The Giants of Online Gambling: A Breakdown of the Top 10 Casino Operators
The online casino industry is dominated by several large companies and owners that operate multiple brands across different jurisdictions.
Here are the top 10 biggest online casino owners or companies based on market presence, revenue, and influence in the industry.
Table of Contents
1. Flutter Entertainment
Flutter Entertainment is a global sports betting, gaming, and entertainment provider. It operates some of the most well-known brands in the online casino industry.
- Established: 2016 (from the merger of Paddy Power and Betfair).
- Employees: Around 16,000.
- Number of Brands: Over 30.
- CEO (2024): Peter Jackson.
- Key Brands: Paddy Power, Betfair, PokerStars, FanDuel, Sky Betting & Gaming.
- Market Reach: Worldwide, with a strong presence in Europe, the U.S., and Australia.
- Interesting fact: Flutter was the first gambling company to join the FTSE 100 index
- 2023 Revenue: £8.72 billion
- 2023 Net Income: £1.02 billion
More about Flutter Entertainment in our blog section.
2. Entain (formerly GVC Holdings)
Entain is one of the world’s largest sports-betting and gaming groups, operating both online and in the retail sector.
- Established: 2004.
- Employees: Around 31,000.
- Number of Brands: Over 30.
- CEO (2024): Gavin Isaacs.
- Key Brands: Ladbrokes, Coral, Bwin, PartyCasino, BetMGM (joint venture with MGM Resorts).
- Market Reach: Strong presence in Europe, Australia, and the U.S.
- Interesting fact: Entain is a leader in responsible gambling initiatives
- 2023 Revenue: £4.42 billion
- 2023 Net Income: £102.9 million
If you want to know more about Entan please read longer review in our blog on wolfcasinoguide.com.
3. Bet365 Group Ltd
Bet365 is a privately held online gambling company and one of the biggest players in the online casino and sports betting industry.
- Established: 2000.
- Employees: Over 5,000.
- Number of Brands: Primarily operates under Bet365.
- CEO (2024): Denise Coates (Founder and Joint Chief Executive).
- Key Brands: Bet365 Casino, Bet365 Sports.
- Market Reach: Worldwide, with significant market share in Europe and Asia.
- Interesting fact: Denise Coates, the founder and CEO, is often cited as one of the highest-paid executives in the UK
- 2023 Revenue: £3.39 billion (for year ending March 2023)
- 2023 Net Income: £327 million
4. Kindred Group
Kindred Group is a leading online gambling operator with a diverse portfolio of brands. If you want to know about this company I created a blog about Kindred Group.
- Established: 1997.
- Employees: Over 2,000.
- Number of Brands: 9 brands.
- CEO (2024): Nils Andén (interim CEO as of 2023).
- Key Brands: Unibet, 32Red, Maria Casino, Bingo.com.
- Market Reach: Europe, Australia, and parts of the U.S.
- Interesting fact: Operates in over 100 countries
- 2023 Revenue: £1.21 billion
- 2023 Net Income: £91.8 million
5. 888 Holdings
888 Holdings is a global online gaming entertainment company.
- Established: 1997.
- Employees: Around 1,600.
- Number of Brands: Over 10.
- CEO (2024): Per Widerström (appointed in 2023).
- Key Brands: 888casino, 888poker, 888sport, Wink Bingo.
- Market Reach: Worldwide, with a strong presence in Europe and the U.S.
- Interesting fact: One of the first companies to offer online casino games
- 2023 Revenue: $1.75 billion
- 2023 Net Income: -$155 million (operating loss)
6. Evolution Gaming Group
Evolution is a leading provider of live casino solutions, and it also operates through brands acquired from NetEnt and Red Tiger Gaming.
- Established: 2006.
- Employees: Around 17,000.
- Number of Brands: 3 key brands (NetEnt, Red Tiger, Evolution).
- CEO (2024): Martin Carlesund.
- Key Brands: NetEnt Casino, Red Tiger, Evolution Live Casino.
- Market Reach: Global, focusing heavily on Europe and North America.
- Interesting fact: Pioneered many live casino technologies and game formats
- 2023 Revenue: €1.87 billion
- 2023 Net Income: €839.5 million
7. Betsson AB
Betsson AB is a Swedish company that owns several popular online casino and sportsbook brands.
- Established: 1963.
- Employees: Over 2,000.
- Number of Brands: Over 20.
- CEO (2024): Pontus Lindwall.
- Key Brands: Betsson, NordicBet, CasinoEuro.
- Market Reach: Europe, Latin America.
8. William Hill (part of 888 Holdings)
William Hill is a traditional bookmaker that expanded significantly into the online space and was acquired by 888 Holdings.
- Established: 1934.
- Employees: Around 12,000 (before acquisition by 888 Holdings).
- Number of Brands: 2 key brands (William Hill, Mr Green).
- CEO (2024): Per Widerström (as part of 888 Holdings).
- Key Brands: William Hill Online, Mr Green.
- Market Reach: Strong presence in the U.K., U.S., and Europe.
- Interesting fact: One of the oldest bookmakers in the UK, founded by William Hill himself
- 2023 Revenue: Integrated into Caesars Entertainment’s financials.
9. Playtech
Playtech is one of the world’s largest suppliers of online gaming and sports betting software, and it also operates B2C brands.
- Established: 1999.
- Employees: Over 6,000.
- Number of Brands: Operates multiple B2C brands and supplies software.
- CEO (2024): Mor Weizer.
- Key Brands: Playtech Casino, Sun Bingo, Coral Casino (software provider).
- Market Reach: Europe, Asia, and expanding into the U.S.
- Interesting fact: Known for its omni-channel gambling technology
- 2023 Revenue: €1.69 billion
- 2023 Net Income: €277.9 million
10. LeoVegas Group
- Established: 2011.
- Employees: Over 1,000.
- Number of Brands: 5 key brands.
- CEO (2024): Gustaf Hagman (Co-founder and CEO).
- Overview: LeoVegas Group is known for its focus on mobile casino gaming and operates several brands.
- Key Brands: LeoVegas, Royal Panda, GoGoCasino.
- Market Reach: Europe, particularly strong in the Nordic countries.
Also worth to mention top operators of online casinos in my opinion:
DraftKings
- Established: 2012
- Employees: Approximately 3,400
- Number of brands: Primarily operates under the DraftKings brand
- CEO in 2024: Jason Robins
- Top 5 brands/websites: DraftKings Sportsbook, DraftKings Casino, DraftKings DFS, DRIVE by DraftKings, DraftKings Marketplace
- Interesting fact: Started as a daily fantasy sports platform before expanding into sports betting and online casino
- 2023 Revenue: $3.67 billion
- 2023 Net Income: -$802 million (operating loss)
Light & Wonder
Formerly Scientific Games Corporation.
- Established: 1973
- Employees: Approximately 5,000
- Number of brands: Multiple, primarily B2B
- CEO in 2024: Matt Wilson
- Top 5 brands/websites: SG Digital, OpenBet (divested), Bally, WMS, Shuffle Master
- Interesting fact: Rebranded from Scientific Games to Light & Wonder in 2022 to focus on gaming
- 2023 Revenue: $2.51 billion
- 2023 Net Income: $189 million
These companies control significant market shares, operate in multiple jurisdictions, and have extensive portfolios of online gaming brands.
They are considered the biggest players in the online casino industry based on their reach, revenue, and brand influence.
FAQ
1. What is the largest online casino company in the world?
One of the largest online casino companies is Flutter Entertainment, established in 2016, with over 16,000 employees and more than 30 brands, including Paddy Power, Betfair, and PokerStars.
2. Which online casino company leads in responsible gambling initiatives?
Entain (formerly GVC Holdings), established in 2004, is known for being a leader in responsible gambling initiatives. It has around 31,000 employees and over 30 brands, including Ladbrokes, Coral, and Bwin.
3. Which company is the highest-paying online gambling executive from?
Denise Coates, founder and CEO of Bet365 Group Ltd, is one of the highest-paid executives in the UK. Bet365 was established in 2000, employs over 5,000 people, and primarily operates under the Bet365 brand.
4. Which online casino company is known for its focus on live casino technology?
Evolution Gaming Group, established in 2006, is a leader in live casino technology, operating key brands like NetEnt, Red Tiger, and Evolution. The company employs around 17,000 people.
5. Which company has a significant market presence in mobile casino gaming?
LeoVegas Group, established in 2011, is known for its strong focus on mobile casino gaming. It employs over 1,000 people and operates brands like LeoVegas, Royal Panda, and GoGoCasino.
