Have you ever wondered what is the biggest online gambling companies worldwide? Today, we will be taking a look at the largest online gambling companies in the world and their yearly revenues.
Gambling is one of the most lucrative industries in the world even though it is highly controlled and regulated in some countries. This has impeded the growth of these companies even though many of these online gambling companies are still making huge revenue.
Below is a list of the biggest online gambling companies in the world.
10 Biggest Online Gambling Companies Worldwide
1. Flutter Stars Group (Revenue – £5.2 billion)
Flutter Stars Group is currently the biggest online gambling company in the world. With revenue of £5.2 billion in 2020 and an employee count of 13,653, Flutter Stars Group provides different gambling services. Some of these services are provided under different brands including Paddy Power, Betfair, Sky Bet, Pokerstars, and many more. See the Top 10 Best Chess Players Of All Time (Updated List)
Being the largest online gambling company in the world, the company has undergone many mergers and acquisitions since its establishment in February 2016. Flutter Stars Group headquarters is located in Dublin, Ireland with many branches spread across the world.
2. GVC Holdings (Revenue – £3.7 billion)
Next to Flutter Stars Group is GVC Holdings, one of the largest online gambling companies in the world. The gambling company which was established in 2004 yielded revenue of £3.7 billion from different gambling services in 2020. With over 30,000 employees, GVC Holdings operates under brands like Gala, Foxy, Party Poker, Sporting Bet and so many others.
Despite the restrictions and high control of gambling in the US, GVC Holdings owned some gambling sites for US users. Some of which include Landbrokes and Coral.
3. Bet365 (Revenue – £3 billion)
Bet365 is one of the biggest online gambling companies in the world. The British gambling company was established in 2000 by Dennis Coates and it is currently directed by the Coates family.
Being one of the largest online gambling companies in the world, Bet365 is a known sponsor of different LALIGA Football teams. With over 50,000 employees, Bet365 makes £3 billion as revenue through the offering of gambling services. Check out How To Start Online Sports Betting Business in Nigeria 2022
4. Scientific Games (Revenue – £2.75 billion)
Scientific Games was established in 1917 by John Koza and Daniel Bever in the United Kingdom. Since then it has grown to be one of the biggest online gambling companies in the world. Before its growth, Scientific games like many other gambling brands faced a lot of banning and flagging from the UK government.
Currently, the company runs different gambling services like Computerized slot machines, table games, different instant lottery games, and so on. The largest online gaming company also owns a sports betting site called OpenBet in the UK. With many of these gambling services offered, Scientific games made a year revenue of £2.75 billion.
5. International Genius Technology (Revenue – £2.2 billion)
International Genius Technology popularly known as IGT was established in 1975 by Williams Red. Being one of the online gambling companies in the world, IGT offers different gambling games including Virtual Poker, horse racing, casinos, slot games, and so on.
With over £2.2 billion in revenue generated in 2020, IGT has over 12,000 employees and different branches in the world. Check out the Zoom Lifestyle Lottery: Everything You Need To Know About the Gaming App
6. The Stars Group (Revenue – £2.05 billion)
Here is also one of the largest online gambling companies in the world which was established in 2001. Since its inception, the Star Group has acquired different betting Companies like CrownBet and Bet Easy which has improved their revenue.
The Stars Group offers different gambling services and products like Poker Casino under many brands. Some of these include PokerStars Casino, BetStars, Full Tilt Poker, and so on. With a revenue of £2.05 billion, The Stars Group can be referred to as one of the largest online gambling companies in the world.
7. William Hill (Revenue – £1.6 billion)
The UK-based gambling company was established in 1934 when gambling companies were deemed illegal. The company undergoes a lot of acqu William Hill is currently one of the largest online gambling companies in the world.
With a revenue of $1.6 billion and over 2500 shops, William Hill provides gambling services across the world. Some of these include Online bingo poker, casino, horse racing, and many others.
8. Bet Fred (Revenue – £810 million)
Bet Fred was established in 1967 by the Done brothers after winning the 1966 FIFA World cup predictions. Being one of the largest online gambling companies in the world, Bet Fred offers different gambling services including horse racing, tote pools, rugby league, bingo, lotto, and so on.
The gambling company which has over 2,000 shops with 1000 employees generates over £810 million in revenue in 2020. Thus making it one of the biggest online gambling companies in the world.
9. Kindred Group (Revenue – £751.4 million)
Have you ever heard of the Kindred Group which is one of the biggest online gambling companies in the world? The gambling company was established by Ander Strom. It has different branches across the world including France, Europe, Gibraltar, Denmark, and Belgium with its headquarters in Malta.
Kindred Group has different brands like Unibet, and 32Red under which many gambling services are offered. Some of these include Online poker, bingo, casino, sports betting, and so on. See the Founder Of Nairabet, Akin Alabi Biography, and Net Worth
10. 888 Holdings PLC (Revenue – £600 million)
The last gambling company on our list is 888 Holdings PLC. It was established in 2019 as Virtual Holdings PLC after which it was rebranded to 888 Holdings PLC. This was after facing many victimizations from the US government.
The US-based gambling company has its headquarters in Gibraltar with different branches around the world. Under brands like 888 Sports, 888 Pokers, 888 casino, and others, 888 Holdings PLC renders different gambling services.
Final Thoughts on Biggest Online Gambling Companies in the World
Despite the lucrativeness of the gambling industry, it is highly competitive and challenging. Most of the biggest gambling companies in the world on our list are faced with many problems in the UK, the US, and some countries.
Although, they continue to thrive making most of them fit to be one of the largest online gambling companies in the world with the amount of revenue they make.
What other online gambling brands in the world do you know about? Share your thoughts with us via the comment section.