Biggest Online Gambling Companies

It's no secret that the last 21 years have been monumental for online gambling. Over this time, many of the major players have transformed from fringe companies to massive corporations. Right now the industry has skyrocketed to be worth $35.97 billion, and there's no end in sight. On the contrary, the online gambling industry is set to grow to a staggering $66.59 billion by 2020. That unfathomable amount of money is creating a bonanza that's too enticing for many companies to ignore.

1. Largest Gambling Companies
2. Largest Casino Companies

This Top Video Game Companies ranking is based on analysis of annual and quarterly financial reports published by a number of relevant publicly listed game companies. For companies that do not split out. Biggest Online Gambling Companies This Israeli-owned company has risen from nothing. Gambling Giant #3: Playtech ($3.6 Billion Net Worth) – Ever since it was founded, this company has been hell-bent on dominating the industry. Top Dividend Stocks. The Casino segment focuses on owning and managing resort casinos. The company was founded in 1998 and is headquartered in Las Vegas, NV.

Now that the industry is being formalized, many companies are cashing in. These may seem like opportunists, but many of the leading companies have been involved since the late 90's. From bold newcomers such as Canada's Amaya Gaming Group to the pioneers, some companies stand out from the pack. Their net worths are larger than life, which makes them impossible to ignore.

For responsible punters, getting to know the leading players in the online gambling industry is essential. We know how important it is for our readers to stay informed, so we created this list. Prepare to get an intimate look at the biggest online gambling companies in the world. Their net worths are staggering, so get ready to see the industry's potential!

Biggest Online Gambling Companies

This Israeli-owned company has risen from nothing.

Largest Gambling Companies

Gambling Giant #3: Playtech ($3.6 Billion Net Worth) – Ever since it was founded, this company has been hell-bent on dominating the industry. Despite countless setbacks, Playtech has exploded in growth over the last few years. In 2015 alone, it grew from $3.32 billion to $3.6 billion. It was founded by Teddy Sagi in 1999, and was listed on the London Stock Exchange in 2006. Even though it was valued at £550 million, this company was just getting started. They created their legacy by providing top of the line online casino games that range from slots to sports betting.

They may have enjoyed explosive growth, but Playtech has also experienced its fair share of setbacks. Their founder Teddy Sagi was convicted of a slew of charges including insider trading. He ended up spending nine months behind bars, but emerged stronger than ever. One of their games Lakshmi Gold has also been accused of defaming Hindu deities. Ignoring the consternation of the Hindu community, this game is still online. Despite these hiccups, Playtech has a good reputation for taking care of its players.

Ever since its foundation this has been an empire.

Gambling Giant #2: William Hill ($4.95 Billion Net Worth) – Out of all the companies on the list, this one has been in the game the longest. The company first started in 1934, when their founder William Hill found a loophole in Britain's gambling laws. This allowed him to accept bets and create an empire that has lasted almost a century. When online gambling came about, William Hill was one of the first land based companies to switch over. Their unparalleled expertise allowed them to effortlessly dominate online gambling in Europe.

Just like all of the top names in the industry, William Hill has been the center of plenty of controversy. The company was under investigation by the Serious Fraud Office of Britain for accounting irregularities in the late 1990's. William Hill has also been accused of bribing top members of parliament to pass UK gambling tax structures in 2014. This forced out most of the smaller competition, and allowed William Hill and his syndicate to prosper.

Two of the biggest players in the game have united to dominate the industry.

Gambling Giant #1: Paddy Power Betfair PLC ($11.96 Billion Net Worth) – This behemoth company was formed by the merger of two of the biggest online betting companies in the world. Betfair and Paddy Power made history when they finalized their merger in February 2016. It's no secret why these companies decided to team up, since they were both game changers embroiled in controversy. Betfair revolutionized fixed-odds sports betting sites by allowing players to offer each other wagers. This led to them becoming the largest betting exchange on the internet, but they drew harsh criticism for charging winners.

Paddy Power was the largest gambling company in Ireland, that gained notoriety for their outrageous marketing campaigns. They started as three bookmaker's shops in 1988, and expanded aggressively ever since. They switched from land to online betting shops in the 1990's, quickly dominating the market. Their gung-ho marketing has repeatedly gotten them in trouble. From putting odds on Obama's assassination to species that would go extinct from oil spills, they're no strangers to controversy. Now that they have merged with an equally aggressive partner, this company is set to continue dominating online gambling.

The video gaming industry is one of the most competitive businesses in the world. Heavy-hitters like Sony and Microsoft are backed by decades of profit making in other electronics and computers. Other companies are on the list on the strength of strong sales for historically popular games. The newer players – mostly companies outside the US – are players in the mobile gaming divisions.

The entire industry made over $40 billion in revenue in 2018 according to Forbes Online. The top five game companies made most of that profit. The smaller companies struggle, and even some top publishers are laying off employees. There may be some changes in the bottom five on this list year to year, but the top five are probably there to stay.

1. Gung Ho Online

Source: Gung Ho Entertainment

This company has built its fortune in the online gaming market. It started business as a developer of an online auction site as a subsidiary of Japanese cell phone company Softbank. In 2000, the company switched to online gaming services, hosting servers in Japan for a MMOG. In 2013, it released an in-house developed mobile game, Puzzles & Dragons, which accounts for the majority of its revenue. It has also acquired other game publishers since it purchased back shares from Softbank.

Largest Casino Companies

Did You Know?

Puzzles & Dragons is the second-highest earning mobile game ever.

1. Ubisoft

Source: Gage Skidmore [CC BY SA 2.0] via Flickr

Ubi Soft was originally a family-owned, mail order hardware and software business run from the suburbs of Paris. It was a family business whose members soon recognized the growing interest in PC games. Ubi Soft developed some titles in-house that were successful in Europe but did not translate well overseas. Eventually, the company purchased rights to distribute other titles, which enabled them to buy Red Storm Games, the maker of a popular game based on the Tom Clancy novels.

Aside from the Assassin's Creed series, Ubisoft is known for the Far Cry series and Just Dance.

Did You Know?

Electronic Arts bought, and later sold, shares in Ubisoft.

1. King

Source: Iswjy1mcb [CC By SA 4.0] via Wikimedia Commons

King initially developed games that users could play within their web browser, eliminating the need to download and/or install software. That model didn't prove successful initially. However, the company found success producing games for use on social media platforms like Facebook.

Within social media gaming, King would make money via so-called 'micro-transactions' and through in-game advertising. Loyalty points twitch. This caused revenue growth of over $1 billion within two years.

Did You Know?

One of the co-founders of King sold his ownership stake years before the company became one of the top earners.

1. Namco Bandai

Source: Bandai Namco [Public Domain] via Wikimedia Commons

Namco was already a well-known arcade game company. Bandai, a toy maker and TV show producer, has some of the world's best-known brands, like Power Rangers. In 2005, the gaming divisions of the two companies merged.

The merged Namco Bandai Studios has some of the longest running and most popular console fighting games, such as Tekken and Soul Caliber. It also has released a number of games based on Bandai-owned IP like Dragonball and Gundam.

Did You Know?

Tragaperras com gratis sin descargar. The Bandai Namco manufacturing division is the largest toy company in the world based on revenue.

1. Electronic Arts

Source: King of Hearts [CC BY SA 3.0] via Wikipedia

Electronic Arts may be one of the most widely recognized brands in gaming culture. Former Apple employee Trip Hawkins started the company with financing and began producing a variety of games for the growing home computer market. It was a few years after the company began that EA began working on a pro football simulator that would spawn one of its more popular games, Madden NFL.

EA's sports games are what made the company a success. However, EA acquired a number of studios over time, producing or co-producing popular games from other subgenres.

Did You Know?

Former UCLA basketball star Ed O'Bannon sued EA for using his likeness without permission. EA settled with O'Bannon, but stopped making college sports games because of the suit.

1. Activision Blizzard

Source: Activision Blizzard [Public Domain] via Wikimedia Commons

Activision and Blizzard were separately to of the most successful game publishers and developers of the 1990s, with Activision being one of the oldest companies in the business. During a downturn in the home gaming industry, Activision was purchased by a tech CEO and regained market share.

Blizzard was a pioneer in the online, multiplayer strategy games like Warcraft. The French company Vivendi purchased Blizzard, and Activision later acquired Vivendi's gaming division, which included Blizzard.

Did You Know?

Activision was responsible for many of the earliest popular console games, including Pitfall first sold for the Atari 2600 in 1982. What is the best online casino.

1. Nintendo Company

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Nintendo was in the gaming business long before computers were invented, making playing cards, and later on, toys and arcade games. It entered the console game industry in the 1970s when it distributed the Odyssey console in Japan. In 1981, it developed and released Donkey Kong, the game that spawned the signature character Mario.

Nintendo is perhaps better known for the consoles and gaming devices it has created rather than its games. The company produced a console in 1977 before launching the Famicom, NES and Game Boy systems later.

Did You Know?

The French Culture Minister knighted Shigeru Miyamoto, the creator of Donkey Kong, in 2006.

1. Microsoft (Xbox Games)

Source: Pexels [CC0]

Bill Gates' company had always had an in-house game division that produced and published games with the MS-DOS operating system and for Windows. The company created a separate division for games in 2000 when it entered the console gaming arena and announced the Xbox.

Xbox Games develops and publishes games for the PC and for the console as well as publishing mobile and web browser games. It has also acquired Mojang, the developer and publisher of Minecraft.

Did You Know?

The Microsoft game Minesweeper has been included with every version of Windows (in some form) since 1992.

1. Tencent Games

Source: Public Domain

Tencent Games is a division of Tencent Holdings, a Chinese holding company with a variety of business interests, including online gaming. From the beginning, the gaming company focused on online and social media gaming to meet the interests of the growing Chinese mobile communications market. Its parent company has invested in a variety of game publishers and hosts.

Today the company continues to focus on online and mobile gaming and has its own streaming platform. It's the largest valued game company.

Did You Know?

Tencent's purchase of 40% of the company that makes Fortnite may make the company the largest in the world by revenue soon.

1. Sony Computer Entertainment (SCE)

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A division of electronics and entertainment conglomerate Sony, SCE began in 1993 when Sony announced the production of the Playstation game console. Since then, SCE has become the largest video game company in the world based on annual revenue.

SCE oversees the production of the hardware and peripherals for Playstation games. It is also the parent company of Sony Interactive Entertainment Worldwide (SIE), the company that oversees the production of Sony games. Many of the studios under SIE were acquired by takeover.

Did You Know?

Sony's revenue comes from its hardware, as it only placed two games (Marvel's Spider Man and God of War) in the top ten list in 2018.