Gambling has scaled higher heights in the recent past, thanks to technology which has seen online betting become a norm. With many people looking at wagering as a form of investment and entertainment, the entire industry is reaping billions of dollars. Consequently, bookmarking companies are cropping here and there every single day. Read this article to know some of the largest betting firms in the world.
Which are the Largest Gambling Companies in the World?
Mega betting companies tend to own more than one casino site, offline and online. In addition, a giant bookmarking platform offers multiple varieties of gaming content that come with a conglomerate of features. The biggest bookmarker is also likely to have more revenue. This is in terms of capital and profits compared to minute wagering firms. The number of employees of a gaming firm also determines its size. Some of the largest gaming firms include the following;
1. Evolution Gaming
Evolution Gaming is the world’s 536th worthy company as per the international market capitalization report. The company currently values at $36.76 Billion and it employs nearly 7000 employees. The Sweden-based betting company is arguably the world’s number one producer and marketer of video streamed casino games. The giant game provider has a solid customer base of over 500 gaming platforms operators. With an annual growth rate of 38%, this game maker is arguably at the top of the industry.
2. IGT Gaming
International Game Technology is a giant game provider headquartered in London, United Kingdom. Records show that the global gaming machine manufacturer has net revenue of $2.2 Billion. With a team of 12000 employees, this mega-firm is racing towards the peak of the industry. The game developer is registered in the New York Stock Exchange and is constantly partnering with other firms to ensure it is continuously scaling the heights of the gaming industry.
3. Scientific Games
Established in 1973, Scientific Games has secured its place as a global manufacturer of sport betting products. With revenue record of $3.37 Billion and 10,000 employees, the US company celebrates itself as one of the top firms in the global gaming industry. Every year, this gaming products provider records increased profit margins, thanks to its focus on innovation. It is because of the vision of innovation and quality that the firm is considered the oldest yet relevant provider of gaming products in the modern gaming industry.
4. 888 Holdings PLC
Based in Gibraltar, 888 Holdings is a public gaming company. It recently recorded a revenue standing of almost 600 Million Euros. The firm is known for its versatile collections of online casino games, most of which players can play at Zimpler Casino. Its sports betting products, including hundreds of card games are played in different parts of the globe. This renowned game provider was established in 1992, and since then, it has proved itself a success in the betting industry. With its thousands of employees and tens of partnerships, this game developer’s stay at the top of the betting sector is justified.
5. Flutter Entertainment
Flutter entertainment is the name behind popular igaming brands like Bet Easy, Poker Stars, Sky Bet and others. Headquartered in Ireland, this reputable entertainment organization enjoys impressive revenue of 4.39 Billion Euros and a customer basis that is spread throughout the entire world. The company has partnered with popular brands like The Stars Group, a move that has seen it enjoy profits year in year out.
The Takeaway
Different gambling companies employ different strategies to stay on top of the game in the betting industry. While some work on mergers, others aim to diversify their gaming content to reach out to as many punters as possible.