10 Biggest Casino Companies in the World

Casinos date back to the 17th century, but it was not until the 1600s that controlled gambling started making headlines. Fast forward years later, the gambling and gaming scene is flooded by established companies raking in millions of dollars annually, with their revenue growing at a minimum CAGR of 10%.

While some brands have remained docile or washed out with time, others have managed to grow into multi-billion-dollar conglomerates with their reach spanning the seven continents. This read dives into the top 10 biggest casino companies in the world that have managed to survive the harsh gambling climate to become renowned in the gaming scene.

Caesars Entertainment

Despite the prevalence of top online casinos, finding the right gaming site that suits your needs can be an uphill task. However, Caesars Entertainment, a gaming company, made its fortune by offering players the best online casino and land-based services with everything you need to enjoy casino gaming.

Caesars started operating in 1996 as Eldorado Resorts until 2020 when it rebranded to its current name. The corporation is valued at approximately $3.47 billion and has a long list of 21,000+ employees. Apart from thriving online casinos, Caesars owns many resorts, including the Horseshoe group of hotels. The company continues to grow its portfolio, providing clients with fantastic services.

Evolution Gaming

Despite being founded in 2006, Evolution Gaming has overtaken multiple companies that came before it to appear on this list of world’s best casinos. The company works closely with multiple organizations, including the Malta Gambling Authorities, eCOGRA, and BeGambleAware, to provide its clients with a memorable gaming experience.

Unlike most companies on this list, Evolution is more inclined towards online gambling and is behind some of the top live casino titles you will find in thousands of online casinos worldwide. In 2020 the company’s revenue rose by 53% hitting €561.1 million.

The same year, Evolution Gaming acquired NetEnt, one of the top online software providers. With 6,000+ employees, it is safe to state that Evolution is not just one of the biggest casino companies in the world but also the fastest-growing corporation in the industry.

Las Vegas Sands

Las Vegas Sands is an established 1988 company, started by Sheldon Adelson, the late casino mogul, with a mission of providing players with an exemplary gambling environment. This saw the development of Las Vegas Sands both in Macau and Las Vegas, where it is headquartered.

What followed was property acquisition by the company in different regions and job opportunities for locals and foreigners. As we speak, Las Vegas Sands has a catalog of 50,000 employees with a revenue of approximately $3.61 billion. It is also the parent company of multiple subsidiaries, including Venetian Casino Resort, Sands China, and Fortis Games, a company behind some of the most interactive online casino games.

Bet365

Both new and seasoned casino gamers know that picking a fair and honest gambling site is one of the first steps when getting started at online casinos. With this in mind, Bet365 established itself as a reputable and dependable online casino. Despite being headquartered in North Staffordshire, United Kingdom, Bet365 serves a much broader market that extends to multiple African and Asian countries.

The company continues to grow strong courtesy of its CEO and founder Denise Coates who is considered one of the best-paid female Chief Executive Officers in the UK and the world. Even with an 8.2% dip in the fiscal year 2019 – 2020, Bet365 managed to bring in a decent £2.81 billion in revenue. This is thanks to the efforts of its 4,600+ employees.

Entain

Entain is one of the biggest casino companies that has been around since 2004 while it was still going by GVC Holdings. The corporation is headquartered at Douglas, Isle of Man, with approximately 24,000 employees working directly and indirectly with the company.

As one of the most reputable FSTE100 gaming companies, Entain has ventured into multiple sectors of the industry for sustainability purposes.

Furthermore, it is among the few casino companies that put players’ well-being first, a decision that has seen it thrive in the competitive industry. The company’s market value is estimated at €3.57 billion, with a big chunk of its success credited to its online gambling ventures.

888 Holdings

It is impossible to mention the top 10 biggest casino companies without including 888 Holdings, an established corporation that has been growing strong since 1997. The corporation is behind some of the biggest casino brands, including gambling websites like 888sport, 888poker, and 888casino.

888 Holdings also owns two of the largest online bingo companies, 888bingo and Wink Bingo, among other top-tier brands. In 2021, the company was valued at approximately 980.1 million.

It is also known for sponsoring some of the biggest events worldwide, including the World Series of Poker and the Portuguese Grand Prix. Despite its wide reach, 888 Holdings, a Gibraltar-headquartered company, maintains a small number of around 1,300 employees.

International Game Technology (IGT)

International Game Technology or IGT is yet another casino company making headlines in the gambling world. Founded in 1990, the company has more than 30 years of experience in the scene, which means the organization knows how to navigate the industry and make the most out of it.

You probably don’t know that IGT formerly went by the name Gtech S.p.A. and Lottomatica S.p.A. However, this changed in 2015 when the company acquired International Gaming Technology and assumed its name. IGT currently has over 15,000 employees on its roster with multiple subsidiaries, including Ubet Com Inc, Lottomatica Holding, and IGT Lottery SPA. In 2020, the company’s revenue sunk to $3.155 billion due to the pandemic, but it is expected to rise back up at a steady CAGR.

Genting Group

Making this list from Kuala Lumpur, Malaysia, Genting Group is a casino company that has been fully operational since 1965. The corporation is one of the biggest companies in Asia and the world, with net revenue of $11.564 billion per fiscal year ending in December 2020.

The organization has a broad portfolio with multi-million-dollar resorts in China, the Philippines, the USA, and Singapore. Apart from acquiring property and expanding its market, Genting Group is also one of the world’s biggest employers, with approximately 50,000 workers on its payroll.

MGM Resorts

Anyone who has been to Las Vegas knows about MGM resort, a veteran in the brick-and-mortar Casino business with a valuation of $12.4 billion in revenue. Since 1986, the company has been running some of the most successful resorts in the USA and other nations.

Furthermore, it has managed to employ above 74,000 people who work full-time and part-time in its properties like MGM Grand Garden Arena, Excalibur, Mandalay Bay, and Luxor. Despite its popularity in the brick-and-mortar business, MGM has been gradually expanding its online gambling portfolio by partnering with masters in the business such as Entain. Therefore, it is behind some of the biggest online casino brands where you can learn about casino games and place sports bets.

Wynn Resorts

This unordered list of the top 10 biggest casino companies ends with Wynn Resorts, a 2002 corporation that has managed to increase its revenue to around $6.61 billion as of 2019.

The business has 30,000+ employees with a strong presence in the USA. As its founder, Steve Wynn, envisioned, Wynn Resorts has expanded its catalog by acquiring and developing state-of-the-art establishments such as Encore Boston Harbor, Encore Las Vegas, and Encore at Wynn Macau. Currently, Wynn is using its online gambling platform WynnBet brand to dominate the online casino scene where most companies are finding unlimited opportunities of growing their brands.

So far, these are the top established companies currently growing strong in the online casino scene. Each company has multiple ventures and extensive coverage in different continents. Most also have a wonderful online presence with incredible casino and sports betting sites that offer clients dependable gambling services. Furthermore, they have managed to maintain a steady stream of revenue, with most of them employing thousands of individuals worldwide.

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