Complex sentence: It merged with Betfair to create Paddy Power Betfair on 2 February 2016, making it the number one online gambling company in terms of size and revenue in 2016, with a total value of around 12 billion dollars.
Split into simpler sentences: It merged with Betfair to create Paddy Power Betfair on 2 February 2016. Making it the number 1 online gambling company in terms of size and revenue in 2016, with a total value of around 12 billion dollars.