Online Casino Gaming Companies

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Sep 27, 2021 Casino.guru is an independent source of information about online casinos and online casino games, not controlled by any gambling operator. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only. Online Casino Companies. Casino companies are entities that own and operate online casinos. They differ in size and can either own and operate a single online casino, or can serve as parent companies for several separate online casinos. Regardless of the size, a company that seeks to operate a casino must be registered in the country that.

The Top Online Casino Companies In The United States

by Matias Dorta / October 21st, 2020

Largest casino company


Picture By Morning Brew

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What is iGaming?

iGaming, otherwise known as online gambling, consists primarily of two sectors, sportsbook and online casino. Placing a bet online on the outcome of a sports match, playing online poker with friends, or trying your luck at a virtual craps table would all fall under the category of iGaming, with the first example categorized as “sportsbook” and the last two examples categorized as “online casino”.

Online Casino Gaming Companies

Needham sees the U.S. online sports betting and gambling opportunity between $42 and $58 billion annually longer-term. Grand View Research expects a CAGR of 11.25% for iGaming leading into 2025. Why is the industry experiencing explosive growth?

  1. The rapid expansion of smartphones and tablets have made internet gaming more accessible.
  2. Many states within the U.S. have either legalized online gaming or are on the path towards legalization.
  3. Online gaming brings the excitement of a casino directly to the user’s home. Morgan Stanley expects over 75% of U.S. sports bets to be placed online based (versus land-based) by 2025.

As previously mentioned, iGaming consists of two sectors, sportsbook and online casino. In the second quarter of this year, online casino revenues tripled from the prior year with revenues surpassing $400 million. The growth in online casinos is primarily due to user demand for a digital experience, COVID-19 complications around brick and mortar casinos, and new states legalizing online gambling products.


source: PlayUSA.com

At the moment, online casinos are legal in New Jersey, Pennsylvania, West Virginia and Delaware. Early results from legalization highlight that user demand is strong:

  • West Virginians placed nearly $50 million in legal online wagers within the first four weeks of legislation.
  • Online casinos brought in over $81 million in June 2020 in New Jersey alone.
  • In Pennsylvania, online casinos saw revenues of $51 million in July 2020 and total wagers on slots surpassed $1 billion for the third consecutive month.

The U.S. opportunity for online casinos is significant. Despite strict regulations, the legacy US gambling industry still makes a total contribution of around $137.5 billion to the U.S economy annually and directly employs more than 730 thousand people (according to Statista). This figure also doesn’t take into account the assumed $150 billion wagered off-shore due to legal complications in the United States. As regulations improve, online casinos are well positioned to attract users and take market share in this growing industry.

Top U.S. Online Casinos

Let’s look into the biggest players in the U.S. online casino market based off of GGR market share from the three months ending October 31st, 2020. GGR, or gross gaming revenue, is the difference between the amount of money players wager minus the amount that they win. This is a key metric for the gaming industry and reflects the “sales” or “revenues” for online casinos.

The rankings below are based on data from Eilers & Krejcik Gaming on U.S. online casino operations. The rankings only reflect GGR market share from U.S. online casino operations three months ended October 31st 2020 and do not include data from sportsbook operations.

1. DraftKings

DraftKings is number one on the list with 16% of the U.S. online casino GGR market share. DraftKings, famously known for daily fantasy sports, is also becoming a dominant player in the U.S. online casino market. The company operates online casinos in New Jersey, Pennsylvania, and West Virginia. In its first month of business in West Virginia, DraftKings Casino brought in 75% of the $50 million in total online wagers for the state. According to DraftKings IR, their online casino app now offers over 360 different games.

Related Companies: DraftKings

2. SugarHouse-Rivers

SugarHouse-Rivers is number two on the list with 16% of the US online casino GGR market share. Sugarhouse-Rivers Casino is owned by Rush Street Interactive. The company operates online casinos in Pennsylvania and New Jersey. SugarHouse Casino was one of the first casinos to apply for an online gambling license in PA. The Pennsylvania Gaming Control Board approved the license in 2018, allowing SugarHouse to offer online slots, tables games, and poker for Pennsylvania residents and visitors.

Related Companies: Rush Street Interactive

3. Betfair-FanDuel

Betfair-Fanduel is number three on the list with 15% of the U.S. online casino GGR market share. In 2018, Paddy Power Betfair and FanDuel merged their U.S. businesses. Together, they operate online casinos in Pennsylvania (FanDuel operation) and New Jersey (Betfair operation). Both companies are owned by their parent company, Flutter Entertainment. Flutter is an online gaming powerhouse with over 13 million customers worldwide. Other notable brands under the Flutter umbrella include Full Tilt Poker, PokerStars, SkyBet, and FOXBet.

Related Companies: Flutter Entertainment

4. ROAR

ROAR is number four on the list with 13% of the US online casino GGR market share. ROAR Digital is a joint venture between MGM Resorts International and GVC Holdings and consists of the BetMGM, Borgata, PartyCasino, and PartyPoker brands. According to ROAR Digital’s CEO, BetMGM is on track to generate over $130 million of net revenues this year, predominantly from iGaming (online casino) in New Jersey, given the impact of COVID-19 (i.e. lack of live sports). ROAR Digital has live online casinos in New Jersey and West Virginia under the BetMGM brand and plans to enter the Pennsylvania market this year.

Related Companies: MGM, GVC

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5. Golden Nugget

Tilman Fertitta’s Golden Nugget online casino comes in at 5th place. At the moment, Golden Nugget operates its online casino exclusively in New Jersey, where they are a market leader. The company saw record high user activity in the third quarter and may surpass $100 million in GGR in New Jersey in 2020. The company recently received approval from the New Jersey Casino Control Commision to complete its merger with the SPAC Landcadia Holdings II.

6. PokerStars

Online Casino Gaming Companies In New Jersey

PokerStars is number six on the list with 5% of the U.S. online casino GGR market share. Like BetFair-FanDuel in the number two spot, PokerStars is under the Flutter Entertainment umbrella. The popular European poker website launched in New Jersey in 2016. PokerStars offers users access to online poker, slots, and casino games in New Jersey.

Major Casino Companies Las Vegas

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Related Companies: Flutter Entertainment

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Any good online casino has to be powered by one of the best online gambling software providers. Some of the online casinos are also chosen by players based on the type of online casino software the casino uses. Here are some of the world’s best gambling software providers.

Party Gaming - Established in 1997, Party Gaming is one of the world’s biggest online gaming companies that was recently popularized with Party Poker. With a good position in the online gaming industry, Party Gaming has the deal with the three major gaming departments, Sports Betting, Casino and Poker. Party Gaming software introduced Party Casino across the world to its online casino community in February 2005, immediately achieving popularity among all online gaming lovers. 23% of the gaming stock was sold out to the public offering on London Stock Exchange, in June 2005. Party Gaming was valued at $8.46 billion, and a starting price of 116 Pounds, it resulting in a rise in the company’s share prices within a period of one month to $12 Billion.

Playtech – Based in Cyprus, Playtech gambling software is regarded as one of the leaders in their field. They cater only for the European market, but once the laws in the US change, Playtech will start accepting US players again. The Playtech software platform can be trusted as they are certified and tested on a regular basis. The graphics and sounds of the games are awesome. A few of the best Playtech casinos include Casino Las Vegas and Noble Casino.

Vegas Technology – Vegas Technology is one of a few online gambling software providers that do accept US online casino players. Originally it was called Odds On (back in 1998). In 2005 it changed its name. The graphics and sounds of the games in this software are brilliant and they offer all different types of casino games. The top online casinos that use this software include Online Vegas Casino and VIP Slots Casino.

Microgaming - Since its establishment in 1994, Microgaming has been recognized as the best and highest online casino gaming platform provider. Since then, the company has succeeded and excelled by releasing their Viper software in the year 2002. This software has become the yardstick for excellence among the online gaming industries. It has proved to their players and operators, in being the best and resourceful solution offered by Microgaming. Microgaming’s desire to be the best has been proved by featuring the best graphics and sound solution resulting in a big impact to a large selection of games, to their investors and their players.

Cryptologic - The first software provider for online gaming is Cryptologic. The firm was established in 1996 as a software development company that later paved the way to the online gaming sector. Cryptologic is often referred as the grandfathers of all online gaming, and has been recognized as the trusted, reputable and secure software provider for top and high quality online gaming casino systems. It is very impressive to play and see the new age trend of slot games that they have been releasing. Since the passing of UIGEA, Cryptologic does not accept players from the USA, yet they are still the best provider in the gaming services to all players from the rest of the world.

Real Time Gaming - RTG’s beginnings dates back to the year 1999 and the company is based out of Atlanta and Costa Rica. Real Time Gaming has built a reputation among both the players and the industry heads for being one of the top online gaming software providers. The Real Time Gaming software provides a large selection of games that one can choose from and play. Last year, with the release of “Real Series” slot games; they have achieved the reputation that was obtained from focusing on reaching out to the player. Real Time Gaming, a private company, has conquered the trust of many as the company that anyone would go to especially US players who wish to wager online. Real Time Gaming is one of the few companies that allow their operators to welcome US players.