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Top 20 Largest Gambling Companies in the world (2022)

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Casino Stores and Gambling Companies in the world (2022) (Image Source: Pexels)

In recent times, the world of gambling has been full of competition and rivalries from different brands. Doing this has helped to keep the industry vibrant and in check thereby giving each brand an extra incentive to compete for market shares in their portfolio.


 

In this article, we will look into the biggest and largest online gambling companies and their physical operators worldwide. You will find the full list of gambling companies and operators that have been considered the largest in the industry across Europe, the United States, and the United Kingdom.

 

Doing this has enabled us to review each with key criteria to present to you with up – to date references and news in the gambling industry

 

1. Caesars Entertainment


Net Revenue: $3.47 Billion

Stock Ticker Code: CZR (NASDAG)

Company Headquarters: Reno, Nevada, United States

Number of employees at present: 21,000

Found Year: 1996

 

Caesars Entertainment is one of the largest gambling companies online and retail since its emergence in 1996. The company rebranded from Eldorado Resorts which led to the acquisition of Caesars which happens to be the namesake brand which it acquired for a whopping sum of $17 Billion in stock and cash flow. The deal was completed in July 2020 on meeting the company’s criterion

 

Caesar Entertainment’s present revenue is estimated to be $3.47 billion with over 21,000 employees globally. The company owns numerous brands ranging from ELdorado, Harrah’s, Horseshoe, and Tropicana all of which are doing well to add cash flow to the company

 

The company is an S&P 500’s shares tradeable company and trades on NASDAQ under the CZR stock ticker code

 

2. Flutter Entertainment


Net Revenue: £5.2 Billion

Stock Ticker Code: FLTR (LSE)

Company Headquarters: Dublin, Ireland

Number of employees at present: 13,653

Found Year: 2016

 

Flutter Entertainment is one of the respected industry giants in gambling since its creation in 2016. The company is well represented in both online and offline retail outlets and it finalized its merge with the Stars Group TSG which led to an increase in the operational results and revenue in 2020 during covid19

 

It has been reported that its revenue is £5.2 billion in which the TSG deal brought them international recognition in the gambling market. However, both the biggest online gambling company as well the best retail outlet operator

 

The company owns other subsidiaries such as Adjarabet, BetEasy, Betfair, Sportsbet.com.au, Fox Bet, Full Tilt Poker, Paddy Power, SkyBet, FanDuel, TGV Network, and Timeform

 

 

3. Evolution


Net Revenue: €561.1 million

Stock Ticker Code: EVO: SS (NASDAQ))

Company Headquarters: Stockholm, Sweden

Number of employees at present: 6,825

Found Year: 2006

 

Evolution is another giant in the gambling industry which has caught an M&A fever since 2020 and finalized the acquisition of the NetEnt leading to many controversies in the industry. In light of NetENt’s acquisition, Evolution lay off some employees and shut down the NetEnt live studio to the shock of the public

 

Employees and top team members claimed that Evolution had been disrespectful to them and this is something that the company firmly denied on approach. The dispute was brought to a successful end in meeting some of the requirements put forward

 

The company’s revenue increased by over 53% to €561.1 million in 2020 despite covid19. These latest results were boosted by the pandemic that forced many people to seek an alternative form of entertainment online and the NetEnt acquisition that came thereafter.

 

4. Catena Media


Net Revenue:  €106.0 million

Stock Ticker Code: CTM (NASDAQ))

Company Headquarters: Quantum Place, Triq ix-Xatt, Ta’ Xbiex, Gzira.

Number of employees at present: 404

Found Year: 2012

 

Catena Media is one of the most successful and admired marketing and affiliate companies in the online gambling industry. The business posts revenues of around €100 million yearly, and in 2020 it increased to €106 million. The company remains at the helm of promoting gambling products in a safe, responsive valued packed way

 

5. Better Collective


Net Revenue:  €160 million

Stock Ticker Code: BETCO (STO))

Company Headquarters: Denmark

Number of employees at present: 450

Found Year: 2004

 

Better Collective is a media within the iGaming and sports betting industry that has developed numerous platforms dedicated to educating consumers with regard to responsible gambling and safe gambling options to save you

 

 

The company posted its 2020 revenue of around €160 million making it one of the fastest-growing companies in the education niche of gambling. The company started operation in 2004 and has 12 offices that presently serve its consumers

 

Some of its ethics are sustainability and responsible gambling which helps tackles addiction.

 

6. Las Vegas Sands


Net Revenue: $3.61 Billion

Stock Ticker Code: LVS (NYSE)

Company Headquarters: Las Vegas, Nevada, United States

Number of employees at present: 50,000

Found Year: 1988

 

Las Vegas Sands was founded in the year 1988 by the late casino mogul Sheldon Adelson based in Las Vegas. He’s one of the early day gambling visionary who believed that conventions could drive interest in gambling, and realized a series of gambling ambitious mega-projects leading to Las Vegas Sand

 

Las Vegas sand had a lot of setbacks due to the covid pandemic and this made them look further by taking a broader look at gambling. Its revenue dipped from $10 billion to $3.61 billion in 2020, a backward movement of trends. In spite of this, Las Vegas supported its employees through the nadir of the pandemic by refusing to cut jobs or stop paying contributions to its team

 

7. Bet365


Net Revenue:£2.81 Billion

Stock Ticker Code: None

Company Headquarters: North Staffordshire, United Kingdom

Number of employees at present: 4646

Found Year: 2000

 

Bets65 is one of the most successful private own betting firms and its boss Denise Coates is one of the best paid female executives in the United Kingdom and very much the rest of the world in the gambling industry

 

The year 2019 and 2020 fiscal end with the company seeing £2.81 Billion as revenue and that is a modest dip of about 8.2% amid the ranging pandemic that hit the world. Coates received a hefty remuneration worth £421 million or roughly £48,000 for every hour she works

 

Coates’s remuneration has made headlines many times through diverse newspapers and online news. This ultimately made bet365 a successful sports betting company that treats its employees well and contributes a gigantic amount to her Majesty’s Revenue

 

8. Kindred Group


Net Revenue:£751.4 million

Stock Ticker Code: KNDSBD (NASDAQ))

Company Headquarters: Valetta, Malta

Number of employees at present: 1400

Found Year: 1997

 

Kindred Group is one of the biggest gambling brand and operator in the world They presently own nine gambling brands and the biggest among them is Unibet and 32Red. This has garnered steadfast interest in some of the biggest gambling markets, including the United States and the United Kingdom at large.

 

The company has seen tremendous growth since the pandemic, giving them a strong push for the next years and helping it continue to scale up its products and services through commitment to emerging as the market best. They uphold every regulation layout by the relevant authority and as such, they respect and protect players’ well-being which is one of the ethics of gambling

 

The company is traded on Stockholm Stock Exchange NASDAQ for transparency and responsible gambling

 

9. Entain


Net Revenue:  €3.57 billion

Stock Ticker Code: ENT (LSE))

Company Headquarters: Douglas, Isle of Man

Number of employees at present:24,000

Found Year: 2004 as VGC holdings at the start

 

Entain as a company rebranded from GV Holdings in 2020 opening a new chapter for them as a brand. They focus entirely on sustainability and regulated markets in the gambling industry. They are one of the most substantial FSTE100 gaming firms you can find out there. They have launched a number of new markets and seeking to uphold its sustainability from the start until the date

 

The company rebranded to ENtain from GVC Holdings as a result of issues and speculation around a probe linking to Wirecard. Entain has done well since its inception and the company is putting a value on well-being by attracting the right investor. Its first CEO Shay Segev left after rebranding and had to replace with Jette Nygaard Anderson.

 

The company’s performance in 2020 was one to be reckoned with and its participation in BetMGM now made them a leading betting platform in the country

 

10. Scientific Games


Net Revenue: $3.37 Billion

Stock Ticker Code: SGMS (NASDAQ)

Company Headquarters: Las Vegas, Nevada, United States

Number of employees at present: 10,000

Found Year: 1973

 

Scientific Games is one of the oldest and most fast-paced gaming companies in the United States and a global leader in providing companies with distinct products that appeal to all types of players alike.

 

The company began its operation as a manufacturer of pari-mutuel wagering and totalizator systems but it quickly adapted to digital technological advancement bringing its OpenGaming content aggregation platforms to be accessible by all consumers

 

Scientific Games has since then been expanding its employee base and posting strong results year after year. Although the pandemic saw a small reduction in its profit margin but began transitioning into more digital gaming options which makes them more flexible even in the face of big upheavals such as prolonged lockdown

 

11. 888 Holdings


Net Revenue: $849.7 Billion

Stock Ticker Code: LON:888 (LSE)

Company Headquarters: Gibraltar

Number of employees at present: 1,350

Found Year: 1997

 

888 Holdings is one of the best gaming companies in the world and also one of the first to run its own full housed products ranging from technology solutions to games development and dedicated websites.

 

The brand is known for its sports betting solutions, poker card room, and online casino. The company marked its growth in 2020 with a profit dip in its revenue. Its CEO Itai Pazner offers an optimistic outlook for the company’s expansion in emerging markets

 

888 Holdings has continued to sponsor various events and organizations since its inception that including the Shamrock Rovers FC and the Portugues Grand Prix.  The brand reaffirmed its commitment and partnership with Caesars Interactive Entertainment and the World Series of Poker until 2026

 

12. IGT


Net Revenue: $ 2.2 Billion

Stock Ticker Code: IGT (NYSE)

Company Headquarters: London, United Kingdom

Number of employees at present: 12,000

Found Year: 1990

 

IGT also known as International Games Technology is one of the leading manufacturers of slot machines for physical and online businesses. The company has a good footprint to follow and is considered one of the ancestors of online slots

 

Formerly the company was known as S.P.A and Lottomatica S.p.Before finally acquiring IGT in the year 2015 and assuming the name of the new business.

 

Its revenue in 2020 reached a whopping sum of $2.2 billion which they said had suffered a dip during the pandemic. The company has continued to strike numerous partnerships to help its brands in the global market

 

13. Tabcorp


Net Revenue: AU$ 5.48 Billion

Stock Ticker Code: TAH (ASX)

Company Headquarters: Melbourne, Australia

Number of employees at present: 5,000

Found Year: 1994

 

Tabcorp is an Australian largest gambling company that has seen numerous operations across various sectors including sports gambling, lotteries, keno, casino gaming, and media.

 

The company media and divisions are presently one of the targets of numerous buyout bids from companies including its rival Entain.

 

The company’s recently evaluated revenue shows an AU$5.48 billion for the 2020 fiscal year ending

 

 

14. Genting Group


Net Revenue: None

Stock Ticker Code: GENTING (KLSE)

Company Headquarters: Kuala Lumpur, Malaysia

Number of employees at present: 56,000

Found Year: 1965

Genting Group is one of the largest global gambling companies focusing on establishing a physical presence across Asia and the global markets.

 

The company suffers a dip and lost over 80% in the second quarter of 2020. The company has properties across different countries including Malaysia, the United Kingdom, the Philippines, Kora, Macau, Singapore, Hong Kong, and the United States. The global pandemic and lockdown led to reduced tourism and almost nearly ended travel

 

The company is recovering and in no distance time it will be in the limelight again

 

15. Wynn Resorts


Net Revenue: $ 6.61 Billion

Stock Ticker Code: WYNN (NASDAQ)

Company Headquarters: Las Vegas, Nevada, United States

Current Number of employees: 30,200

Found Year: 2002

 

Wynn Resorts is one of the new and also one of the most important gambling companies in the world operating globally with a strong domestic presence in the United States.

 

It has one of the states of the art venue in Las Vegas with Wynn Las Vegas and Encore Las Vegas along with others such as Encore Boston Harbor in Massachusetts, Wynn Macau, Encore at Wynn Macau, and Wynn Palca in Macau

 

The company founder Steve Wynn tried to purchase Crown Resorts with a mouth-watering offering of $7.1 billion which was declined by its owner.

 

Wynn has a love for gaming and interactive gambling which he is constantly pursuing with his WynnBet brand

 

16. MGM Resorts


Net Revenue: $12.9 billion

Stock ticker Code: MGM (NYSE)

Company Headquarters: Las Vegas, Nevada, United States

Current Number of employees: 74,500

Found Year: 1986

 

MGM Resorts is of the old brick-and-mortar gambling companies in the world established in the United States.

 

 

The company deals with some of the most essential physical casino properties that are including MGM Grand Garden Arena, Luxor, Excalibur, Mandalay Bay, and Bellagio.

 

They have a joint venture with Entain and Roar Digital. And Roar Digital operates one of the largest sports betting and gaming companies in the country called BetMGM

 

17. Score Media Gaming Inc


Revenue: $15.48 million

Stock ticker: SCR (TSE)

Headquarters: Toronto, Canada

Number of employees: 201-500

Found Year: 2012

 

Score Media and Gaming Group focuses on online gaming and sports betting. They are traded on Toronto Stock Exchange and it runs numerous gaming brands such as theScore SPort, theScore Esports, and theScore Bet.

 

They are strongly planted in the North American market and have a wave of sports betting legalization in the region to operate fully fledge. TheScore touts records 4.3 million users worldwide with its largest users from the United States and about 62% of the company player are also based there

 

 

18. Penn National Gaming


Revenue: $3.1 billion

Stock ticker: PENN (NASDA)

Headquarters: Wyomissing, Pennsylvania, United States

Number of employees: 18,754

Found Year: 1972

 

Penn National Gaming is one of the largest companies that rings a bell in the United States founded in the year 1972.

 

Penn owns about 43 properties in the United States and Canada and its most prominent among the Hollywood Casino and Barstool Sports

 

They started by building their first racehorse track and banking on newfound opportunities for horse racing and pari-mutuel betting.

 

19. DraftKings


Revenue: $750 million – $850 million

Stock ticker: DKNG (NASDAQ)

Headquarters: Boston, Massachusetts, United Status

Number of employees: 869

Found Year: 2012

 

DraftKings is one of the first companies to operate in the United State and North America which offers comprehensive daily fantasy sports DFS products to its audience.

 

DraftKings has on so many occasions benefited from the local laws and regulation-making the go-to sport betting company in their jurisdiction

 

DraftKings operates in several states in the US including PA, IL, NJ, CO, WV, TN, IA, and VA

 

They also offer DFS, sports betting, and casino products inclusive.

 

20. Boyd Gaming


Net Revenue: $4.68 billion

Stock ticker Code: BYD (NYSE)

Company Headquarters: Las Vegas, Nevada, United States

Current Number of employees: 25,000

Founded Year: 1975

 

Boyd Gaming is a well-known established company in the gaming industry. The company has generated over $4.68 billion in revenue.

 

The company is involved with numerous brick-and-mortar properties businesses as well as online gambling and sports betting since its inception.

 

Boyd Gaming is also in partnership with MGM Resorts giving them an increased swathe in the market.

 

It has over 25 casino and racino properties across the gaming and sports betting

Conclusion & What’s Next


We have discussed the Top 20 Largest Gambling Companies in the world (2022) which I believe have given you an insight into what the Gambling industry holds for any going into it as a specialty or for fun.

It is therefore advised that this is purely for education and knowledge-based.

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