In the US, as of August 2025, gross iGaming revenue was recorded at $5.1 billion. The figure represents ongoing growth for the industry, having increased nearly 30% compared to the same time the previous year. The United States isn’t the only country to see growth and significant gross gambling revenue; the popularity of this form of entertainment extends globally. Because of this, it’s no surprise that some online casino companies have become incredibly valuable and publicly traded.
Here is a list of the top seven publicly traded online casino companies and what sets them apart in the competitive online gambling landscape.
7. Caesars Entertainment ($5.1 Billion)
Caesars Entertainment is the parent company of the iconic Caesars Palace in Las Vegas, which has served as the setting and filming location for many blockbuster hits, including The Hangover and Ocean’s Eleven. The company has more under its umbrella than just Caesars Palace, including several other casino resorts and a well-known online casino platform. The company was founded in the mid-1960s with the construction of Caesars Palace, and today it is publicly traded with a value of $5.1 billion.
6. MGM Resorts ($10.3 Billion)
MGM Resorts is the company behind some of Las Vegas’s best-known casino resorts, like the Bellagio and the MGM Grand. The company also owns properties across the globe, offering luxury and entertainment to guests worldwide. The company, listed on the S&P 500, is currently valued at $10.3 billion and began operating in the 1960s. It was one of the casinos that helped establish Las Vegas as it is known today, building and continuing to operate several casinos on the Vegas Strip. As a pioneer of gaming in Las Vegas, it’s no surprise that the company has expanded its offers to include an online casino experience for gamers. It offers multiple casino gaming options through its BetMGM and LeoVegas platforms—ensuring that it remains relevant decades after its founding.
5. Wynn Resorts ($13 Billion)
Wynn Resorts, like Las Vegas Sands, is a company known for its land-based mega casinos, where the property offers a fully equipped gaming floor, as well as amenities like spas, pools, concert space, restaurants, and high-end shopping. Wynn Resorts has made its foray into the iGaming industry with its Wynn Slots and Wynn Sports app. The casino company isn’t just pushing into new areas of the industry by embracing online gaming options; it’s also making its way into a new gambling market in the United Arab Emirates. Wynn Resorts’ past ventures have enabled it to reach a multibillion-dollar value, and its ability to keep pace will likely see its value increase over time.
4. DraftKings ($23.6 Billion)
DraftKings was founded in the United States in 2012. It’s become an online destination known for its casino offerings and sports betting—including fantasy sports. Today, it has a market cap of $23.6 billion, representing impressive growth in just over a decade of operation. The company began with an emphasis on fantasy sports betting, thanks to its founders’ passion for the activity and their desire to turn it into a daily activity rather than a seasonal one. The company was founded by three friends, Jason Robins, Paul Liberman, and Matt Kalish, and became an international brand within the first few years of operation.
3. Las Vegas Sands ($38 Billion)
Las Vegas Sands is another publicly traded American casino company that has made its way onto stock exchanges. Its initial offer, however, wasn’t online-based. Las Vegas Sands is an established land-based casino resort company that has been operating for over 30 years. The company has properties in Macao, Singapore, and, as the name suggests, Las Vegas. It’s behind renowned casinos, including the Venetian Resort in Las Vegas and Sands Macao. Across its many properties, it offers millions of square feet of entertainment ranging from gaming floors to designer shops. This past year, the Las Vegas Sands has expanded into online casino gaming and will be adding to the global competition.
2. Flutter Entertainment ($51.7 Billion)
Flutter Entertainment is a global leader in online sports betting and casino gaming, with well-known gambling brands operating under this parent company. These brands include FanDuel, Pokerstars, and Ireland’s top sportsbook, Paddy Power. Casino review sites—like those highlighting UK casinos at Casinos.com—often feature Flutter Entertainment brands. FanDuel Casino is an increasingly popular gaming platform operating in five US states, building on the brand’s sports betting success and reputation, making it a well-known casino option for American gamers.
1. Evolution Gaming ($106 Billion)
Evolution Gaming is set apart from other online casino companies on this list because it does not operate directly with consumers. Instead, Evolution Gaming provides online operators with gaming content to entertain players. It provides the games, be it slot games, table games, or live dealer games, to casino platforms. Because of this, Evolution Gaming isn’t as widely recognized as other names listed here—it works behind the scenes. By offering gaming content, Evolution Gaming has become a highly profitable company, with a current market cap of $106 billion. Under Evolution Gaming, there are multiple brands, each with a unique history, and some, like NetEnt, are among the online gambling industry’s earliest pioneers, with roots going back to the mid-1990s.