Top 3 Largest Gambling Companies In The United States [New Case Study]

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You have reached the Ultimate List of the Most Outstanding Gambling Companies, curated by our financial experts.

In this guide, you’ll have access to information from three of the biggest casino companies that have revolutionized the way we play.

The best part? You will get a comprehensive overview of the history of the gaming industry and how it has evolved from a simple form of entertainment to a multi-billion business (quickly moving to the online environment).

Let’s dive into it.

Why is iGaming important?

Not so long ago, the gaming industry consisted of land-based casinos and sports betting terminals. Gambling was considered an exclusive activity, and only the wealthy would have enough money to bet on casino games (at least in legal places).

Nowadays, mainly thanks to advancements in technology, anyone with a smartphone and a solid internet connection can join a gaming session in a matter of minutes.

Experts call this phenomenon the iGaming revolution.

Simply put, iGaming refers to any gaming activity conducted online. These include online betting, live dealer games, virtual slots, and any other casino games that can be played on the web.

According to Technavio market research, the expected CAGR for 2025 is expected to increase to 11.25%. But why are these predictions so optimistic?

Well, there are a few factors that are contributing to the digitization of gaming:

  1. Everyone has access to smartphones and tablets with an Internet connection;
  2. The United States is rapidly legalizing online gambling in more states;
  3. People love convenience, and iGaming offers a solution that doesn’t require driving to the casino.

The iGaming industry is essential for the revenue growth strategies of casinos as it provides them with a new source of traffic with more advantages than disadvantages. Some old school gamers may claim that online casinos spoil the fun, but they probably haven’t noticed that most of our time is spent in front of a digital screen.

Therefore, it would make sense for the iGaming industry to continue to grow and attract more players to the online environment while quickly surpassing the traffic potential of the land-based casino industry.

1. A better collective

  • Founded in: 2004
  • Returned: $ 191.09 million
  • Headquarter: Copenhagen, Denmark
  • Returns since the beginning of the year: 66%

Better Collective is an iGaming media that aims to educate consumers about responsible gaming.

The company currently operates in over 30 languages ​​and has 12 offices around the world. They promise to empower players by providing them with tools and learning materials to increase their casino and betting knowledge.

Their goal is to make gambling a responsible business by providing fair and transparent reviews to help the user make a more informed decision and know what to expect when placing bets online.

Some of Better Collective’s products include Expert Betting, HLTV, and Vegas Insider. These platforms have already served millions of players, helped them with their addiction, and helped them engage in a fun and well-researched casino experience.

2. Bet365

  • Founded in: 2001
  • Returned: $ 4.14 billion
  • Headquarter: North Staffordshire, United Kingdom
  • Returns since the beginning of the year: N / A

Considered one of the most profitable sports betting platforms in the world, Bet365 is a large company operated by the UK’s highest paid CEO Denise Coates. Rough estimates show that his salary is around $ 585 million per year.

Despite hit revenue last year due to lockdown restrictions, the company continues to thrive and grow its user base on a daily basis. As a result, bet365 holds the title of “Operator of the Year” awarded by eGaming Review magazine in 2010.

Their main product is online sports betting, which covers a wide range of betting markets including fantasy sports, esports, and reality events. They also provide an online casino platform where non-wagerers can enjoy slots, live table games, and other casino titles.

3,888 titles

  • Founded in: 1997
  • Returned: $ 849.7 million
  • Headquarter: Gibraltar
  • Returns since the beginning of the year: 67%

If you’ve ever played online, you might have heard of 888 Holdings.

This international online casino operator is widely regarded as one of the world’s largest gambling companies. Their products cover a variety of casino games including sports betting, poker, and in-house developed slots.

Although stock 888 was underperforming in 2020, CEO Itai Pazner said he had optimistic expectations for the future. The fall in prices is mainly linked to recent investments to expand the activity into new markets.

The 888 casino is also building a solid reputation by sponsoring various sporting events such as the Portuguese Grand Prix. They also struck a deal with Caesars and the World Series of Poker, remaining the official title sponsor until 2026.

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