 |  Sporting Bet is number one according to Power 50 survey
3 Aug 2005
Sporting Bet is one of the world's largest publicly traded online betting, online gambling, and online casinos businesses and a recent survey by the magazine eGaming Review has named Sporting Bet as the number one company worldwide in the online casinos and online gambling industry. What is notable is not only the accomplishment of being an online casinos site getting first place, but that Sporting Bet is getting it two years in a row. The eGaming Review Power 50 survey judges online casinos, online gambling, and other online businesses based on scale, reach, influence their company’s diversity.
Sporting Bet was founded in 1998 and since trading on the online betting company began on the London Stock Exchange, has done very well for itself, with online casinos and gambling brands in the United States such as Sports Book and Paradise Poker (which Sporting Bet acquired last fall). The online casinos company enjoys a market capitalization on the London Stock Exchange of over $2 billion.
Sporting Bet CEO Nigel Payne says "Our customers understand that we provide the best online gambling entertainment with the widest possible choices, and that we do so responsibly. We take very seriously the role we play in the online casinos industry and that is why we are leaders in the effort to deter underage and excessive gambling. We have invested significant resources in technology which provides a safe and secure online casinos and sports book wagering environment, and we are extremely pleased to have won again, in all categories. According to the survey we were the only top five firm to tick off all boxes under the criteria that was set out a year ago. In addition, eGaming says our influence on every branch of the online betting and online casinos business remains huge...we're very proud of ourselves."
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