when he brought in an external CEO to run the wider business, allowing him to focus on establishing Betfair internationally. From 2004 to 2007 Edward was based in Australia spearheading Betfair’s efforts in the country as CEO of Betfair Australia, the company’s joint venture in Australia and New Zealand with Crown Ltd (formerly Publishing and Broadcasting Limited).

Prior to setting up Betfair, Edward spent 8 years at J.P. Morgan & Co. as a Vice President in the debt capital markets and derivatives area.

Betfair floated on the London Stock Exchange last October, valued at £1.4 billion. It is one of the world’s largest online sports betting operators, processing more than 5 million transactions a day.

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