Top Sports Betting Companies in the Global Gambling Market 2020

1. 888 Holdings

888 holdings has become the popular online gaming operators, which operates 888 sports, casino, poker, and bingo brands. Since its launch in 2008, 888 Sports has prevailed in establishing a good presence in the web sports betting market. The web betting site breaks from the traditional bookies with unique customer deals, many different new markets and a global appeal. Although the business exited US market long back as a result of strict government regulations, they have been keeping a close eye on regulatory developments in america.

Source: prestigious site betting

Today, 888 has positioned itself available to buy by partnering with the US-based companies. The chance of the sports betting sector in the us is significant and, as the only firm in every three regulated US states, 888 is ready to exploit the potential growth opportunities in the us market.

2. GVC Holdings

GVC Holdings is just about the major sports betting companies and gaming groups. Which consists of unique proprietary technology platform, GVC offers casino, poker, bingo, and sports betting under a few 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 cope with MGM Resorts recently that may start to start to see the former transfer its online sports betting know-how to the latter. This deal will soon bring about the launch of a variety of sports betting sites in the us.

3. Kindred Group

The Stockholm-listed online gambling company, Kindred, continued their record-breaking financial performance in 2018, as a result of the all-time growth of their active customer-base and the 2018 FIFA world cup, that led to higher active users. Today, the business enterprise is regarded as among 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 NJ. 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 hails from casino games and online sports betting. With both these segments which made respective earnings of £104 million and £104.9 million during Q2, Kindred continues to witness significant online organic and natural growth.

4. Paddy Power Betfair

Paddy Power Betfair was made following merger of Paddy Power plc and Betfair Group in February 2016. Today, the business enterprise enterprise has four divisions: Online Australia, Irish Retail, UK Retail, and Telephone segments. The company’s Online Australia segment provides sports betting services and could be the marketplace leader in the Australian gambling industry. Its UK and Irish Retail segment operate 623 betting shops across Ireland and UK. It includes a occurrence in Australia, UK, Ireland and around 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 beneath the Betfair, Sportsbet, Paddy Power, and TVG brands, and through a chain of accredited betting offices.

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