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If you look at the history of the European online gambling industry, there have been a handful of top dogs in the software sector who have mostly dominated everything without allowing any newcomers to really challenge their position.
What makes Net Entertainment so interesting is that even though they were founded in , they made a push relatively late in the game, challenged the top software developers in the industry and won a lot of major victories.
The way they were able to do this is by focusing on a weakness in what was presumed to be the strength of the top developers.
The major companies in this sector were hard to compete with because they had hundreds of games under their belt, and it was very hard to challenge.
Net Entertainment completely flipped this on its head by producing games that were overwhelmingly better in terms of quality.
Everything from the graphics of the games to the themes used were made of a higher quality, and this caused a paradigm shift in the online casino section of the industry.
They even showed that they didn't care about the total number of titles they had available by actively pulling titles once they believed they were past their shelf date, something no other major provider has regularly done to date.
Unibet Group has climbed three places from last year's number 7 to take the number 4 spot for Since , Unibet has offered online gambling products in just about every sector of the industry that you can imagine.
They're based out of Malta and have boasted in the ballpark of 10 million customers worldwide. Unibet's efforts have gained them several major awards, especially for sports betting, and this includes the eGaming Review Sports Betting Operator of the Year for , and To show just how flexible they are with their operations, they also picked up the Live Casino Operator of the Year award in He was arrested and held for hours under allegations that the operations of Unibet were violating French law.
The exact laws cited were from as early as the s, and the whole ordeal was seen as being ridiculous overall. Still, Nylander was very outspoken about what he saw as a clear publicity stunt, and Unibet has been at odds with a number of French officials ever since.
Playtech has climbed one spot moving into the number 3 position on our list for Generally seen as the biggest online gambling software provider by volume, Playtech's main characteristic that sets them apart is that they're well-known for their online casino game selection even though they tend to focus on other areas like bingo, sports betting and poker.
In spite of this, they have continued to dominate the industry ever since. While Playtech is a powerful company with a good history of taking care of their players, they've also had their own controversies.
Founder Teddy Sagi was convicted of insider trading among other things early in his career and spent nine months behind bars. Playtech's game Lakshmi Gold a payline video slot has also come under fire for depicting Hindu deities.
Many Hindu figures have come forward demanding that the game be removed, but it has not so far. One of the oldest companies on this list, they've been around since , and the company is named after the founder William Hill who first started accepting bets thanks to a loophole he was able to exploit in the ban on gambling that existed in Britain at the time.
What really sets this company apart is that they have been able to use decades of experience in the land-based gambling industry to define how they operate their online holdings.
This experience edge has allowed them to dominate most of Europe in the realm of online betting. Being on top was not without controversy for William Hill.
A number of accounting irregularities were found in the late s, and this caused them to be held under investigation by the Serious Fraud Office of Britain.
This happened primarily during the sale of the company from Grand Metropolitan to Brent Walker, and it was mostly a matter of Grand Metropolitan lying about the profit levels to run up the price that Brent Walker was willing to pay.
William Hill has also been accused of having members of parliament on the payroll, and they benefited a fair amount from new UK gambling tax structures that went into place in that forced out a lot of the smaller competition.
The merger between these two massive companies, Betfair 5 on the list and Paddy Power 2 on the list, has led to a huge company that now dominates the world of online gambling.
This merger was finalized in February and sees Betfair chief executive Breon Corcoran taking the helm at the new group and Paddy Power chief executive Andy McCue will become chief operating officer.
In the land of fixed-odds sports betting sites, Betfair established in completely changed the game by putting in place a market where players could offer and accept each other's wagers instead of having to deal with fixed-odds packages only.
This has led to them being the largest betting exchange on the Internet. Betfair came under a ton of fire in when they introduced extra charges for winning players.
In the middle of , they raised these extra fees to a particularly high level which caused nothing less than total outrage among sports betting fans.
Essentially, the claims were that this created a situation where it was impossible to be a major, long-term winner at their exchange.
They also faced criticism in when Harry Findlay, a high-end horseracer, was found to be using Betfair to bet against horses that he owned.
Known as the largest gambling company in Ireland, Paddy Power made an exceptional name for themselves.
Aside from providing excellent services, they've mostly done this through outrageous marketing campaigns that have gotten them into hot water more than once.
The company itself was founded in when three bookmakers combined their shops under one name. Yes, this was once a criminal mastermind company, now of course gone legit.
Galaxy Entertainment Group are another group that own and run a lot of casinos in Macau, but they also own many other things all over the world.
A company that makes gambling a vacation choice rather than a lifestyle one. Sure they have a lot of casinos on their books, but also a lot of hotels and resorts.
The home of gambling, so, of course, they are the biggest company. But with more and more people turning to online gambling, this is a company that will only get smaller and smaller unless they invest heavily in online gambling.
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