Largest Casino Software Providers 2022 (Annual Reports, Income, Revenue)

Online gambling developers have started to care for players by enabling them to choose variants that could drive their gaming experience. A wide variety of casino games and online free slots machines with bonuses and prizes are offered by trusted providers. All of these are geared towards giving gamers the Las Vegas casino experience right from their pcs/smartphones. Among the notable online casino software developers are RTG, Microgaming, Playtech and Vegas Tech. In this article, we’ll take a look at the most popular casino software providers, online gambling market size, reports, and other key features.

№1. Euro Games Technology

Euro Games Technology (EGT) is another popular and one of the largest casino software providers headquartered in Bulgaria and has representative offices in Africa, Europe, South, North, and Central America, as well as Asia. This company deals in product development, production, sales, and technical support. It was formed in 2002 and has made a name for itself as one of the fastest-growing gaming companies worldwide.

List of the best online EGT free slots are included such as: 40 Burning Hot, Flaming Hot, 40 Super Hot, 27 Wins, 20 Super Hot, etc. Its product portfolio comprises gaming machines, video slot games, jackpot systems, semi-electronic blackjack tables, electronic roulettes, mobile pay stations, a huge variety of gaming accessories, and mobile gaming platforms. So, let’s continue this gambling casino software providers list.

№2. PlayTech

PlayTech is one of the largest online casino software developers and suppliers traded on the London Stock Exchange Main Market. This company offers a value-added, cutting-edge solution to the casino’s leading operators. PlayTech was established in 1999 and is focused on the continuous development of high-tech gaming content/products.  Its net worth is estimated at 60 billion euros. Among the key statistics of Playtech PLC, price to sales (TTM) is 1.34M$, Total Debt/Total Equity (Quarterly) in 2021 was 71.62M$, and Market Cap = 1,404.53. From now on, it is projected to grow along with broader consumer and technology trends.

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This company develops a wide range of online casino games, which are available in many languages, flash and downloadable. They have impressive sound effects as well as high-definition graphics. All casino operators that use PlayTech software offer the most common casino games like roulette, blackjack, craps and baccarat variants. Among the most popular online free slots by PlayTech, each player can try such as: Irish Luck, Buffalo Blitz, Flintstones, King Kong, etc.

№3. Microgaming

This is a one of the most popular and legendary online gambling software providers and was the first one to start developing best free online slots machines. This company has more than 20 years of experience in gaming software development, and they have since manufactured 850 products and scooped many awards in this industry. Its software is developed in-house by world-class developers from studios like Derivco, and PragmaticPlay, a third provider. Microgaming founded Quickfire Games in 2010 and was charged with licensing content to third parties. 

In 2016, it invented Octopus Rift Technologies and developed several roulette-focused virtual reality games. Its company’s crown jewels are notable progressive jackpot networks, Wow Pot and Mega Moolah, having more than €1.45 billion in prizes. Microgaming has created some of the most popular slot games for free with bonus rounds, free pins, bonuses, including Tomb Raider, Hound Hotel, Immortal Romance, PlayBoy, and Jurassic Park. 

№4. BetSoft

Founded in 2006, BetSoft occupies one of the leading positions among gambling software providers. This company uses HTML5 to make a broad range of variants for both mobile/desktop. The Random Number Generator (RNG) system guarantees transparency, honesty, and fair play with a Quinel certification. BetSoft operates under the Malta/Curacao licenses and in several regulated markets, including Denmark/Italy. The license from Curacao covers every form of BetSoft’s interactive games, such as lottery, sports betting, free online slot machines with no download casinos etc., while the Malta Gaming Authority’s class 4 license covers both land-based and online gaming activities in Malta .

№5. NetEnt

NetEnt was started in 1996. Over time, it has proved itself as one of the unbeatable online casino software developers worldwide, with high-quality online casino games in themes, gameplay, and features. This company is listed on the Swedish stock exchange, develops online casino variants with the most progressive jackpots worldwide, and boasts a huge following on mobile/online platforms. It started paying much attention to the emerging trends for mobile gaming in 2016, receiving under 40% of all its revenues from mobile platforms. This company has been one of the top performers, and its position in this industry seems more promising with forward-thinking game developers. Evolution Gaming eventually bought NetEnt in 2021 at around $2 billion. 

№6. Evolution Gaming

Evolution Gaming ranks among the best-known casino game development companies. It provides high quality live gaming experience among punters in a wide array of channels in regulated markets. This company streams high-end live casino games from its top-of-the-range studios in Malta/Riga and its live studios in physical casinos. 

“ In Q2 2022 revenues increased by 34.0 percent year-on-year to EUR 344.0 million, and the EBITDA increased to EUR 238.2 million, corresponding to an EBITDA margin of 69.3 percent. Profit for the period amounted to EUR 200.9 million, earnings per share amounted to EUR 0.94 (0.68).”  – written in Evolution’s Gaming interim report January-June 2022. 

Evolution Gaming’s online casino software provider was founded in 1989 by Charles Cecil, Noirin Carmody, David Sykes, and Tony Warriner and is headquartered in York, England. In September 2022, this gaming company and a marketing cap of $17.67 billion ranked 902nd among the wealthiest companies by market cap.  Popular slots online free are available for players from all over the world without downloading, registration with profitable RTP, bonuses, prizes, etc.

№7. Ainsworth

Ainsworth Game Technology is a big name in developing online casino games and one of the top casino software providers. It was started in 1995 in Australia by a legend that can be remembered from Aristocrat Len Ainsworth. In 2018, the company was acquired by the conglomerate Novovatic. Even though its main focus is to create products for physical casinos, it has made a name for itself as one of the leading online casino software developers for more than ten. 

Revenue of Ainsworth Game Technology (AGT) worldwide. Source: statista.com

According to Ainsworth’s annual report and performance overview, by 2021 it was ranked 16th on the Rich List Financial Review with a net worth of approximately $ 5.04 billion. This company has more than 84 slot variants with an RTP of 93 to 96%. There are no free spins or jackpots in all of them. 

№8. International Games Technology

In full, IGT is referred to as International Games Technology P.L.C. It designs, develops, and manufactures gaming equipment, network systems, and software. Top casino software providers products include social gaming platforms, slot machines, and interactive gaming machines. The company also provides maintenance services for its long line of products and other digital ones. IGT is one of the most sought after online gambling providers with a wide collection of online slots for free no signup, no deposit required, as well as Australian pokies, 3D slots, casino games, etc.

More details about financial highlights, total revenue and operating income in the full IGT annual report 2021

IGT internet casino software providers has its headquarters in London, but its major offices are in Rome, Rhode Island, Providence, and Las Vegan, Nevada. Its products include Slot machine Lotteries Gaming technology. Its revenue as of 2021 was estimated at $3.115 billion, operating income at $0.107 billion, and net income at $0.838 billion in 2021. 

Revenue of International Game Technology (IGT) 2015-2021. Source: statista.com

№9. Red Tiger Gaming

Red Tiger Gaming was established in 2014. It was acquired in 2019 by NetEnt for an all-cash deal at the time, having a value of 200 million pounds. They later became part of Evolution Group, a leading casino software provider worldwide. While they are a great and one of the top online casino providers worldwide, they also have several start-ups. They have partnered with numerous companies such as Dunder, Casumo, PaddyPower, Rizk, and PokerStars. It also has partnerships with sportsbooks like Pinnacle/Betfair. Red Tiger Gaming has its headquarters in Gzira, Malta and holds many popular licenses such as the U.K. Gambling Commission license, Malta Gaming Authority, and the Alderney Gambling Commission. This company has been ranked among the fast-growing online gambling software providers lately. 

№10. Bally Technology

For the longest time, Bally Technology Inc. has manufactured slot machines and various other gambling technologies, including gaming software. It is based in Enterprise; Scientific Games Corporation owns Nevada Bally. Bally Technology was established in 1968 at the time called Advanced Patent Technology. It changed its name to Alliance Gaming before buying Bally International in1996. Bally International was a former division of Bally Manufacturing. 

Data and research according to Bally’s quarterly report dated August 04, 2022

The company was in 2014 acquired by Scientific Games, another reputable developer. Among the most popular Bally free slots are games such as: Double Dragon, Dragon Spin, 88 Fortunes, Quick Hit slot with no download and no registration and others. Its subsidiaries include Shuffle Masters, WMS., Scientific Games, and S.G. As of 2013, its revenue was estimated at USD 997 million.

№11. Novomatic
When looking for a game provider with experience, Novomatic is your best shot because it has survived more than 40. Before they ventured into online casino software development, they had just mastered the art of land-based casino games. They now concentrate on online video slots as their main revenue stream. Today they have a deluxe version for many of their themed slots.

Source: Novomatic YouTube channel

Novomatic has several free/easy-to-download online variants and other skill-based ones, including baccarat and mah-jongg. This company has a turnover of approximately Euro 1.8 billion as of 2021. It was established in 1980 and is headquartered in Gumpoldskirchen, Austria but has locations in more than 50 countries. It also exports high-end gaming accessories to approximately 100 countries around the world. 

№12. WMS

WMS Gaming Company is a reputable top-of-the-range manufacturer of slot machines, software, and video lottery terminals for casinos. It also provides online/mobile games such as Raging Rhino with an RTP of 95.95%, Spartacus Gladiator of Rome with 95.98% RTP, with historical, military, and war themes, Montezuma RTP of 95.86% RTP and Queen, with 95.90 RTP with a jungle theme, to mention a few games. 

WMS was established in 1991; up to 2001, the C.E.O. was Brian R. Gamache. It is headquartered in Chicago, Illinois. Some of its subsidiary companies include S.L., W.M.S. Gaming International, etc. It experienced a few revenue declines, but in 2012 it introduced gaming on devices and concentrated on expanding its offering online. It, for instance, introduced My Poker Video Games. 

№13. Konami

Since 1969 Konami has made a name for itself as a reputable casino game developer. This company is Konami Group Corporation, a famous Japanese conglomerate for video variants. Besides producing famous online casino games, it distributes trading cards, slot machines, anime, pachinko, tokusatsu, and arcade cabinets. Its headquarters is in Chuo City, Japan, and its approximate revenue of 262.8 billion Japan Yens as of 2020. It is owned by the Kozuki family, who own at least 29% of the company. Konami subsidiaries include Bemani, Konami Sports Club Co Limited, etc. At its helm are Chairman Kimihiko Higashio, the Representative Director, and Hideki Hayakawa, the Representative Director and President.

№14. Realtime Gaming

Realtime Gaming is a reputable online gaming company that has developed notable games such as Casino War, Casino Hold ’em, Vegas Three Card Rummy, and Yablon, to mention a few. It is licensed by many operators that run their branded RTG-powered casino websites. It was established in 1998 in Atlanta, Georgia. Later, it moved all its development to Heredia, Costa Rica, from 2007 to 2008. 

Realtime Gaming is sometimes interchangeably referred to as RTG; to date it is one of the most notable gaming software providers in 2022. Its portfolio has over 300 diverse software applications, including a betting offers finder. Its game features, such as the guaranteed bonus feature, high spontaneous features, and slots with progressive jackpots, give Realtime Gaming a competitive edge. Its simplicity in distributing its products makes it famous among new entrants/established gaming companies. 

№15. Scientific Gaming

When talking about the greatest innovators of online developers, Scientific Gaming should feature in your top three list. The game has new standards with the best variants that are well designed, manufactured, and have the best distributing infrastructures. Scientific Gaming Online Casino developer rated 3.5 over 5 stars on online casino review websites. Up to 75% of its employees would recommend the site/games to their friends, and more than half of its employees have a positive outlook on the company. Its stock price rating by the L.N.W. (NASDAQ) is $$50.74 +2.98 (+6.24%). These are according to the 9th September 2022 figures. Scientific Gaming revenue in 2020 is $2.7 billion. Scientific Gaming’s subsidiaries include W.M.S. Gaming, S.G. Gaming, SciPlay, OpenBet, etc. Its parent organization is MacAndrews &Forbes. 

№16. Play’n GO

Users can recall this online gaming company as a leading casino software gaming one with notable games such as Book of Dead, Honey Rush, Moon Princess, Golden Colts, and Viking Runecraft, to mention a few. All these are free to download, and some are free to play online and available on the go, as their name suggests. You can play them on a desktop or smartphone. 

This leading casino game developer was established in 1997 and had its headquarters in Sliema, Malta. It also has offices across the U.K., the Philippines, Hungary, and Sweden. Play’n Go is rated 3.5/5 by Glassdoor. The founder/C.E.O. is Johan Tornqvist. This company is a pacesetter with variants that will drive user experience in 2022. Its future’s so bright. 

№17. Amatic

Amatic was started in 1993. It is known as the best provider of primarily casino  free online slots game software; it is a reputable entertainment equipment supplier. They produced machines ranging from cabinet-based machines to automatic electronic roulettes and now online casinos in Australia. The company is known for high-end quality/technology. In 2014, Amatic partnered with SOFTSWISS, bringing their first game online. 

This was when they introduced reputable online variants such as blackjack, roulette, slots online free games, and poker. This company has attracted punters worldwide due to its interaction, usability, and a couple of bonus features. You may have played notable games such as Enchanted Cleopatra, Casanova, Hot 27, Admiral Nelson, Bells on Fire, Wild Diamonds, Hot Scatter, Dragon’s Pearl, etc. All these hang in the belt of Amatic online casino software developers.