Largest Gambling & Online Betting Companies by Market Cap
Flutter Entertainment, the parent company of FanDuel, Paddy Power, Betfair, and PokerStars, holds a primary listing on the London Stock Exchange and a secondary listing on the NYSE — making it the largest publicly traded online betting operator in the world. The gambling industry spans casinos, sports betting, lotteries, and online gaming platforms, with companies listed across exchanges in the United States, Europe, and Asia.
The sector breaks down into two broad groups: online-first operators and land-based casino companies that increasingly add digital platforms.
- Online sports betting & iGaming: Flutter Entertainment (FLUT), DraftKings (DKNG), Entain (ENT). DraftKings is a pure-play online operator in the U.S. and Canada with no physical casinos. Entain operates Ladbrokes, Bwin, Coral, and co-owns BetMGM with MGM Resorts.
- Integrated resort casinos: Las Vegas Sands (LVS), described as the world’s largest operator of fully integrated resorts, owns properties including the Venetian Macao and Marina Bay Sands in Singapore. Melco Resorts operates City of Dreams and Studio City in Macau.
- Land-based casinos with online expansion: MGM Resorts (MGM), Caesars Entertainment (CZR), Wynn Resorts (WYNN), and PENN Entertainment (PENN).
Geographically, Europe accounts for the largest share of the global online gambling market, while Macau has reclaimed its position as the world’s largest land-based casino market. In the United States, a 2018 Supreme Court decision struck down the federal ban on sports betting, and since then 39 states plus the District of Columbia and Puerto Rico have legalized it in some form. Gambling stocks are generally classified under the Consumer Cyclical sector.
Three ETFs provide broad exposure to the sector: the Roundhill Sports Betting & iGaming ETF (BETZ), which began trading in June 2020 and tracks the Morningstar Sports Betting & iGaming Select Index; the VanEck Gaming ETF (BJK), tracking the MVIS Global Gaming Index; and the Pacer BlueStar Digital Entertainment ETF (ODDS), covering online gambling, video gaming, and eSports.
Regulated brokerThe table below ranks the largest publicly traded gambling and online betting companies by market capitalization, with data updated regularly.
| Stock | Price | Change % | Marketcap |
|---|---|---|---|
 Flutter Entertainment FLUT | $93.01 | 0.11% | 16.14B |
 Las Vegas Sands LVS | $46.11 | 0.57% | 29.87B |
 Aristocrat ALL.AX | AUD66.26 | 0.06% | 39.72B |
 DraftKings DKNG | $22.17 | 1.88% | 11.00B |
 Evolution Gaming EVO.ST | SEK730.20 | 0.35% | 139.08B |
 Gaming and Leisure Properties GLPI | $43.86 | 0.11% | 13.14B |
 MGM Resorts MGM | $44.70 | 0.43% | 11.44B |
 Wynn Resorts WYNN | $101.50 | 0.35% | 10.53B |
Light & Wonder LNW | $86.22 | 0.00% | 0.00000000000000 |
 Caesars Entertainment CZR | $30.05 | 0.17% | 6.12B |
 The Lottery Corporation TLC.AX | AUD5.44 | 0.74% | 12.11B |
Française des Jeux FDJ.VI | €21.98 | 1.83% | 4.06B |
 Boyd Gaming BYD | $84.12 | 0.24% | 6.11B |
 Sportradar SRAD | $12.70 | 0.40% | 3.76B |
Entain ENT.L | GBp537.00 | 0.00% | 3.44B |
 Red Rock Resorts RRR | $62.91 | 3.18% | 6.37B |
 MGM China Holdings 2282.HK | HKD11.08 | 1.25% | 42.06B |
Super Group SGHC | $12.99 | 0.92% | 6.60B |
Lottomatica Group LTMC.MI | €24.01 | 1.07% | 5.60B |
Rush Street Interactive RSI | $25.08 | 3.24% | 6.13B |
 Penn National Gaming PENN | $20.13 | 2.60% | 2.70B |
Playtech PTEC.L | GBp363.40 | 0.66% | 1.01B |
 Genting Malaysia Berhad 4715.KL | $1.72 | 1.18% | 9.75B |
Melco Resorts & Entertainment MLCO | $5.52 | 2.30% | 2.14B |
 Kangwon Land 035250.KS | ₩14,500.00 | 2.26% | 2.87T |
SJM Holdings 0880.HK | HKD1.47 | 0.68% | 10.44B |
Betsson AB BETS-B.ST | SEK90.05 | 0.22% | 12.18B |
Monarch Casino & Resort MCRI | $122.10 | 0.35% | 2.19B |
Accel Entertainment ACEL | $12.29 | 1.13% | 997.87M |
Zeal Network TIMA.F | €43.50 | 2.03% | 917.85M |
Tabcorp TAH.AX | AUD0.915 | 2.81% | 2.10B |
Melco International Development 0200.HK | HKD3.52 | 1.54% | 8.00B |
Bally's Corporation BALY | $13.15 | 6.14% | 643.68M |
TSUBURAYA FIELDS HOLDINGS INC 2767.T | ¥2,499.00 | 2.63% | 155.57B |
Skycity Entertainment Group SKC.NZ | NZD0.615 | 0.81% | 678.38M |
 UNIVERSAL ENTERTAINMENT CORPORA 6425.T | ¥682.00 | 0.29% | 52.85B |
The Rank Group RNK.L | GBp100.40 | 0.40% | 470.30M |
 Jumbo Interactive Limited JIN.AX | AUD7.43 | 1.07% | 470.70M |
Delta Corp DELTACORP.NS | INR63.45 | 0.11% | 16.99B |
 Inspired Entertainment INSE | $6.62 | 4.75% | 176.59M |
Golden Matrix Group GMGI | $0.00000000000000 | 0.00% | 0.00000000000000 |
The Star Entertainment Group SGR.AX | AUD0.135 | 0.00% | 895.89M |
Full House Resorts FLL | $2.19 | 1.35% | 79.42M |
Groupe Partouche PARP.PA | €17.75 | 2.01% | 170.74M |
Ainsworth Game Technology AGI.AX | AUD1.21 | 5.49% | 405.84M |
Gaming Realms GMR.L | GBp31.95 | 1.75% | 86.70M |
Century Casinos CNTY | $1.19 | 0.00% | 33.48M |
Estoril-Sol SGPS-Nominativas ESON.LS | €3.38 | 0.00% | 40.33M |
bet-at-home.com ACX.DE | €3.23 | 2.22% | 22.67M |
Esports Entertainment GMBL | $0.09 | 0.00% | 103.14K |