Paddy Power Betfair Is One of the FTSE 100 New Companies

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Posted: March 7, 2016

Updated: May 25, 2017

Taking their company to the next level has been expected of Paddy Power Betfair for a while, but now they are finally among the FTSE 100 new companies list.

It was only a few days ago when we reported, together with a number of UK gambling news agencies, that Paddy Power Betfair was about to enter the FTSE 100 index. Now they have been named as one of the several FTSE 100 new companies. The Financial Times Stock Exchange (FTSE) consists of the most important financial companies with the highest market capitalization, and Paddy Power Betfair managed to set their names on this prestigious list –mainly thanks to the merger.

FTSE 100 company list consists of world-wide known brands

The prestige of making it into this list is unquestionable among company owners. The companies that take place in the FTSE 100 list are world-wide known brands such as Rolls-Royce Holding, Vodafone Group, Tesco or even Coca-Cola HBC AG. Putting their name next to these companies is a huge success for Paddy Power Betfair, and they hope to keep up their rising position.

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