Evolution Is the Third Largest Gambling Company, Online and Land Based

In September, Gambling Insider published the list of top 10 gambling companies in the world based on their market capitalization. Evolution landed third place with the market value of SEK 179.73bn ($16.6bn). It’s the only predominantly online gambling company that made it to the top 10.

• Flutter Entertainment comes second with £18.38bn ($20.9bn) market value and its incredible portfolio of mega brands, including FanDuel, Paddy Power, Betfair, and PokerStars.
• Las Vegas Sands that is worth $29.53bn tops the list. The company owns a wide range of businesses that are centered around casino entertainment.

According to Gambling Insider, Evolution was able to secure the third place partly because land based casino business is yet to fully recover post Covid-19.