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With sports betting only legalized in the U.S. In 2018 and still underexploited at the state level, there’s a huge market for online gambling companies to see massive scaling. May 20, 2018 Las Vegas Sands Corp. (NYSE: LVS) is the world’s biggest casino operator, and with a market cap of $62 billion, the world’s most valuable gaming company. While the company is U.S.-based, and owns. Quickly find and compare all the top-rated Casino companies on Trustpilot, and add your own experiences. Gambling software companies stand for companies that provide various types of games available in an online casino, and there are many providers. There are several leading providers, including Microgaming, Playtech, Cryptologic, Skillmine, etc. Nowadays, online casino software considered more complicated than in early times.
With the digital revolution in full swing and the ease of government regulations on gambling, the sports betting industry is undergoing dynamic transformations over the last few years and consequently surging in popularity around the word, the revenues of many world’s leading sports betting companies are also growing significantly year on year. Today, sports betting has become one of the fastest growing industries across the world, offering immense potential for both bettors and sportsbooks. Some of the popular games for sports betting include horse racing, greyhounding, cricket, football, baseball, basketball and golf.
For the latest online gambling market size, sports betting market forecast, and top sports betting companies in the world, please see our report Global Sports Betting Market 2018-2022, or download your FREE Global Sports Betting Market Report Sample now!
Global Sports Betting Market Analysis
Over the last few years, the world has opened immense opportunities for gamblers to take part in sports betting anywhere in the world through digital platforms, except in those nations where betting is banned. The global sports betting sector occupies the major market share in the overall online gambling industry accounting for more than 40 % of the worldwide gambling revenue generation. According to the Technavio’s market analysts, the sports betting market will grow at an impressive CAGR, with the global sports betting market revenue expected to reach nearly $370 billion by 2022.
Read more:How Is the Online Gambling Industry Making Room for the Next Unicorn Company?
Top 10 Sports Betting Companies in the Global Gambling Industry
888 Holdings
888 holdings is one of the most popular online gaming operators, which operates 888 sports, casino, poker, and bingo brands. Since its launch in 2008, 888 Sports has been successful in establishing a strong presence in the online sports betting market. The online betting site breaks away from the traditional bookies with exclusive customer deals, a range of new markets and an international appeal. Although the company exited US market long back owing to the strict government regulations, they have been keeping a close eye on regulatory developments in the US.
Today, 888 has already positioned itself in the market by partnering with the US-based companies. The potential for the sports betting sector in the US is significant and, as the only firm in all three regulated US states, 888 is all set to exploit the potential growth opportunities in the US market.
Read more:The Game is on! Here are the Top 15 Online Gaming Companies
GVC Holdings
GVC Holdings is one of the largest sports betting companies and gaming groups. With its unique proprietary technology platform, GVC offers casino, poker, bingo, and sports betting under some of the industry’s most popular online betting brands including partypoker, CasinoClub, Betboo, Bwin, Foxy Bingo, and Sportingbet. In a spell of acquisitions, GVC Holdings made a milestone €1.1 billion acquisition of online gaming brand bwin party in 2016 and acquired UK rival Ladbrokes Coral in March 2018.
Further, GVC Holdings also confirmed a $200 million joint venture deal with MGM Resorts recently that will see the former transfer its online sports betting know-how to the latter. This deal will soon lead to the launch of a wide range of sports betting sites in the US.
Kindred Group
The Stockholm-listed online gambling company, Kindred, continued their record-breaking financial performance in 2018, thanks to the all-time growth of their active customer-base and the 2018 FIFA world cup, that led to higher active users. Today, the company is regarded as one of the world’s leading online gambling brands within the sports betting arena. Kindred Group recently signed a 5+5-year agreement with Casino Atlantic City and Hard Rock Hotel in New Jersey. This move is Kindred’s first step into US gaming, with a view to offering online sports betting services to US customers.
Kindred’s major revenue comes from casino games and online sports betting. With these two segments which generated respective revenue of £104 million and £104.9 million during Q2, Kindred continues to witness significant online organic growth.
Read more : Why Sports Betting Accounts for the Largest Share of the Gambling Market
Paddy Power Betfair
Paddy Power Betfair was born following the merger of Paddy Power plc and Betfair Group in February 2016. Today, the business has four divisions: Online Australia, Irish Retail, UK Retail, and Telephone segments. The company’s Online Australia segment provides sports betting services and is the market leader in the Australian gambling industry. Its UK and Irish Retail segment operate 623 betting shops across Ireland and UK. It has a presence in Australia, United Kingdom, Ireland and across the world.
Paddy Power Betfair provides gaming and sports betting services through websites including betfair.com, paddypower.com, tvg.com, sportsbet.com.au, and us.betfair.com under the Betfair, Sportsbet, Paddy Power, and TVG brand names, and through a chain of licensed betting offices.
William Hill
Since 2012, when the UK-listed bookmaker merged three businesses to establish William Hill US, the company has grown consistently to achieve the market share of around 30 %, making it one of the largest sports betting companies in the UK and the US. William Hill is one of the early movers to reap the benefits from the legalization of sports betting in the US after the Supreme Court’s decision in May to strike out a federal ban passed in 1992. William Hill US is already the leading sports betting company in the US, operating more than 108 race and sports books in Nevada along with the state’s top mobile sports betting app.
The sports wagering giant signed sports betting agreements with a number of casinos in the US last month and is in talks with more operators. The company is ramping up hiring in Nevada for growing its US business. The company announced that it will offer mobile betting technology and sports betting risk management services to 11 casinos in Mississippi and West Virginia.
Download related report sample for free:Global Mobile Gambling Market 2017-2021
Bet365
Having added a vast range of betting options and products to their core over the past several years, Bet365 has grown to be one of the largest firms in the sports betting industry. Bet365 was one of the first sports betting company to start offering eSports to bet on. This British online gambling and sports betting company serves more than 23 million customers across the world by offering poker, casino, games, bingo, and sports betting, along with video streams on sporting events. The company recently inked a partnership with another sports betting company – Hard Rock Atlantic City casino to offer sports betting service
Stars Group
The ultimate owner of the most popular gaming brands such as PokerStars, BetStars, PokerStars Casino, and Full Tilt, Star Groups (formerly known as Amaya Gaming) recently announced that it has successfully acquired the Sky Betting and Gaming (SBG). This deal will turn the online poker giant into the largest sports-betting company in the world. Stars Group is one of the most licensed online gaming operators with its subsidiaries holding approvals and licenses in 19 jurisdictions across the world, including the Americas, Australia, and Europe. Star Group brands have millions of customers globally and are leaders in mobile and online betting, casino, poker, and other gaming-related offerings.
Download related report sample for free: Global Online Gambling Market 2018-2022
Draft Kings
DraftKings is one of the most popular daily fantasy sports content providers that allows users to enter fantasy sports-related contests based on team and individual player performance in five largest American sports (the NBA, MLB, the PGA, the NFL, and the NHL), NASCAR auto racing, Premier League and UEFA Champions League soccer, the Arena Football League, Canadian Football League, Mixed Martial Arts (MMA) and Tennis. After the US Supreme Court cleared the way to legalize sports betting, DraftKings got to work immediately, as sports gambling will account for a major share of their business.
Betsson
Betsson is an award-winning sports betting website that has been around since 2006 and literally grew into a gambling empire. The company provides users from all over the world an option to play poker, casino, bingo games and place their bets on various sports events. Betsson is based in Malta and holds a betting license from the gambling commission in the same country as well as one from the United Kingdom as well. Today, its sports betting option is offered on various markets and more and more consumers choose it as a significant option for sports betting.
BetAmerica
BetAmerica made its name in online gambling industry through horse racing, which then branched out into fantasy sports with the launch of FanEx Sports. Today, BetAmerica.com is considered as one of the most legal and secure sports betting companies based in the US. With a wide range of fantasy leagues for MLB, NFL and NBA and more than 200 racing tracks to choose from, BetAmerica is all set to grab the major share in the sports betting industry.
Biggest Online Gambling Companies
To find out other major sports betting companies in North America, Europe and Asia, download your FREE Global Sports Betting Market Report Samplenow!
Global Sports Betting Market Trends
Online betting was brought into the sports industry in the late 1990s and has been growing significantly since then. With the emergence and high penetration of the digital platform, punters have the flexibility in placing bets on sports from any part of the world. Indeed, the digital revolution has given sportsbooks a platform to connect with new customers. Online gambling is one of the fastest growing sectors in the e-commerce industry and is a rapidly growing mode of gambling. The use of digital processes and the growing punter demand will propel the growth of the online gambling industry, while the major sports betting companies in the world are also expected to achieve higher revenues in the near future.
For more market intelligence in the global sports betting market, please check this following report:
We Live Security looks at six of the biggest online gaming hacks to date – From Xbox Live and PSN, to Big Fish Games and Steam.
Online gaming systems and apps are a common target for cybercriminals, looking to do everything from improving their own scores and grabbing new game features to stealing Bitcoin wallets. We now look at six of the biggest online gaming hacks to date.
1. Sony PlayStation Network
The Sony PlayStation Network was famously hacked back in April 2011, resulting not only in the compromise of up to 77 million accounts, but also downtime which prevented users of the PlayStation 3 and PlayStation Portable consoles from playing online through the service.
The attack continued for two days, eventually forcing Sony to turn off the PlayStation Network on April 20 – a downtime which lasted for 23 days. The Japanese electronics giant admitted that personally identifiable information from each of the 77 million accounts was breached, with 12,000 encrypted credit card details potentially accessed as well.
This breach remains one of the biggest in the 21st century, and has been described as the fourth biggest of all time, going by records lost. Sony said that the outage costs set the firm back a whopping $171 million.
2. Xbox Live, PlayStation Network (again)
Father Christmas may bring presents on Christmas Day, but the gifts handed out by hactivism collective the ‘Lizard Squad’ were less well received, especially by Sony and Microsoft, on 25th December 2014.
The group launched a series of distributed-denial-of-service (DDoS) attacks against Xbox Live and the Sony PlayStation Network (PSN) on Christmas Day, bringing down both services and leaving gamers young and old twiddling their thumbs instead of their gamepads, unable to play the latest releases.
Access to PSN and Xbox Live was eventually restored between 24 and 48 hours later, but the attack gave a good example of the growing skills in hactivism groups and showed just how disruptive cyberattacks can be.
3. Steam
The online video game service Steam was the subject of a massive data breach in 2011, which resulted in attackers compromising login details for one of its discussion forums as well as a database which held ID and credit card data, hashed and salted passwords, game purchases, email addresses, billing addresses and encrypted credit card information.
Fortunately, service owner Valve said that there was no evidence that credit cards had been misused or Steam accounts abused. Valve took the forums offline after learning of the attack.
Passwords, credit card details, billing addresses and more were stolen in a Steam breach in 2013.
The firm quickly begun their own investigation, advised forum users to change their passwords, and on other accounts if the same as used for Steam.
Steam is a gaming service that lets people buy, download, play and chat about a huge variety of games. It is used by around 35 million users worldwide.
4. Gamigo
Back in 2012, Germany-based free online gaming site Gamigo was hacked, with hackers posting as many as 11 million passwords online after they had penetrated the website’s defenses.
These passwords were published onto a forum, and contained 8.2 million unique email addresses. Gamigo warned users in early March that an “attack on the Gamigo database” had exposed hashed passwords and usernames and possibly other “additional personal data.” The site required users to change their account passwords.
The dump of passwords contained email addresses from Gmail, Yahoo, Hotmail and many other services, indicating that some Gamigo users may have used the same password for other accounts.
5. Big Fish Games
Back in February of this year, Seattle-based gaming company Big Fish Games revealed that it had suffered from a data breach in which hackers made off with customer payment information.
The firm discovered the breach on January 12 and said that malware was installed on the billing and payment pages of the company’s website. Hackers subsequently intercepted customer data including names, addresses, payment card numbers, expiration dates and CVV2 codes.
Gamers were again put at risk when Big Fish was hacked in February last year
Big Fish Games stressed that only customers who had entered new payment information on the company’s website between 24 December 2014 and January 8, 2015 may be affected. Those who used payment information from a previously saved profile don’t appear to be impacted – and the same applied to customers buying games on Facebook, iOS or Android.
Biggest Online Gambling Companies Publicly Traded
Founded in 2002, Big Fish claims to be the world’s largest producer and distributor of casual games. The company says it has distributed more than 2.5 billion games to customers in over 150 countries.
6. Various (South Korea)
Biggest Online Gambling Companies 2020
In August of last year, South Korean authorities confirmed that 27 million individuals in the country had been hit by a massive data breach – a figure which means nearly 70 percent of the population between 15 and 65 years of age were affected, according to Tech Worm.
The breach came to light after the law enforcement arrested 16 individuals who were suspected either of the attack itself, or of trying to sell the records on.
Biggest Online Gambling Companies Uk
One criminal, known only as “Kim”, was apparently attempting to sell over 220 million items of personal information after allegedly buying these details from a hacker.
The police suspected that “Kim” used the personal information to steal online game currency by using a hacking tool. This tool logs onto a user’s account once the log-in details are entered. If the passwords were wrong, he allegedly bought the personal information on ID cards and their issue dates from a retailer in Daegu, to change the passwords himself.
The data, which included account logins and registration numbers, was stolen after attackers hacked registration pages for online games, movie ticketing and ringtone downloads. Online gambling promotion services were also affected, reported Korea’s Joongang Daily at the time.
