There has been a lot of change in the betting industry. For one, technology keeps improving by the day, and companies are therefore able to reach their customers much easier than before. Two, governments have eased up on the laws, thus opening up the market. Three, people are more open to gambling and are exploring the different markets therein. Also, sites are offering a lot regarding selection, payment methods, and other factors that affect the market. The number of websites has also grown steadily in the past decade. Thus, the market has grown at a fast pace.
Most people bet on horses, football, basketball, cricket, baseball, and golf, amongst other sports. For example people often bet on NBA,NFL, MLB. Many sites are out to get the lion’s share of this profitable market. But not all of them have made it to the top. Here are the top companies as at now:
888 Holdings You have probably come across a site operated by this company. If you see 888 bingo, poker, sports, casino or other related activities, know that you are dealing with a giant in the market. Given the market share of this company, it is surprising to learn that it is relatively new in the market. It got into the picture in 2008, and since then, it has established a name in this competitive market. It has done so by offering various deals to its customers as well as expanding its range of markets. What’s more, it has international appeal such that it attracts clients from across the globe.
GVC Holdings Here is another company that has managed to grab quite a chunk of this market. It is one of the largest companies, and its growth is not about to stop any time soon as the company is making huge strides regarding the future. It offers various wagering opportunities in different markets ranging from sports to casino games to bingo to poker. Other than diversifying its options, it has also gained pace by acquiring profitable ventures in the industry as well as merging with other companies. In so doing, it has been able to spread its reach across the globe.
Kindred Group This company has its listing in Stockholm, and it has been doing quite well in the past decade. For one, it has increased the number of users in its platform in recent years. It has also increased the options available to the customers. It mainly deals with online sports and casino games, and it makes millions of pounds in profits each quarter. Its interest in US gaming will see it scale new heights soon.
Paddy Power Betfair This company was not always known as this as it came to be in 2016. Before then, it existed as two separate entities: Betfair and Paddy Power. When the two joined, the company grew at an even faster rate, and it now boasts of four divisions. It offers sports wagering in the Australian market, betting shops in Ireland and the UK as well as betting services across a range of sites. With this kind of reach, it is not a wonder that this company ranks high in the industry.
William Hill This company’s success owes to a merger that took place between three businesses back in 2012. From that point, the company took off at a fast rate and now commands a huge chunk of the market share. It currently ranks as one of the best betting companies in the UK and the US. It has been making significant moves regarding working with casinos. Thus, it is set to reap more profits in the future as the legalization of sports betting in the US paves the road for more bettors to come on board. Go to homepage to continue reading about betting sites.