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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 4th 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.
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