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Top 10 Online Gambling Companies in the World

Top 10 Online Gambling Companies in the World
The global online gambling market is largely dominated by International Game Technology, GVC Holdings, Bet365, Scientific Games, Paddy Power Betfair, and William Hill.
 
Based on the overall revenue of the top 10 online gambling companies in the world are:
  1. International Game Technology PLC : USD 4.83 billion
  2. GVC Holdings PLC (Ladbrokes Coral Group) : USD 4.14 billion
  3. bet365 : USD 4.03 billion
  4. Scientific Games : USD 3.36 billion
  5. Paddy Power Betfair : USD 2.64 billion
  6. William Hill PLC : USD 2.28 billion
  7. The Stars Group : USD 2.02 billion
  8. Playtech : USD 1.75 billion
  9. Kindred Group PLC : USD 1.28 billion
  10. 888 Holdings PLC : USD 0.54 billion
After the implementation of the Gambling (Licensing and Advertising) Act 2014 (2014 Act), Great Britain has become the biggest regulated online gambling market in the world. According to Gambling Commission UK, in 2017 online gambling sector (apart from National Lottery and other lotteries) remains to be the single largest sector accounting for 34% (£4.7bn) of the £13.8bn total gross gambling yield of the British gambling market.

In the EU alone, online gambling had a 20.7% share of the total EU gambling market activity, while 79.3% was land-based, including lotteries, casinos and bookmaker shops.
 
Online Gambling Market Share in European Union by Form
Source: European Gaming and Betting Association
 
In U.S., Nevada, the only state where sports betting had been legal before last year’s Supreme Court of U.S. ruling that struck down a federal ban on the practice and paved the way for its legalization in several other states. Now the U.S. Wire Act bars all internet gambling that involves interstate transactions, withdrawing its position from 2011 that only sports betting was banned under the law passed 50 years earlier. New Jersey and other states that now allow sports wagering to restrict those activities to individuals physically within the state.
 
Top 10 Online Gambling Companies in the World
 

1.International Game Technology (IGT) PLC: (HQ: London, England)

IGT operates and provides an integrated portfolio of innovative gaming technology products and services, including lottery management services, online and instant lottery systems, instant ticket printing, electronic gaming machines, sports betting, digital gaming, and commercial services. The company has reported overall revenue of USD 4830 million in 2018 which is a drop of 2.03% from 2017.

2.GVC Holdings PLC: (HQ: Douglas, Isle of Man)

GVC Holdings PLC is a sports betting and gaming company operates both business-to-consumer (B2C) and business-to-business (B2B) markets. The Company operates under various brands in the gaming sector, including bwin, sporting bet and Foxy Bingo. According to a recent report, the online gaming portion of GVC’s hints that the gambling giant could be gearing up to introduce its partypoker brand to Nevada’s regulated market. In 2018, the company reported €2,935.2 million in revenue.


3.Bet365: (HQ: Stoke-on-Trent, England)

Bet365 was started by Denise Coates in 2000. She transformed a small chain of betting shops in Stoke in central England owned by her father Peter, into an online betting giant. Bet365 claims to have more than 35 million customers, making it the world’s one of the largest online gambling company. The company has reported overall revenue of £ 2.86 billion in 2018. Bet365 does not provide a geographical breakdown of its operations or revenues but it is estimated that three-quarters of income comes from international operations.

4.Scientific Games: (HQ: Las Vegas, Nevada)

Scientific Games Corporation is a U.S. based company that provides gambling products and services to lottery and gambling organizations across the globe. The product range includes 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. The company has reported overall revenue of USD 3363.2 million in 2018 which is increased by 9.09% from 2017.

5.Paddy Power Betfair: (HQ: Dublin, Ireland)

Paddy Power operates across the UK and Ireland, where it is one of the most popular sports betting brands. Company’s business is fortified by its fast, easy-to-use betting app; one of the most vibrant retail estates in the sector; and a marketing operation that is globally renowned for its distinct brand of mischief-making. Company's returns to shareholders in 2018 totaled £584m through dividends and share buybacks. The company has reported overall revenue of £1.87 billion in 2018.

6.William Hill PLC: (HQ: London, England)

William Hill PLC is one of the world's leading betting and gaming companies, employing more than 15,500 people. It was started in the UK where it was founded in 1934, and where it is listed on the London Stock Exchange. 2018 was a pivotal year for William Hill. Regulation indeed the core of existence which are the reasons of ups and downs. For 2019, the company believes, they not only have regulatory clarity but also stable leadership, passionate people, a clear strategy and a robust balance sheet to support investment. The company has reported overall revenue of £1.62 billion in 2018.

7.The Stars Group: (HQ: Toronto, Canada)

The Stars Group is a global leader in the online and mobile gaming and interactive entertainment industries, entertaining millions of customers across its online real- and play-money poker, gaming and betting product offerings. The Stars Group’s primary business and source of revenue is its online gaming and betting business. The Stars Group’s growth and innovation plans in its online gaming and betting business are supported by its technology strategy.  The company has reported overall revenue of USD 2.2 billion in 2018 which is increased by 55.38% from 2017.

8.Playtech PLC: (HQ: Douglas, Isle of Man)

Playtech plc supplies online gambling and gaming software. The Company and its subsidiaries develop software platforms for the online and land-based gambling industry. Its gaming applications include online casino, poker, and other pay to play games, bingo, mobile, live gaming, land-based terminal and fixed-odds games. Its segments include Gaming and Financial. Its Gaming segment includes Casino, Services, Sport, Bingo, Poker, and Land-based. In the annual report, the company claims that strategic decisions helped the company to achieve regulated revenue, which increased to 80% of Group. Company's core business model remains strong with 11% growth in regulated B2B Gaming revenue. The company has reported overall revenue of £1.24 billion in 2018.

9.Kindred Group plc (HQ: Malta)

Kindred Group, which was formerly known as Unibet Group Plc, is an online gambling service provider. The Company provides sports betting, poker, casino, and other Internet games. Kindred Group serves customers across the globe. Kindred is one of the largest online gambling operators in the European market with over 24 million registered customers worldwide. Company has now licensed in Sweden in accordance with the new Gambling Act, effective from 1 January 2019. Additionally, the company has applied for a license in New Jersey in the USA and looking for expansion. The company has reported overall revenue of £907 million in 2018.

10. 888 Holdings PLC (HQ: Europort, Gibraltar)

888 Holdings PLC, also popular as 888.com, is a public company which mainly operates through several popular gambling brands and websites. Established in 1997, 888.com quickly developed its brand and reputation as the market leader in the global online gaming industry. 888 provides customers and B2B partners alike with market-leading and innovative online gaming products that are localised and multilingual. The company also claims that its gaming platform is completely safe and secure from online threats. The company has reported overall revenue of USD 540.6 million in 2018.
 
 
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