A Look At The World’s Top Online Gambling Companies
The global online gambling market continues to rise in popularity. As the world of online casino gambling continues to grow, here is an in-depth look at some of the top companies on the UK and global market.
William Hill PLC
William Hill PLC was founded while gambling was still illegal in the United Kingdom. The company has changed its leadership several times over the last 30 years. The company has also been the subject of multiple scandals. William Hill's most recent problems were as a result of a lawsuit that alleged that the company failed to protect the best interest of consumers. The UK Gambling Commission found evidence that showed that William Hill violated an anti-money laundering law. The company has also faced criticism for its treatment of company employees. William Hill owns over 2,000 betting shops in the United Kingdom, as well as multiple online casinos.
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Kindred was founded by sports betting expert Anders Strom. Kindred offers services in multiple languages as customers can do online sports betting, play casino games, and enjoy bingo. Kindred works with multiple global brands, including Unibet, iGame, Maria Casino, 32 Red, and Roxy Palace. Kindred has local gambling licenses in Belgium, Germany, Romania, Denmark, and Australia, among other places. Kindred has become one of Europe's top mobile betting apps. The company plans to expand into the United States within the next two years.
Paddy Power was created as the result of a merger between Irish bookmakers. Initially, Paddy Power launched different online poker, gambling, and sports book sites to help the company's global expansion efforts. Eventually, the company launched apps that helped them gain new customers in Australia and North America. Paddy Power runs multiple online sites. Paddy Power has seen a substantial rise in value over the last few years, thanks to a merger with UK company Betfair, as well as deals with companies in Europe. Paddy Power has been fined by the UK Gaming Commission due to some control issues. The Gaming Commission cited Paddy Power's inability at times to control its fixed odds betting terminals. The company has also faced criticism for its failure to oversee different anti-money laundering policies.
888 Holdings PLC
888 Holdings operates different online brands on multiple platforms. The company operates Dragonfish, which allows them to provide online gaming solutions to its customers. 888 Holdings has dealt with fines over the last year due to a technical issue in the IT systems that allowed customers to illegally deposit millions of dollars into their accounts. 888 Holdings has also dealt with issues in Germany and Australia that caused the company to stop doing business in those markets.
GVC Holdings PLC
GVC Holdings was initially founded in Luxembourg. The company currently operates multiple brands, including Gamebookers, Sportingbet, Partypoker, and Partycasino. The company was recently fined by the UK Gambling Commission for having fraudulent advertising practices.
As the market continues to expand in the future, online gambling companies will continue to look for innovative ways to stay ahead of their peers.