When speaking about the top ten biggest online gambling companies in the world, you’d expect most of the companies on this list to have turnovers worth hundreds of millions of pounds in revenue at the end of a working year.
Some countries don’t even allow gambling sites to function in their country.
You should check out our list of top betting companies in Nigeria, most of which are owned by these online gambling companies.
Due to strict betting rules and regulations in different countries, the operations of many betting sites are strictly monitored and regulated to avoid a lot of problems, especially for the economy.
That’s why you’d expect the few gambling sites that are operational to have huge revenues each year.
This fact resulted in many casino sites springing up daily and today, they are so many that the exact number of online gambling companies in the world is relatively changing. As such, besides the wide number of casinos that appeared online, audit sites that review them and compare them for the users also popped up in this space
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Top 10 Biggest Online Gambling Companies In the World
We’ll give you a run-through of the biggest online gambling companies in the world, considering different factors like annual revenues, branches, employee size, and so on.
10. 888 HOLDINGS PLC. (Net Worth: £600 million)
This is definitely one of the biggest gambling companies in the world, as they generate a whopping sum of £600 million in the 2019 financial year.
As mind blowing as it might sound, that value still makes them the last on this list. That is to show you what is to come.
The company was founded by Avi Shaked, Aaron Shaked, Shay Ben-Yitzhak and Ron Ben-Yitzhak in 1997. It was formerly known as Virtual Holdings Plc but finally rebranded the gambling site to 888 in 2002.
The company was initially based in the United States of America until gambling was banned from the country in 2006.
Though gambling sites are seeing a return to the US, it’s still full of restrictions. Today, they have their headquarters in Gibraltar.
We assume if the company were not hit hard by the ban of gambling in the US where the company lost over $120 million, they would bepositioned higher on this list.
The fact that they remain among ten biggest online gambling companies in the world is a sign of their prominence.
The company has subsidiaries that operate under them including cassava enterprises and dragonfish.
As sports and betting go hand in hand, you should check out this list of 10 most accurate football prediction website.
9. Kindred Group (Revenues: £800 Million)
You might not be familiar with the company name but you surely will have an idea about the subsidiaries that operate under the company like UniBet, 32Red, Stan James etc.
The company was established also in 1997 by Anders Strom, with its headquarters situated in Malta.
The group’s subsidiaries has operations in many other countries in Europe including Belgium, Denmark, France and Gibraltar.
As one of the biggest online gambling companies in the world, they have partnership with several multilateral companies, over 1,400 employees.
Unibet is the biggest of its subsidiaries having more than 15 million customers. The Group offers products such as online sports betting.
The group is also one of the fastest growing and largest online gambling companies in the world.
8. Bet Fred (Revenues: £810 Million)
Aside from being one of the biggest gambling companies in the world, it is also one of the oldest on this list as it was established in 1967.
The group has quite a bit of interesting history to it as the company itself was created from the bet won by the Done brothers who predicted England to become the winners of the 1966 FIFA World Cup.
They received a windfall from the winning and created the group. Ever since then, the business expanded continuously to become one of the biggest today.
Up till date, the company has been solely owned by the Done brothers without any mergers or selling of their rights, making them the 8th biggest online gambling company.
That shows the remarkable leadership of the company, despite losing bets amounting to £1 million to fellow bet proprietor, Victor Chandler who owned Bet Victor.
As one of the biggest gambling companies, the group operates up to 2000 shops around the world employing over 1000 employees, offering Sports bet like, horse racing, rugby league, virtual and so on.
Soon, many of these betting companies will start accepting deposits with any of the 10 most popular cryptocurrencies in the world, Bitcoin already taking the lead.
7. International Games Technology (Revenues: £932 Million)
This is a big gambling company that has been in existence since 1975 and it has undergone different forms of ownership since then.
The company was however founded by William Red who produced and sold slot machines as an American company. The company was then sold to GTech for an undisclosed price.
The company is so big today that it has employees of over 12,000 people working in its different branches around the world.
The company offers slot games such as Elvis, Star Wars, the $25000 pyramid, sale of the century, and so on.
Online gambling games include virtual horse racing, and so on.
The revenues they generated at the end of the 2019 fiscal year of £932 Million is a testament to the fact that the company is one of the biggest online gambling companies in the world.
Related: Top 10 Best betting sites in Kenya
6. William Hill (Revenues: £1.6 Billion)
Among the oldest gambling companies on this list is the William Hill company which was established in 1934.
Due to the illegality of gambling in the United Kingdom at the time, the leadership of the company has changed leadership and ownership several times.
Despite not being the biggest, they are one of the biggest in terms of employee size, hiring the services of more than 16,000 employees operating in up to 2500 shops around the world.
They were able to rake in revenues of up to £1.6 Billion in early 2020.
5. The Stars Group (Revenues: £2.05 Billion)
Through the acquisition of different, top betting companies such as Bet Easy and crown Bet, the Stars Group have grown to become one of the biggest gambling companies in the world.
The company was established in 2001 as Amaya Incorporation. Over its 19 years of operation, 2019 brought its highest returns in terms of revenues, bringing in a massive £2.05 billion.
To name a few of the brands under this division including BetStars and Full Tilt Games. They’re currently the 5th biggest online betting company in the world.
4. Scientific Games (Revenues: £2.75 Billion)
Scientific games is an American gaming company established in 1917 as Autotote by John Koza and Daniel Bower.
The company’s operation is flagged for providing gambling services and also products to other gambling companies. The company operates a UK sports betting platform called OpenBet.
As one of the biggest online gambling companies in the world, it offers products to other gambling companies including computerized and mechanical slot machines, table games, iGaming and iLottery products, instant lottery games, lottery gaming systems, terminals and services, internet applications, server-based interactive gambling terminals, gambling control systems, social gaming, and sports betting.
At the end of the 2019 financial year, the company made revenues of up to a mammoth £2.75 billion through their several branches which employs up to 6,000 employees.
3. Bet365 (Revenues: £3 Billion)
Bet365 is a British online gambling giant. It is one of the top 100 betting firms in the world.
It is safe to attribute the exponential growth of Bet365 to the advancement of technology over the years.
The company was founded in 2000 by Denis Coates and the operations of the company are handled and owned by the Coates family.
The company has a stadium to their name, though it is not listed among the largest stadiums in the world.
The company which was then established on a temporary building in stoke in the UK is now one of the biggest online gambling companies in the UK, employing over 5000 people, generating up to £3 Billion in revenues.
Bet365 sponsors about 10 La Liga football teams, isn’t that amazing?
Although, Real Madrid and Barcelona, two of the top 10 richest football clubs in the world, were not included in the sponsorships deals. Bet 365 is the perennial sponsor of Stokes City.
The company stakes a place at 3rd position on this list of biggest online gambling companies in the world as they have a customer base in more than 200 countries all over the world. What a reputation!
2. GVC Holdings (Revenues: £3.7 Billion)
GVC Holdings was established in 2004 and has since obtained ownership of other top gambling companies in the UK namely the Ladbrokes and also Coral.
Despite having their ownership claimed by the GVC Holdings, most people still refer to the company as Ladbrokes-Coral Plc.
GVC Holdings is one of the biggest online gambling companies in the world by miles as it makes up to £3.7 billion in revenues and also employs the services of more than 30,000 employees.
This is the highest figure recorded so far on this list. GVC operates other brands like sporting bet, Gala, Foxy, and Bwin. According to statistics, the company has more online players and bettors than any other site on this list.
Flutter Stars Group (Revenues: £3.8 Billion)
This is one company that has experienced growth is many ways as a result of mergers upon mergers.
This brings together the customers, workforce, revenue of each company involved to make a successful joint business. Companies in old in the merger to form the Flutter Stars group includes Paddy Power, Betfair, Sky Bet, and many others.
These merger has proved beneficial to all the parties involved and their cooperation brings them to the top of this list of biggest gambling companies in the world.
Contrast to the GVC Holdings, The Flutter Stars group has more reach on a global scale, and their platforms for gambling are quite diverse.
This is one advantage that comes in from the mergers. This is one of the major reasons why they are expected to hold on to the top position for a long time, as long as the merger holds of course.
Related: List of online bookmakers that accept bitcoin
Biggest Online Gambling Companies In the World (Summary)
It is obvious to see that majority of the old big players in the gambling industry have been displaced or forced to merge with the newer gambling companies.
Only a few gambling sites have been able to retain their ownership since inception and it is clear they have adapted to the changing times.
Here’s a quick recap of the top 10 biggest gambling companies in the world today:
- Flutter Stars Group
- GVC Holdings
- Scientific Games
- The Stars Grup
- William Hill
- International Games Technology
- Bet Fred
- Kindred Group
- 888 Holdings Plc
The list shows the worth and value of many top gambling sites but it also show the lucrative aspect of the industry.
Imagine a company generating up to £1 billion in revenues in a year, it’s just crazy. That is absolutely mind-blowing.
What did you think? Lets have your comments in the box provided below:
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What is the largest gambling company in the world? ›
- SONY. Gaming Revenue: $24.9 billion.
- MICROSOFT. Gaming Revenue: $16.3 billion.
- MICROSOFT. Gaming Revenue: $16.3 billion.
- NINTENDO. Gaming Revenue: $15.3 billion.
- TENCENT. Gaming Revenue: $13.9 billion.
- TENCENT. Gaming Revenue: $13.9 billion.
- TENCENT. ...
- ACTIVISION BLIZZARD.
According to a report issued by the American Gaming Association (AGA), nearly 3,000 Internet gambling sites offer wagering on sports, casino games, poker, bingo, lottery and other games. 1 Online gambling has generated approximately $30 billion in annual revenue.What are the biggest casino companies? ›
The extremely successful MGM Resorts was the top-ranking casino company in terms of revenue. It generated a total of 5.16 billion U.S. dollars in 2020, its closest competitor being Caesars Entertainment with a revenue of 4.46 billion U.S. dollars in the same year.How big is the gambling business? ›
Global online gambling and betting industry market size 2021-2028. The size of the global online gambling and betting industry amounted to 61.5 billion U.S. dollars in 2021.Who are DraftKings competitors? ›
So, without further ado, let's take a closer look at the top 10 competitors of DraftKings.
- FanDuel. ...
- Caesars Sportsbook. ...
- BetMGM. ...
- Bet365. ...
- PointsBet. ...
- bwin. ...
- FOX Bet. ...
- William Hill.
|Rank||Casino||Number of games|
- Red Dog. ...
- BetOnline. 100% Deposit Match Up to $3,000 $3,000 BONUS. ...
- Bovada. Live Dealer Games $3000 BONUS. ...
- MyBookie. 150% Up to $750 $750 BONUS. ...
- BetUS. 200% Welcome Bonus $5,000 BONUS. ...
- Ignition. Play 300+ RTG Games $1,500 BONUS. ...
- Super Slots. 250% Bonus up to $6000 $6,000 BONUS. ...
- Red Dog.
Blackjack has the best odds of winning, with a house edge of just 1 percent in most casinos, Bean said. Plus, you are playing against only the dealer, not hooded poker champions. "Blackjack is one of our easiest games to play," Bean said.
Bet365 is available in most of the European countries (UK, Spain, Italy, Germany, Hungary, …) with the following exceptions: Belgium, France, Portugal, Poland. Czech Republic, Russia. Double-check offers you are entitled to as bonuses are really different based on your country.
Is Bet365 legal in USA? ›
New Jersey, New York, and Colorado are three states where Bet365 is legal in the US. However, as of April 2021, Bet365 is only available in New Jersey. At this stage, Bet365 has yet to launch online in New York or Colorado.How much money is Bet365 worth? ›
Although Covid-19 initially decimated the sporting calendar, her Stoke-on-Trent-based gambling titan managed to grow revenues after lockdown restrictions eased. With turnover flat across the year at £2.8 billion we continue to value Bet365 at £7.1 billion.Who is the richest gaming company? ›
Sony will continue to be the world's largest video game company in 2022. The PlayStation 5, which was released in 2020 and quickly became the world's most popular next-generation video game console, now accounts for most of the Japanese tech giant's gaming earnings, totaling $24.9 billion last year.How big is the online gambling industry? ›
The global online gambling market size was valued at USD 57 billion in 2021. It is estimated to reach USD 153 billion by 2030, growing at a CAGR of 11.7% during the forecast period (2022–2030).How large is the online gambling market? ›
In terms of revenue, the Online Gambling & Betting market size was valued at around USD 58.2 billion in 2021 and is projected to reach USD 145.6 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.How big is the online gaming industry? ›
The global game market revenue for 2021 was $178.2 billion.
For 2022, that number is projected to go up to $196 billion.
No other nation has as many casino properties as America. The country sports over 900 commercial and tribal casinos operated by numerous entities and empires that span the entire world.Who owns the largest casino? ›
It is owned and operated by the Chickasaw Nation. The casino opened as the WinStar Casinos in 2004, and was expanded (with a 395-room hotel tower) and renamed WinStar World Casino in 2009; its 370,000 square feet (34,000 m2) of casino floor made it the world's largest casino.
What company has the most casinos? ›
Las Vegas Sands Corp. The largest casino company in the world is Las Vegas Sands Corp who owns two resorts on the Vegas Strip as well as several other US casinos and many more throughout Asia. They employ 50,000 people and their annual earnings have topped $13 billion dollars.How big is the gambling business? ›
Global online gambling and betting industry market size 2021-2028. The size of the global online gambling and betting industry amounted to 61.5 billion U.S. dollars in 2021.Who is the richest gambler? ›
- Bill Benter net worth: $1 billion. ...
- Edward Thorp net worth: $800 million. ...
- Billy Walters net worth: $250 million. ...
- Phil Ivey net worth: $100 million. ...
- Chris Ferguson net worth: $80 million. ...
- Doyle Brunson net worth: $75 million. ...
- Howard Lederer net worth: $60 million.
|Education||City College of New York|
|Occupation||Founder, Chairman and CEO of Las Vegas Sands|
If you go to a casino to gamble, the Macau Galaxy offers everything you could want. It has over 1,500 slot machines and 650 table games spread over 400,000 square feet. All of this has made the Galaxy Macau the most successful casino in the world, in terms of revenue.What are the top 10 biggest casinos? ›
- Venetian Macau on Cotai Strip. ...
- WinStar World Casino in Thackerville, Oklahoma. ...
- Wynn Palace Macau. ...
- City of Dreams Macau. ...
- Galaxy Macau. ...
- Foxwoods Resort in Ledyard, Connecticut. ...
- Wynn Macau. ...
- Ponte 16- Historic Macau.
As of June 2022, the largest casino in the world was the WinStar World Casino & Resort located in Oklahoma in the United States. The casino was approximately 600 thousand square feet in size.What is the most popular casino in the world? ›
1. Bellagio, Las Vegas, USA. Designed by legendary casino specialist Steve Wynn and built at a cost of $88 million, the Bellagio is justly among the world's most famous casinos, featured in Hollywood moves such as Ocean's 11 and 21.Who owns most of Vegas? ›
Meet the True Las Vegas Strip Leader
Vici recently completed the $17.2 billion acquisition of MGM Growth Properties making it by far the largest landlord on the Strip. The deal, which followed Vici's recent acquisition of the Venetian, makes the company the owner of the majority of the casinos on the Las Vegas Strip.
|Total equity||US$3.538 billion (2020)|
|Owner||Adelson family (56.7%)|
|Number of employees||44,500 (December 31, 2021)|
|Subsidiaries||Sands China (69.9% ownership)|
Which location is the largest producer of casino revenue? ›
The following are the biggest per-visitor gambling revenues by country:
- Macau $1,345.
- Australia $736.
- Singapore $446.
- Philippines $404.
- South Korea $189.
- Cambodia $73.
- Malaysia $72.
The global online gambling market size was valued at USD 57 billion in 2021. It is estimated to reach USD 153 billion by 2030, growing at a CAGR of 11.7% during the forecast period (2022–2030).How big is the US online gambling market? ›
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the United States Online Gambling Market was worth USD 2.65 billion in the year 2021. The market is projected to grow at a CAGR of 16.4%, earning revenues of around USD 7.61 billion by 2028.How many online casinos are there in the world? ›
Online Casino Statistics
The latest 2022 numbers show that there are 2,000 online casinos, with the top performing online casinos generating more than $10 billion every year.