by Ashley Elizabeth on Jun 17, 2021
The cricket betting industry has been going under a transformation in the world because of the digital transformation. The revenues of the cricket betting industry have also been going upwards in this industry The cricket betting industry has offered immensely to the bettors and the cricket bookers. The betting can be done in cricket, football, horse carding, greyhounding, basketball, baseball, and golf.
The cricket betting can be done everywhere due to the digital platforms. This platform has allowed the gamblers and the cricket bettors to part in the betting industry everywhere expect the places where the betting is banned. The global betting industry generates about forty percent of the income worldwide and the Technavio market says that the cricket betting industry is go well with the CAGR. The betting industry is expected to 37 billion dollars by 2022.
In today’s segment we shall let our viewers know about the ten betting companies in the global gambling industries –
The first company is 888 Holdings - This is a popular gaming operator which has poker, casino, and bingo brands. The company was launched in 2008 and now it is an established brand. The online site does not have traditional bookies which deals the customer. But it has an exclusive international appeal. the company has a huge US market, and it puts an eye on the development of the United States.
888 has been partnered with the US based companies and it is the potential cricket betting sector in the United States. 888 Holdings is the only firm which has ben regulated and it has potential growth opportunities in the market of the United States.
GVC Holding is the second company which is the largest cricket betting company and gaming group. The unique technology platform offers betting on casino, poker, and bingo under the brand of the companies like Party Poker, Casino Club, Betboo, Bwin, Foxy Bingo and Sporting Bet. GVS Holdings have made 1.1 million in 2016 through the online gaming brands of the Bwin party and in 2018, it also acquired the US rival Ladbrokes Coral.
The company also have a joint venture with MGM Resorts for 200 million dollars. This deal helps them to launch the online cricket betting sites worldwide.
Kindred Group is the third company on this list, and it is Stockholm listed online gaming company. In 2018, they had a record-breaking performance in finance because of the all-time growth of customer based which came due to the 2018 world cup of FIFA. The company is also a leading online gambling brands hey had signed a deal of five years with Casino Atlantic City and Hard Rock hotel of New jersey in the US. They want to offer the online betting services to the customers of the US.
The major revenue comes from the casino and online cricket betting sites. These two segments generate the revenue of 104 million and 104.9 billion. Kindred continues to witness the more online and significant growth.
Paddy Power Bet Fair is the fourth company listed as the top company of global online betting. This company was merged of Paddy power plc and Bet fair in 2016. Online Australia, Irish and UK retail, with the telephone segments are the four online divisions of the paddy power bet fair. The Australian segments have cricket betting and gambling services in Australia. The US and Ireland segments have 623 betting shops in those countries.
They also provide the online cricket betting services through their websites like betfair.com paddypower.com, tvg.com, cricketbet.com, and usbetaffair.com. The betting shops and the cricket betting website have a chain of licences for holding these online and shop activities.
William Hill
William Hill is the fifth company on this list. The three businessmen were merged as the book markers in 2012 and they formed a company called William Hill in the United States. Since then, they have been the largest cricket betting market in the UK and US with a constant share around 30 percent of growth. The company has been legalised to the cricket betting activities in the US after the supreme court had decided to ban the betting activities in 1992. This already as leading company in the US with 108 races, cricket books, and top mobile cricket betting apps.
William Hill is the cricket wagering giant that also sign the cricket betting agreement with the casinos and soon they will hire Nevada to grow their business in the US Market. They will also mobile technology on betting and cricket betting risk management services through mobile apps in Mississippi and West Virginia.
Bet365
Bet365 is the sixth company in this list. This company provides a vast range on the betting options and products from serval years. The bet365 is the largest firm in the betting industries and it is the first company to offer ecricket to bet. There are 23 million of cricket and gambling users on this company. They have partnered with Hard Rock Atlantic City casino to offer cricket betting.
Star Group is the seventh company on this list. They have a popular betting brands of casino, poker, and bets. They are known as the Amaya Gaming Group. They had a successful deal with Sky Bet and gaming which might make them a poker giant in the cricket betting industry. The group has the license of the online gaming programme, and it holds the approvals of the nineteen jurisdictions worldwide. Star is also the mobile leaders of poker, casino, and the other games.
Draft Kings is the eight most cricket fantasy content providers. The contests are provided with teams and individual performances on the five largest American cricket. The Drafts Kings started their work immediately after the US court decided to clear and legalise the cricket betting in their country. The online cricket betting and gambling is a major business for the Drafts Kings.
Bet Son is the ninth on this list because it is a award winning cricket website and it has been a empire in this industry since 2006. Any one can play online betting and gambling like casino, poker, bingo from any party of the world. It also offers betting on the live sporting events. Bet Son is based in Malta, and it has betting license from the US and Malta. Bet Son offers more consumers and more market as the option on online cricket betting.
Bet America is the last company listed in this article. It is the online gambling industry which also has a branch of fantasy cricket. Today the Bet America is known as the most legal and secure betting platforms in the United States. It has the wide ranges of fantasy leagues and over 200 races that the bettors can chose from. This company has a major share in the online cricket betting industry and platform.