Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Biggest Gambling Companies Listed On The LSE

Tue 30th Aug 2016 | Money & Finance

Being on the top is not an easy job, and what these gambling companies have achieved is worthy of respect.

They’ve become some of the biggest companies not only in the UK, but the world too. The gambling industry is almost a hundred years old, but thanks to the online gambling sector these companies have propelled themselves even further.

Some of the best and biggest companies can be found at CasinoShortList.org - UK online casinos and bookmakers site, and here in this article we will give a brief presentation of the biggest gambling companies listed on the London Stock Exchange.

There is always something that sets these gambling companies apart. For example, William Hill is the company with the longest presence, Paddy Power are the controversial ones, while bet365 are omnipresent. Their ability to be innovative and to give customers more of what they want have been the main driving forces behind them.

The first gambling billionaires in the UK was the Coates family. Peter Coates managed to make bet365 one of the largest and most recognizable brands not just in the UK, but the world too. You can see bet365’s ads all over the world and the internet, from sites unrelated to gambling to football matches. It stands as one of the biggest gambling companies on the LSE in terms of employees, and its owners Peter, his son John and daughter Denise are now net worth more than £925 million, just 13 years after they founded the company.

In 2015 William Hill held the number one spot with a cap value of £3.93 billion, but it decreased to £3.71 billion in 2016. Until the merger of the two biggest gambling and betting brands such as Paddy Power and Betfair, William Hill was the biggest gambling company on the LSE. Now the number 1 spot has been occupied by Paddy Power Betfair PLC and its combined worth is estimated to be £9.10 billion, which makes it the most dominating company in the gambling industry at the moment.

Playtech, the popular gambling software provider, is another huge company on the LSE with a market cap value of £2.74 billion, which is an increase from 2015’s value of £2.52. If it wasn’t for the UIGEA act in 2006 which caused for a 40% drop of its value, Playtech would have been the absolute dominator of its sector.

A company that made a big ascent on the LSE is Unibet, whose value increased from £1.20 billion to £1.90 billion in 2016, thus entering the top 5 list of the biggest gambling companies listed on the LSE. Behind it steadily trails NetEnt with a worth of £1.50 billion, the provider that made a late boom in the industry despite being established in 1996. Together with Microgaming they dominate the online gambling sector with their games overflowing online casinos.

Betsson and Ladbrokes are right there on the top 10 list of biggest gambling companies listed on the LSE. If the Ladbrokes-Coral merger goes through and if it’s not derailed by William Hill, this new company would climb the top 5 list with a market cap value of £2.40 billion. This will open the door for 888 Holdings to re-enter the top 10 list.

Some of these companies have made their success story by being extremely controversial. Take Paddy Power as an example. This company is the record breaker for ad complaints for their bet advertisements. One of the most notable such controversial bets offered at Paddy Power was betting on the outcome of Oscar Pistorius’ trial. They even offered money back if he walked out free. I guess you can’t make it to the top without being a little cruel.

Posted by: Aaron Gourley 

Tripleplay 468 banner V2 (468x60_Animated_v2.gif)
If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

West Ham United launch shirt auction in aid of Mexican earthquake relief

Fri 22nd Sep 2017 | Money & Finance

West Ham United will auction all match-worn shirts from this weekend’s London derby against Tottenham Hotspur , with all proceeds going to the victims’ families and survivors of this...

Stoke City success bringing benefits to region

Fri 22nd Sep 2017 | Money & Finance

Premier League football brought £130m to Stoke region and employed 2,200 people in one season, an EY study finds. The chance to play in the Premier League not only brings joy to fans of a club...

Manchester United Post Record Revenue Of 581m

Thu 21st Sep 2017 | Money & Finance

Manchester United has followed a successful year on the pitch with a successful year in business posting record revenues for the year ending 30 th June 2017. In a season which saw the club, under the...

30 September: the other deadline day

Mon 18th Sep 2017 | Money & Finance

As of 30 September 2017, all football clubs, sports agencies and their intermediaries will fall within the remit of the Criminal Finances Act. Through this Act, criminal sanctions can be imposed on...