UPDATE: This transcript was updated on 15/03/2019 with a response from Trent Barrett. LEIGH SALES, PRESENTER: Tonight, 7.30 takes you inside Sportsbet, Australia's largest online wagering company. Online gambling is one of the fastest growing sectors in the e-commerce industry and is a rapidly growing mode of gambling. The use of digital processes and the growing punter demand will propel the growth of the online gambling industry, while the major sports betting companies in the world are also expected to achieve higher revenues in the Australia is the 6 th largest country on Earth and, as such, there is lots about the place which is ‘big’, including our casinos.. Most cities operate a single license policy with some states having just one casino. Queensland has the most with three casinos and two of them making our list of the five biggest in Australia. The global online gambling market is largely dominated by International Game Technology, GVC Holdings, Bet365, Scientific Games, Paddy Power Betfair, and William Hill. Based on the overall revenue of the top 10 online gambling companies in the world are: International Game Technology PLC : USD 4.83 billion GVC Holdings PLC (Ladbrokes Coral Group) : USD 4.14 billion bet365 : Betfair Australia. Betfair, based out of the UK, is one of the largest and most respected brands in the online sports betting industry. Betfair Australia was first launched in 2005, five years after their parent company started in the UK. They are known for giving “power to the punter” through their peer-to-peer betting exchange. Betsoft Gaming is arguably the biggest software company to service the USA and Australia, two key gambling countries. Has a great selection of slots games and is very impressive on both mobile and desktop. Their Australia division, Sportsbet, has a 26% share in the Australian market with reported revenue of £446 million. The US division, FanDuel Group, is the top online sportsbook and gaming brand in the US with revenue worth £376 million. PPB Retail features over 620 Paddy Power betting shops across the UK and Ireland with several betting products. Australia is the world’s leader when it comes to gambling, spending around $24 billion dollars a year. That's about 40 per cent more, per capita, than any other nation on the planet. GVC Holdings generated revenues of USD 4.33 billion last year, making it one of the largest sports gambling companies by revenue in the world. GVC operates consumer-facing brands in the online gambling industry, including sports labels such as Ladbrokes Coral Group, bwin, Sportingbet, Betboo, Gamebookers, VistaBet, Neds, and more. GVC Holdings. There is no doubt that GVC Holdings is one of the biggest and most popular betting companies and gaming groups across the world. There are many reasons for its phenomenal growth. They have a unique technology platform which there is proprietary to them.
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