Leave a Comment on Top 10 (by Revenue) Largest Casino Companies in the World This list of the ten largest casino companies in the world is ranked by their revenue, but many of these companies are not exclusively casino and gambling companies, some of them invest in other things and are always trying to innovate and predict the future of gambling. The newer players – mostly companies outside the US – are players in the mobile gaming divisions. The entire industry made over $40 billion in revenue in 2018 according to Forbes Online. The top five game companies made most of that profit. The smaller companies struggle, and even some top publishers are laying off employees. Top 5 Casino Software Companies. There are countless gaming companies out there. This is a very lucrative industry after all, and many have jumped on the bandwagon over the years. Casinos rely on gaming developers to create the slots, the table games and everything else that they then offer to their players.

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Which gaming stocks have performed the best so far this year? Here’s a look at the top NASDAQ gaming stocks year-to-date.

Click here to read the previous top NASDAQ gaming stocks article.

The past year has brought remarkable growth for the gaming sector. On the back of coronavirus-related lockdown orders, gaming has received an influx of attention from widespread users.

While other sectors have struggled in 2020, many names in the gaming industry enjoyed improvements to their value, and seem positioned to continue trending upward into 2021.

Here the Investing News Network has gathered the three top NASDAQ gaming stocks of 2020 by share price performance. All are US-listed constituents of the Evolve E-Gaming Index ETF (TSX:HERO); numbers and figures were current as of December 9, 2020, with data taken from Google Finance.

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1. Gravity (NASDAQ:GRVY)

Year-to-date gain: 375.03 percent; current share price: US$172.02

Korean gaming company Gravity is first on this list of the top NASDAQ gaming stocks of 2020. With a gain of close to 400 percent over the course of the year, it has enjoyed major momentum.

Gravity was founded in 2000, and in 2005 became the first Korean gaming company to be listed on the NASDAQ. It now has global branches and joint ventures in the US, Europe and Russia; it is known mainly for the massively multiplayer online role-playing game (MMORPG) Ragnarok Online.

2020 has been busy for Gravity. Midway through the year, the online and mobile gaming company launched Ragnarok Origin, a new MMORPG, in Korea; it later launched Ragnarok X: Next Generation, another new MMORPG, in Taiwan, Hong Kong and Macau. Gravity also launched the Labyrinth of Ragnarok, an idle MMORPG, in the Philippines, Singapore and Malaysia.

2. Bilibili (NASDAQ:BILI)

Year-to-date gain: 249.88 percent; current share price: US$73.32

China’s Bilibili is an online entertainment platform. Founded in 2009 and named Bilibili the next year, it began as a content community inspired by anime, comics and games (ACG), but has evolved since then to include videos, live broadcasting and mobile games.

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Bilibili is mainly used for video sharing, with users submitting videos across a wide variety of genres. The company is known for its “bullet chatting” feature, which allows users to comment on videos in real time. On the gaming side, Bilibili offers mostly ACG-themed games such as a version of the Aniplex game Fate/Grand Order. Aside from that, the company owns League of Legends and Overwatch esports teams.

2020 highlights for Bilibili include a new three year strategic partnership with Riot Games. The deal gives Bilibili an exclusive license to live broadcast global League of Legends events (in Mandarin) in China from 2020 to 2023. It also announced an equity investment in Huanxi Media Group (HKEX:1003).

3. Turtle Beach (NASDAQ:HEAR)

Year-to-date gain: 118.82 percent; current share price: US$19.93

Turtle Beach is different from the other two companies on this top NASDAQ gaming stocks list. Instead of making games, it has honed its efforts on console gaming headsets.

The company was the first to produce a console gaming headset in 2005, and since then has expanded to create products for all types of gamers, including esports professionals. Turtle Beach originally came to market all the way back in 1975 as Octave Electronics and was focused on music and audio products.

In 2020, Turtle Beach has released a slew of news. Among other things, the company joined forces with YouTube personalities, was added to the Russell 3000 Index (INDEXRUSSELL:RUA) and responded to the COVID-19 pandemic by launching specialized bundles geared at helping people work from home or participate in online learning.

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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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The global casino industry generates billions of dollars every year and continues to grow steadily as old markets keep growing, new markets keep opening and casino companies compete fiercely for market share and to be the best in the business.

If you are looking for Online Casino Companies then please have a look from here.

The biggest casino companies in the world have been forced to change their gaming and marketing strategy during the last 5 years as millennials have shown that they are tired of the traditional casino gaming offering and would only be loyal patrons if the casino could capture their attention by giving them an experience that caused them to come back for more.

Casino establishments who were quick to change and implement the changes and demands of the millennials across their casino properties did well, while casino companies who failed to adjust suffered as profits declined and some of their properties have had to shutdown.

Seven of The Best Casinos Companies Around ( Offline, landbased)

We take a look at seven of the most influential casino companies in the world today.

1. Las Vegas Sands Corp

The Las Vegas Sands Corp is the highest grossing casino establishment in the world and has some of the most popular casinos in Las Vegas, Nevada and Macau, China.

Some of casinos owned by the Sands Corp include the Palazzo Las Vegas, Venetian Casino Resort Macau, Marina Bay Sands Singapore and the Sands Casino Resort Bethlehem – which is the biggest casino resort in the world.

The company recently opened its $3 billion casino resort ‘Parisian Macau’ in September 2016. The 83 year old billionaire Sheldon Adelson is the chairman of the Las Vegas Sands Corp. The company made $14.5 billion in revenue during 2014.

2. MGM Resorts International

MGM Resorts International owns a number of iconic casino resorts all over the world including the biggest casino resort and hotel in the United States – the MGM Grand Casino Las Vegas. At one point of time, the late billionaire Kirk Kerkorian along with his Tracinda Corporation was the biggest shareholder in MGM Resorts.

Some of the flagship properties under the MGM Brand include the Bellagio Las Vegas, Mirage Las Veg