Online casinos have become one of the biggest industries in the online world. The biggest organisations in the industry are titans, worth billions of dollars yearly and operating worldwide.
Some have been built up over time by savvy mergers and investments, others by runaway success in niche markets. But who are these big names in the world of online casinos? There are a few main contenders to look at, so today we’re going to look at some of the biggest names in online casinos. Let’s get started.
- Flutter Entertainment
One of the largest and most profitable online casino platforms in the world is Flutter Entertainment. The company is currently value at around £5.2 billion and owns a great many different brands under one umbrella. Online casino services like Full Tilt Poker, PokerStars, and many more are operated and owned by Flutter Entertainment.
Even though online casinos only make up part of their portfolio, they are still one of the biggest names in online casinos today. Their headquarters are in Dublin, and they currently employ around 13,000 people worldwide.
- Caesars Entertainment
Founded in 1996 and headquartered in Reno, Nevada, Caesars are another of the biggest names in worldwide online casinos. They became one of the bigger companies in the world for these services after their acquisition of Caesars in 2020, by what was then known as El Dorado resorts. They are worth around $3.5 billion USD today, and a number of brands such as Horseshoe and Tropicana fall under their umbrella.
Globally, they employ around 21,000 people to maintain and run their services.
- Evolution
A running theme throughout the giants of the online casino industry is these hefty mergers—and the Evolution group is no exception. Mergers and Acquisitions were rife in 2020 for a number of reasons, and this was when the Evolution group acquired NetEnt.
Some controversy regarding Evolution’s treatment of the former company’s employees notwithstanding, they quickly became one of the biggest names in online casinos. The company is currently valued at around €560 million, headquartered in the Swedish capital, Stockholm.
After their acquisition of NetEnt, the company’s profits soared by 53%. Today, they remain one of the premium global names in online casinos, running a wide range of games on many services. Founded in 2006 and employing around 6,000 people, they are not quite on the same scale as some of the others in this list, but are no doubt big players globally.
- Las Vegas Sands
Founded way back in 1988 by famous casino magnate Sheldon Adelson, Las Vegas Sands has been a true innovator in the sector for decades, and it’s no surprise that they are still one of the top names in online casinos today. They are currently valued at around $3.6 billion USD, and are headquartered in Nevada—Las Vegas, no less, the home of the casino.
They employ 50,000 people globally and offer a huge variety of online casino services to their patrons. Even after global revenue fell by around $10 billion in 2020, and a good deal of their services are offered physically, they are still a huge name in online casinos.
- Entain
Another result of hefty mergers and acquisitions, the Entain group again represents a large number of online casino services across the world. Within Ireland alone they rank amongst the top online casinos, with brands like Coral and Ladbrokes. They are worth around €3.57 billion and employ around 24,000 people worldwide. They have led the industry in many ways including player well-being, and this has reflected well in their popularity.
They were founded in 2004 as GVC holdings and have since rebranded with a mind to sustainability and well-regulated betting markets. Their performance since 2020 has been massively bolstered by their online services and are today one of the biggest names in online casinos. There’s a good chance you’ve played a game under their umbrella if you’re a prolific online casino player.
There are more than a few ways of determining who is the biggest name in online casinos. The most obvious is revenue, of course, but we must also look at how widespread the companies are, operating in how many countries, and how many people they employ. The companies above excel in every category, and are undoubtedly some of the biggest names in online casinos.
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