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In the land of fixed-odds sports betting sites, Betfair established in completely changed the game by putting in place a market where players could offer and accept each others wagers instead of having to deal with fixed-odds packages only.
This has led to them being the largest betting exchange on the Internet. Betfair came under a ton of fire in when they introduced extra charges for winning players.
In the middle of , they raised these extra fees to a particularly high level which caused nothing less than total outrage among sports betting fans.
Essentially, the claims were that this created a situation where it was impossible to be a major, long-term winner at their exchange.
They also faced criticism in when Harry Findlay, a high-end horseracer, was found to be using Betfair to bet against horses that he owned.
Generally seen as the biggest online gambling software provider by volume, Playtech's main characteristic that sets them apart is that they're well-known for their online casino game selection even though they tend to focus on other areas like bingo, sports betting and poker.
In spite of this, they have continued to dominate the industry ever since. While Playtech is a powerful company with a good history of taking care of their players, they've also had their own controversies.
Founder Teddy Sagi was convicted of insider trading among other things early in his career and spent nine months behind bars.
Playtech's game Lakshmi Gold a payline video slot has also come under fire for depicting Hindu deities. Many Hindu figures have come forward demanding that the game be removed, but it has not so far.
The Amaya Gaming Group is the largest Canadian online gambling company, and it's only surpassed in size by two of the biggest gambling brands in history.
Unlike many companies on this list, they are an investment group which has purchased a number of major assets thought to be undervalued.
So far, they've been proven right over and over again under the leadership of CEO David Baazov who has taken the company from small beginnings to its current status as one of the primary juggernauts in the online gambling world.
Two major actions have really defined Amaya in its current state. The first was its purchase of CryptoLogic.
CryptoLogic was once the largest online casino software provider in the world, but they ran into a lot of financial problems and lost their position because of poor leadership.
Baazov targeted this company and purchased it to shore up their own online casino holdings. They were immediately in the green after restructuring, and they have remained profitable since.
What really makes Amaya a big deal right now is that they are the center of the online poker world after purchasing PokerStars and Full Tilt Poker in Several billion dollars had to be raised for the purchase, and it helped to make Canada the biggest country in the world for online poker.
The deal was so big that they are being investigated for their position on the Toronto Stock Exchange , but no charges have been filed as of the time of this writing.
Known as the largest gambling company in Ireland, Paddy Power has made an exceptional name for themselves.
Aside from providing excellent services, they've mostly done this through outrageous marketing campaigns that have gotten them into hot water more than once.
The company itself was founded in when three bookmakers combined their shops under one name. They were then particularly aggressive about expanding to more betting shops in the late s and early s which gave them a foothold on the industry that they were able to parlay into a foothold on the online gambling world.
Paddy Power has frequently been seen as the king of controversy. For example, when Barack Obama was elected as the President of the United States in late , they offered a bet at Many people took this to believe they were offering a bet on Obama's assassination.
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