Top 10 Richest Betting Companies in the world 2024

Top 10 Richest Betting Companies in the world 2024: The sports betting industry keeps growing leaps and bounds every single year. The industry is currently worth about 71.53 billion. A lot of the betting companies are making it big in the game.

The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. In this article, we will be bringing to you the top 10 richest betting companies in the world

Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and illegal, underground cockfighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards.

Top 10 Richest Betting Companies in the world

GVC Holdings – $4.33 billion

Entain plc, formerly GVC Holdings, is an international sports betting and gambling company. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It owns brands such as bwin, Coral, Ladbrokes, PartyPoker, and Sportingbet.

GVC Holdings was founded in Luxembourg in 2004 as Gaming VC Holdings. The company is headquartered in the Isle of Man and has licences in more than 18 countries. GVC Holdings generated revenues of USD 4.33 billion last year, making it one of the largest sports gambling companies by revenue in the world.

GVC operates consumer-facing brands in the online gambling industry, including sports labels such as Ladbrokes Coral Group, bwin, Sportingbet, Betboo, Gamebookers, VistaBet, Neds, and more. The company also operates Games labels such as partypoker, PartyCasino, and more.

GVC Holding is valued at $4.33 billion and is the richest betting company in the world.

Top 10 Richest Betting Companies in the world

Bet365 – $3.99 billion

Bet365 Group Ltd is a leading British online gambling company based in the United Kingdom. It was founded by Denise Coates, who remains the majority shareholder and joint-chief executive alongside her brother, John.

In addition to the company headquarters in Stoke-on-Trent, Bet365 have further offices in Manchester, Gibraltar, Malta, Bulgaria and Australia. The group employed over 4,000 people as of 2020

Scientific Games – $3.36 billion

Light & Wonder, Inc., formerly Scientific Games Corporation (SG), is an American corporation that provides gambling products and services. The company is headquartered in Las Vegas, Nevada, with lottery headquarters and production plant in Alpharetta, Georgia.

Light & Wonder’s gaming division provides products such as slot machines, table games, shuffling machines, and casino management systems. Its brands include Bally, WMS, and Shuffle Master.

Top 10 Richest Betting Companies in the world

Flutter Entertainment – $2.64

Flutter Entertainment plc is an Irish bookmaking holding company created by the merger of Paddy Power and Betfair, and the later acquisition of The Stars Group. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index.

It operates under various brands including Adjarabet, BetEasy, Betfair, FanDuel, Fox Bet, Full Tilt Poker, Paddy Power, PokerStars, Sky Bet, Sportsbet.com.au, Timeform and TVG Network.

William Hill PLC – $ 2.28 billion

William Hill Limited is a global online gambling company based in London, England. The company was founded by William Hill in 1934. It changed hands many times, being acquired by Sears Holdings in 1971, then by Grand Metropolitan in 1988, then by Brent Walker in 1989.

Top 10 Richest Betting Companies in the world

The Stars Group – $2 billion

Stars Interactive, the online gaming division of The Stars Group, was headquartered in Onchan, Isle of Man where PokerStars had an office since 2005, almost five years after its inception. It held licences or related approvals to operate from 17 jurisdictions and offers its products and services in Europe, North America and elsewhere. In the jurisdictions where it operates, it either maintained a local licence or approval or used multi-jurisdictional licences issued by the Isle of Man or Malta.

Playtech gambling – $1.75billion

Playtech plc is a gambling software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming, live dealer games and fixed-odds arcade games online. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Kindred Group casinos $1.28 billion

Kindred Group casinos is home to nine gambling brands, trusted by millions of customers around the world. Each of their brands has its own unique offering and identity, built around the fundamental need to keep players safe whilst offering a thrilling entertainment experience.

Top 10 Richest Betting Companies in the world

888 Holdings -$560 million

888 Holdings PLC, known commonly as 888.com, is a public company which owns several popular gambling brands and websites, including 888sport, 888casino and 888poker. 888 is based in Gibraltar.

The business was founded in May 1997 by Israeli entrepreneurs Avi and Aaron Shaked and Shay and Ron Ben-Yitzhak, two sets of brothers, as Virtual Holdings Limited. The company’s first website, Casino-on-Net was launched at that time, and the administrative centre was established in Antigua. In 2002 Reef Club Casino and Pacific Poker followed. In 2003 its administrative centre was moved to Gibraltar.