World's Biggest Casino Conglomerates Ranked in 2025
Top Casino Companies of 2025
In the dynamic world of gaming and entertainment, the top casino companies of 2025 have emerged as global powerhouses, blending traditional brick-and-mortar casino operations with online betting and gaming platforms. A recent report by NubiaPage reveals the most authoritative ranking of these companies, based on revenue figures for the twelve months ending mid-2025.
Leading the pack is Flutter Entertainment PLC, with an impressive revenue of $17.3 billion. Known for dominating online sports betting and gaming, Flutter's portfolio includes major international brands like FanDuel, Paddy Power, Betfair, and SkyBet.
MGM Resorts International follows closely behind, earning approximately $17.2 billion in revenue for the year. MGM focuses on luxury integrated resorts, with iconic properties like the Bellagio and MGM Grand.
Las Vegas Sands Corporation takes the third spot, with revenue of $11.6 billion for the year. Known for massive integrated resorts in Macao and Singapore, Las Vegas Sands Corporation operates some of the most profitable resorts in the world, with the Marina Bay Sands brand leading in casino brand value.
Caesars Entertainment, Inc. rounds off the top four, although specific revenue figures for the year were not provided in the report. Caesars operates properties under the Caesars and Harrah's brands.
Wynn Resorts, renowned for its luxurious hotels and casinos, made approximately $7 billion in revenue for the first three quarters of 2025. The company, like Caesars and Penn National Gaming, did not provide specific revenue figures for the full year in the report.
Penn National Gaming, another unranked company in the top 10, has seen substantial growth in its interactive division. The company earned $3.4 billion during the first half of 2025, and anticipates its total revenue for the year to fall somewhere in the range of $6.2 billion to $6.4 billion.
The world's largest casino and gaming companies also include DraftKings, a company initially recognized for its daily fantasy sports contests but has expanded to include online casinos and sportsbooks. DraftKings anticipates its total revenue for the year 2025 to fall somewhere in the range of $6.2 billion to $6.4 billion.
The International Game Technology PLC (IGT) and Entain PLC, with expected revenues of approximately $2.26 billion and $2.6 billion (excluding BetMGM revenue) respectively, complete the top 10. IGT does not run casinos, rather it designs and manufactures gaming machines, lottery systems, and digital gaming platforms. Entain PLC offers brands like Ladbrokes, Coral, and bwin.
Melco Resorts & Entertainment, a company specializing in the Asian market, specifically Macao and the Philippines, also features in the top 10, with total operating revenues amounting to approximately $2.56 billion during the first half of 2030.
This ranking reflects a mix of traditional brick-and-mortar casino operators and online gambling giants who are expanding both their physical and digital presences. The list offers a clear, ordered view of the largest casino operators combining traditional casinos, integrated resorts, and online gambling businesses.
In the list of the largest casino operators combining traditional casinos, integrated resorts, and online gambling businesses in 2025, Flutter Entertainment PLC forms part of this mix, leading the pack with an impressive revenue of $17.3 billion. Financial reports reveal that DraftKings, initially known for daily fantasy sports contests, is also included in the top 10, anticipating total revenue for the year 2025 to fall within the range of $6.2 billion to $6.4 billion, thus cementing its place in the financing sector of casino-and-gambling operations.
