Table of Contents
- Introduction
- Top Online Gambling Companies by Revenue
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- Flutter Entertainment Plc
- Bet365 Group Ltd.
- Entain Plc
- DraftKings Inc.
- MGM Resorts International
- Betsson AB
- Evoke Plc
- Playtech Plc
- Evolution AB
- Kindred Group Plc
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- Market Trends and Insights
- Conclusion
Introduction
The global online gambling industry has witnessed exponential growth, driven by technological advancements, regulatory changes, and increased internet penetration. As of 2025, several companies have emerged as leaders in the iGaming sector, generating substantial revenues and setting industry benchmarks. This article delves into the top online gambling companies worldwide, ranked by their revenue, and provides insights into their operations and market presence.
Several of these companies reached the top by forming strategic partnerships or acquiring other businesses. Others took alternative routes to boost their visibility, such as CasinoCanada’s collaboration with Ocean Spin. No matter the approach, they have successfully outperformed their competitors in revenue and recognition.
Top Online Gambling Companies by Revenue
- Flutter Entertainment Plc
- Headquarters: Dublin, Ireland
- Revenue (2024): £9.51 billion
- Key Brands: FanDuel, Paddy Power, Betfair, PokerStars, Sky Betting & Gaming
Flutter Entertainment stands as the world’s largest online gambling company by revenue. Its diverse portfolio caters to various markets, with FanDuel leading in the U.S. sports betting scene. The company’s strategic acquisitions and global expansion have solidified its dominant position in the industry.
- Bet365 Group Ltd.
- Headquarters: Stoke-on-Trent, England
- Revenue (2024): £3.7 billion
- Key Offerings: Sports betting, casino games, poker
Bet365 is renowned for its comprehensive sports betting platform and live streaming services. Despite being privately owned, it has achieved significant global reach, operating in multiple jurisdictions and serving millions of customers worldwide.
- Entain Plc
- Headquarters: London, England
- Revenue (2024): £4.3 billion
- Key Brands: Ladbrokes, Coral, Bwin, PartyPoker, BetMGM (joint venture with MGM Resorts)
Entain has established itself as a major player in both online and retail gambling sectors. Its joint venture with MGM Resorts, BetMGM, has been instrumental in capturing the U.S. market, contributing significantly to its revenue growth.
- DraftKings Inc.
- Headquarters: Boston, Massachusetts, USA
- Revenue (2024): $3.2 billion
- Key Offerings: Daily fantasy sports, sports betting, online casino
Originally a daily fantasy sports provider, DraftKings has successfully transitioned into a full-fledged online gambling operator. Its aggressive expansion strategy and technological innovations have propelled its rapid growth in the competitive U.S. market.
- MGM Resorts International
- Headquarters: Las Vegas, Nevada, USA
- Revenue (2024): $17.24 billion (total), with a significant portion from online operations
- Key Brands: BetMGM, MGM Grand, Bellagio
MGM Resorts has leveraged its strong brand recognition and extensive resources to establish a formidable online presence through BetMGM. The company’s integrated approach, combining land-based and online offerings, has been pivotal in its revenue generation.
- Betsson AB
- Headquarters: Stockholm, Sweden
- Revenue (2024): €1.11 billion
- Key Brands: Betsson, Betsafe, NordicBet
Betsson AB has a diversified portfolio catering to various markets across Europe and Latin America. Its commitment to responsible gaming and customer satisfaction has earned it a loyal customer base and consistent revenue streams.
- Evoke Plc
- Headquarters: London, England
- Revenue (2024): $1.75 billion
- Key Brands: 888casino, 888poker, 888sport, William Hill
Formerly known as 888 Holdings, Evoke Plc has expanded its global footprint through strategic acquisitions, including William Hill. The company’s diverse offerings in casino, poker, and sports betting have contributed to its substantial revenue.
- Playtech Plc
- Headquarters: Douglas, Isle of Man
- Revenue (2024): €1.85 billion
- Key Offerings: Online gaming software, casino, sports betting platforms
Playtech is a leading technology provider in the online gambling industry, supplying software solutions to numerous operators worldwide. Its innovative products and services have made it a cornerstone in the iGaming infrastructure.
- Evolution AB
- Headquarters: Stockholm, Sweden
- Revenue (2024): €1.46 billion
- Key Offerings: Live casino solutions, game shows
Evolution AB specializes in live dealer casino games, offering immersive experiences to players globally. Its focus on high-quality streaming and interactive gaming has positioned it as a leader in the live casino segment.
- Kindred Group Plc
- Headquarters: Valletta, Malta
- Revenue (2024): £1.26 billion
- Key Brands: Unibet, 32Red, Maria Casino
Kindred Group operates multiple brands across Europe and Australia, offering a range of gambling products. Its emphasis on sustainable gambling and regulatory compliance has fostered trust and consistent growth.
Market Trends and Insights
- Global Expansion: Companies are increasingly targeting emerging markets in Asia, Africa, and Latin America to diversify revenue streams.
- Technological Innovation: The integration of AI, VR, and blockchain technologies is enhancing user experiences and operational efficiency.
- Regulatory Developments: Evolving regulations, particularly in the U.S. and Europe, are shaping market dynamics and influencing strategic decisions.
- Responsible Gambling: Operators are investing in tools and programs to promote responsible gambling, aligning with societal expectations and regulatory requirements.
Conclusion
The online gambling industry in 2025 is characterized by rapid growth, technological advancements, and dynamic market shifts. The companies listed above have demonstrated resilience and adaptability, securing their positions as industry leaders. As the landscape continues to evolve, these operators are poised to capitalize on new opportunities and set benchmarks for innovation and responsible gaming.
Biggest Online Gambling Companies by Revenue in the World (2025)
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