Online gaming is a very serious business, just in case you didn’t know. You can earn a lot of money just by depositing cash and playing fun games on an online game. However, this is just one of the many reasons why many players turn to online gaming.
The rapid surge of the online casino industry has been feed up by several innovative companies. These companies could also make a fortune from their investments in the industry. Today we are going to look at the richest online casinos in the world.
888 HOLDINGS PLC.
A top listed company that earned $849.7 million in 2020. It was founded in 1997 in the United States by two Israeli brothers. The company was initially called Virtual Holdings and remained so until 2002 when it was transformed into a gaming platform. The company headquarters were also moved from the United States in 2006 due to unfavorable laws. Today, 888 Holdings is headquartered in Gibraltar and operates under a gaming license from the country.
One of the most popular names in the online gaming industry. The company was founded in 1997 by Ander Storm and presently based in Malta and also have many branches across Europe. It is one of the huge online gaming industry in the world today with over 2000 employees and earned £751.4 million in 2017.
It is one of the oldest gaming company in the world which is founded in 1967. Since then, Bet Fred's growth has been on an uptrend. It has also never changed hands or undergone any mergers. It's a good testimony of how well it went. The company earned £810 million in 2019. Bet Fred is located in Gibraltar and offers various gambling products such as online casino, horse racing, pools, bingo, lottery and more.
This gaming company has been in existence since 1934 and earned £1.3 billion in 2020. However, gambling was still prohibited in the UK during that period so the company had to change ownership multiple times. The company became a subordinate of Caesars Entertainment in April 2021 but still have main office in London and have a workforce of about 12000 employees.
THE STAR GROUP
This company was stablished in 2001 and become one of the biggest gaming companies by buying other companies in the industry. The Stars Group earned $2 billion in 2018.
It is the third wealthiest online gaming company in the world with £2.98 billion revenue in 2019. It is a British company which located in Stoke on Trent. It may founded only in 2000 but with the advancement of technology in gaming industry, the company experienced an immense growth which is present in over 200 countries around the world.
It is also known as GVC Holdings which established in 2004. This company is based in the Isle of Man and operates from over 18 countries with license. Also the company has workforce of over 2800 employees in different locations across Europe.
FLUTTER STARS GROUP
This company have several mergers over the years and they combine their experience, customer base, and income to create a better and more profitable business. With the huge contribution of the group of companies that came together for merge such as Sky bet, Paddy Power, Betfair and more, the Flutter Stars Group became successful with £3.8 billion revenue.
Online gaming is very famous nowadays and the competition in the industry is very stiff, and those company listed above are the top richest online casinos around the globe.