Betfair boss resigns to set up PR consultancy

Betfair managing director, Mark Davies, has resigned from his post after more than ten years to start up his own PR consultancy.

Davies was part of Betfair’s founder-management team, having joined the betting exchange before its launch in March 2000.

Betfair has already signed up to be one of the first clients of Camberton, Davies’ new company. Davies said: “It’s been fun, but in recent months I haven’t been able to offer Betfair as much as I’d like to of what I think I am best at; so I think it’s time to move on to new things.

“I have set up a company of my own, Camberton, which will offer to a broader church the sort of thing that I have been responsible for at Betfair over the last decade.”

Betfair chief executive David Yu added: “Mark has been with the company since it was little more than an idea and has helped it grow to the largest online sports betting business. As our ‘voice’ in the market he has contributed so much to our distinctive positioning.”