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!

Naturally, as its major industry, gambling in Macau is highly developed, and the area has everything a gaming enthusiast could possibly wish for. Casino games here range from traditional games like Fan-Tan to newer trends like Texas Hold ‘Em. One of the most famous casinos in Macau is the Casino Lisboa; the original Stanley Ho hotel and casino.

• 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.
• Top 10 Countries/Markets by Game Revenues This table features the top 10 games markets ranked on their revenue estimates for 2020 in descending order. These estimates are based on a combination of primary consumer research, transactional data, quarterly company reports, and census data.

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.

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:

Decades ago, the phrases “gamer culture” and “gaming industry” might have seemed counterintuitive—but today, around 2.2 billion gamers support a nearly $109 billion industry. From the popularity of games such as Fortnite, League of Legends, and Call of Duty to game-based movies including the newest Tomb Raider, it’s clear gaming is a crucial cultural staple and here to stay across the globe.

Where in the world does gaming thrive? Below, CenturyLinkQuote analysts have compiled a list of the most gamer-friendly cities. We’ve highlighted the top 10 in the map below, and you can see the top 30 cities by viewing the table at the bottom of this article. Use our list to plan your next vacation, add a few stops to your bucket list, or simply see how your city’s gaming culture compares to some of the world’s best.

1. Seongnam-si, South Korea

If you know anything about South Korea’s technological prowess, Seongnam-si’s number-one status shouldn’t surprise you. South Korea consistently ranks as the country with the fastest internet in the world—in fact, it’s the only country where average internet speeds top 25 Mbps. Free high-speed internet is available on public transit, and South Korea aims to commercialize 10 Gig speeds by 2022.

The country’s phenomenal fiber-optic infrastructure enables gaming culture to flourish, especially through gaming hubs called PC bangs, where couples and individuals alike pay a low hourly fee to game online. In Seongnam, a suburb of Seoul centered on the electronics industry, it’s easy to find PC bangs with high-res monitors. The annual Seongnam Game World Festival aims to foster a family-friendly gaming culture that residents and visitors alike can enjoy each September.

2. Los Angeles, United States

Silicon Valley, step aside—or at least make room for Silicon Beach. Several of the industry’s most elite gaming companies call Los Angeles city home, including Electronic Arts (EA) and PlayStation. Los Angeles also hosts the yearly Electronic Entertainment Expo (E3), where industry experts unveil their most highly anticipated games and products.

3. Seattle, United States

Like Los Angeles, Seattle has long surpassed Silicon Valley in terms of gaming culture and tech advancements. Along with being home to Microsoft, Seattle welcomes hundreds of gaming companies, and the University of Washington is just one of several universities in the area that offers a degree or certification in game design.

4. Seoul, South Korea

Whether you prioritize a high-speed gaming experience or a welcoming, social gaming culture, you won’t find a better city than Seoul. Partially thanks to Seongnam’s proximity, Seoul is well known as the eSports capital of the world—you could easily make the case that the area is the birthplace of eSports. If you’re visiting Seoul, make sure to add the Yongsan eSports Stadium to your list of must-visit gaming sites.

5. Malmö, Sweden

Nordic countries such as Sweden have some of the fastest internet speeds in the world—not quite up to South Korea’s high standard, but easily surpassing average download speeds worldwide. So it makes sense that Sweden, along with South Korea and the US, is one of the three countries to have two high-ranking cities on this list.

Malmö isn’t Sweden’s capital, but it is the capital of Sweden’s Skåne county and one of the area’s major IT hubs. Massive Entertainment is based on Malmö along with at least 30 other gaming studios and developers. And since 2017, The Final Tribe—the highest-ranked eSports team in the nordic region—jas called Malmö home.

6. Stockholm, Sweden

Like Los Angeles, Stockholm hosts several major game developers, including Mojang (Minecraft) and King (Candy Crush). In fact, Sweden has one of the largest concentrations of developers worldwide, so if you’re looking for an international job in the gaming industry, Sweden is the perfect place to start. If you’re looking not just to game but to learn something, too, the Stockholm Spelmuseum—the Museum of Video Games—offers hours of entertainment and education for the entire family.

7. Zürich, Switzerland

Similar to other cities on this list, Zürich is home to a variety of gaming and eSports expos where developers reveal new products gamers can test on the floor. For instance, the Ludicious Zürich Game Festival held in early 2018 brought gamers, developers, companies, and students together to release and explore new products. The Zürich Game Show also invites gamers to enjoy new games, not just in eSports but in virtual reality and cosplay too.

8. Cologne, Germany

In the gaming world, Cologne, city of cathedrals, is known mainly for Gamescom. Apart from the Asia Game Show, which takes place in Hong Kong, Gamescom has the largest space and most visitors of any other gaming con. Gamescom is a fair-trade market where gamers can test and purchase the best new games, test unreleased games, and check out the latest gadgets and tech.

9. Tokyo, Japan

Tokyo natives are at least as steeped in gaming culture as Seoul’s. While Nintendo headquarters is located in Kyoto, you’ll find Pokemon Centers across Japan, including one in Tokyo, where you can pick up all your Pokemon games and merch. The Akihabara area of Tokyo is a must-see for any gaming fan; the cosplayers, stores, and atmosphere make Akihabara look and feel like a scene from your favorite game, anime, or manga.

10. London, England

One of the top-ranked eSport teams in the world is the London-based Fnatic. Even if you’re not an eSports professional, there are plenty of London venues where you can test your mettle and improve your skills. Visit a Meltdown pub to experience a mixture of British pub and video gaming culture, or go all in by visiting the recently opened Red Bull Gaming Sphere.

Here’s a breakdown of how each city ranked related to each factor:

Best Cities Worldwide for Online Gaming

Top 10 Gambling Nations In The World

Methodology

To determine which cities were the most gamer friendly, the data analysts from CenturyLinkQuote collected data related to factors that best reflect the gaming landscape. These factors include the following:

• Average internet speeds
• Average peak internet speeds
• Internet cafes per capita
• Video game companies per capita
• Percentage of global Steam traffic

From there, we weighted and normalized the data to determine each city’s final ranking.

Most of these cities can support such a heavy gaming culture because of their high-speed internet: if you’re a gamer, check today to see if speeds up to 1 Gig are available in your area!

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