In this article we are going to present you with the compilation of the largest gambling companies in the world, published by Insider Monkey recently. All of us know that gambling is highly addictive, yet hundreds of millions of people like betting with smaller or bigger amounts, as people like to believe in making the great fortune and win millions. Unsurprisingly, the largest gambling firms found on this addiction when they launch newer and newer games worldwide. As a matter of fact, the value of the global gambling industry is more than $440 billion, and it’s predicted to reach $650 billion by 2027. Which is also not surprising, as the poorer the people are around the world, the more they can be drawn to into gambling.
And now without a further ado, let’s check out what Insider Monkey has investigated for us. We have sorted out three companies, as usual, giving a short summarize. At first on the eighth spot, here’s Stars Group with a total revenue of $2,500 million in 2019. Yes, you are right, Flutter bought Stars Group in May 2020, but the compilation was made by 2019 revenues, therefore it deserved its place in the list. The company was established 19 years ago and was based in the Isle of Man, having more than 4,500 employees. Flutter paid around $6 billion for Stars Group. Up on our short summarize, here’s Flutter Entertainment with a total revenue of $2,897.17 in 2019. The company was originally known as Paddy Power Betfair and it’s among the most famous bookmaking firms across the globe. It owns several brands, such as Sportsbet.com.au, Paddy Power, Sky Bet,Full Tilt Poker and Timeform, just to name a few. On the fifth spot, we can find Tabcorp with a total revenue of $3,970. Tabcorp is the biggest gambling company in Australia, having more than 5,000 employees and almost $4 billion in revenue. The company was launched 26 years ago in 1994, and has become Australia’s largest provider of gaming products, lotteries and Keno. For more interesting information, please skip ahead and jump to the list of the largest gambling companies in the world.
Pixabay/Public domain
