Betfair hits two-millionth customer mark

LONDON, England -- As reported by iGaming Business: "A 59-year-old civil servant from Linkoping in Sweden has become the two millionth customer for online betting firm Betfair after opening an account to place a wager on the outcome of the upcoming American Presidential election.

"UK-based Betfair passed the one million mark only 20 months ago and revealed that it now handles an average of five million transactions a day, which is more than all of Europe's stock exchanges combined. The firm was founded eight years ago and stated that 99.9 percent of its deals are now successfully completed in less than one second...

"Betfair now handles 4.7 billion page impressions every week and revealed that it is due to be presented with its second Queen's Award for Enterprise on Monday.