How Much Money Do the Big Online Casinos Make?
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Do you know how much money your favorite casino makes at the end of each year? Does it rank among the top earners? Since gambling has become one of the most lucrative businesses, new online casinos are springing up now and then.
It is no secret that big casinos make serious money. While many factors make such casinos the darling of many players, some of them include offering the best welcome bonuses and a vast library of games for their players to enjoy.
Here are the top five online casino earners as per their net worth, turnover, and income. Read through to find out how much the big kahunas of the online gambling world make.
5. 888Casino
888 Holdings PLC runs 888Casino, and it ranks among the most significant betting companies worldwide. In their 2019 financial year, the company generated £600 million. The company was founded in 1997 by Shay Ben-Yitzhak, Avi Shaked, Ron Ben-Yitzhak, and Aaron Shaked.
Sports bettors enjoy a wide range of sports to bet on, including the biggest leagues. You can expect to find the best odds and exciting bonuses on offer whether you are betting on one of the biggest leagues or a local game. Casino players also get a fair share of bonuses and a wide selection of games.
4. William Hill Casino
In 2019, William Hill, a UK bookmaker had its online betting revenue go beyond retail operations for once. This was mostly dependent on how its real estate in the UK has been forced to shrink over time. In 2019, William Hill managed to generate a revenue of £1.58 billion, and although this was a decline from the previous year, they are still among the top online casinos in revenue.
William Hill is best known for offering some of the best online poker, bingo, and horse racing. It has earned a reputation of being the best paying online casino in New Zealand () among many sports betting enthusiasts. As of early 2020, the company managed to reach £1.6 billion in revenue.
3.The Stars Group
PokerStars Casino is one of the gaming brands under the Stars Group. The company has grown to earn a spot on the list of the biggest betting companies worldwide. Over the years, it has managed to grow its reputation of offering high odds, a big betting market, and irresistible welcome bonuses
The company has been operational for almost two decades. However, they celebrated their highest returns in 2019, when they managed to collect a massive £2.05 billion in revenues.
2. Bet365
Among the British online betting giants is Bet365. The company ranks among the top 100 gambling firms worldwide. All these thanks to the advancement of technology in the recent past. The company was started in 2000, and it has grown immensely over the years to become a top UK online gambling site, employing more than 5000 employees. You can expect some of the best bonuses whether you choose their casino or sports betting options.
Due to its high revenue, Bet365 sponsors around ten La Liga football teams, including Stokes City. They have a vast customer base in over 200 countries worldwide. As of 2020, they had managed to generate £3 billion in revenues.
1. Ladbrokes
Ladbrokes is a top UK online betting site that is owned by GVC holdings. The company boasts of having more online gamblers and players than the most prominent online casinos out there. With generous bonuses and a wide selection of games to bet on, it’s no surprise why players prefer placing their wagers at this site.
When it comes to revenue, the company has managed to accumulate a net worth of £3.7 billion and employs over 30,000 employees. Who wouldn’t want to work with such a successful company?
Conclusion
Online gambling has proved to be highly rewarding as you can see from these online casinos revenues. To them, the sky seems to be limit as they continue generating more money in revenues. You can also try your luck at any of the above casinos. Who knows, you might end up enjoying a piece of their delicious cake by winning a good considerable amount of money.
