About Gambling Tech sector in London, United Kingdom
The Gambling Tech sector in London, United Kingdom comprises 431 companies, including 74 funded companies having collectively raised $1.22B in venture capital money and private equity. Out of these, 58 are Series A+ funded.
Gambling Tech sector in London, United Kingdom has seen 39 acquisitions and 5 IPOs. This represents almost 10.2% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes online platforms offering gambling activities such as betting, bingo, casinos, lotteries, etc. Also includes technological solutions that facilitate gambling online and in offline establishments.
Gambling Tech sector is also known as Internet Betting Tech, BetTech, GambleTech, eCasino, CasinoTech or Betting Tech.
All online platforms that facilitate online gambling and tech solutions which enable gambling both offline and online. Gambling game developers and distributors are included. Also, includes gambling tools for players. Brick and Mortar Gambling Establishments; Casual gaming and esports platforms; Companies providing services to the gambling industry; Fantasy Sports Platforms; Online Gambling platforms with non-monetary rewards/winnings; Companies manufacturing traditional hardware for casinos.
Top Gambling Tech Companies in London, United Kingdom
There are 431 Gambling Tech startups in London, United Kingdom which include SciPlay, William Hill, GAN, Midnite, Betfair Group. Out of these, 74 startups are funded, with 58 having secured Series A+ funding.
Over the past 10 years, an average of 24 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University College London, University of Oxford and London Business School (LBS).
Here is the list of top Gambling Tech startups in London, United Kingdom
1. SciPlay
SciPlay is a developer & publisher of mobile games. The company specializes in developing casual games such as a puzzle, action, casino, etc. Some of the games developed by the company include Jackpot Party Casino, Gold Fish Casino Slots, Quick Hit Slots, Bingo Showdown, etc. These games are available on Android, iOS & Amazon App Store. It generates revenue through in-app purchases.
Key facts about SciPlay
- Founded Year: 2007
- Location: London (United Kingdom)
- Stage: Public
- Investors: Getaneh Global and Scientific Games
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 5 of 973 Competitors
2. William Hill
William Hill is an app-based online gambling platform offering multi-category games. The platform enables users to wager on casino games, sports betting, poker, bingo, and more. It offers features like a secured platform, variant payments, engaging UI/UX, etc. The mobile application is available for Android and iOS platforms.
Key facts about William Hill
- Founded Year: 1934
- Location: London (United Kingdom)
- Stage: Acquired
- Investors: Treasury, AAIC Ventures and 4 Others
- Latest Funding Round: Post IPO, Mar 10, 2020, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 3 of 9,791 Competitors
3. GAN
Manufacturer of gaming machines providing new and exciting entertainment experiences. The company aims to surpass previous industry offerings with its products. It focuses on injecting innovation into the global gaming market. The organization develops gaming machines with the goal of creating more engaging casino experiences. The company’s developers contribute their passion to each new gaming machine.
Key facts about GAN
- Founded Year: 1995
- Location: London (United Kingdom)
- Stage: Acquired
- Investors: STRS Ohio, IIU and 6 Others
- Latest Funding Round: Post IPO, Oct 19, 2020, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 2 of 177 Competitors
4. Midnite
Midnite is an Esports betting platform for players. The company is an esports betting platform that enables gamers to bet on various esports games including Fortnite, CG GO, League of Legends, and more. Gamers can compete with other users and win prizes.
Key facts about Midnite
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $35M
- Investors: Raine, Makers Fund and 21 Others
- Latest Funding Round: Conventional Debt, Oct 01, 2025, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 6 of 5,962 Competitors
Betfair Group is an International Internet sports betting company. The Company's website offers a wide range of sports betting and gambling related activities online in the United Kingdom and internationally. The company operates through Betfair Excl. US and Betfair US segments. Its products include Betting Exchange that enable its customers to bet against each other by backing or laying outcomes at prices they determine; and Sportsbook, a fixed-odds sportsbook where customers bet directly against Betfair on sporting outcomes. The company also offers a range of gaming products, including casino, arcade, poker, bingo, and exchange games; and online horse racing betting services, as well as online casino services. The company is also developing automated price feeds to third parties, establishing white-label exchanges and through its own Betfair Mobile product. Company has annual revenue more than $462M. Betfair floated on the London Stock Exchange with a stock symbol of BET on 22 October 2010. Company was founded in 2000 and is headquartered in London, the United Kingdom.
Key facts about Betfair Group
- Founded Year: 2000
- Location: London (United Kingdom)
- Stage: Acquired
- Investors: SoftBank Capital, Balderton Capital and 7 Others
- Latest Funding Round: Series A, Feb 28, 2006, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 8 of 5,962 Competitors
Companies founded year-on-year in the Gambling Tech sector in London
53 Gambling Tech startups in London were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 3 |
2024 | 14 |
2023 | 14 |
2022 | 17 |
2021 | 38 |
2020 | 50 |
2019 | 53 |
2018 | 29 |
2017 | 24 |
Stage-wise distribution of Gambling Tech sector companies in London
Out of the total 431 Gambling Tech companies in London, 74 have secured funding. Among them, 58 have reached Series A or higher, and 50 to Series B or beyond.
Founded - 431
Funded - 74
Series A+ - 58
Series B+ - 50
Series C+ - 47
Company Stage | No. of companies |
|---|---|
Founded | 431 |
Funded | 74 |
Series A+ | 58 |
Series B+ | 50 |
Series C+ | 47 |
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Funding Trends in the Gambling Tech sector in London
Total funding year-on-year in the Gambling Tech sector in London
The Gambling Tech sector in London saw a total funding of more than $832M in the last 10 years. The most amount of funding was in 2017 at more than $527M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $110M |
2024 | - |
2023 | $717K |
2022 | $89M |
2021 | $5.52M |
2020 | $6.8M |
2019 | $34.3M |
2018 | $16.6M |
2017 | $527M |
Recent Funding Rounds in Gambling Tech in London
In the year 2025, till April 2025, Gambling Tech companies in London have raised $10M in equity funding across 2 rounds.
In the same period last year (i.e. till January 2024), Gambling Tech companies in London had raised equity funding across 1 round.
Here are some recent, important funding rounds in Gambling Tech companies in London:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8007 | Apr 17, 2025 | ||
Series B | 1219 | Apr 14, 2025 | ||
Seed | 2467 | Jan 25, 2024 | - | |
Seed | 6493 | Aug 31, 2023 | - | |
Seed | 8356 | Jul 28, 2023 | - |
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Top Investors in Gambling Tech in London
Velo Partners is the top investor in Gambling Tech companies in London based on number of companies invested.
Here are some top investors in Gambling Tech companies in London:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | ||
London (United Kingdom) | ||
New York City (United States) | ||
London (United Kingdom) | - | |
London (United Kingdom) |
M&A activity in Gambling Tech sector in London
In the year 2024, till November 2024, 6 acquisitions happened in Gambling Tech sector in London. Last year, in 2023, a total of 5 acquisitions happened in Gambling Tech sector in London.
Here are some recent, important acquisitions in Gambling Tech sector in London:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Management Buyout | Nov 11, 2024 | ||
Business Acquisition | Aug 02, 2024 | ||
Business Acquisition | Jul 04, 2024 | ||
Business Acquisition | Jul 01, 2024 | ||
Business Acquisition | Apr 04, 2024 | - |
Acquisition trends in Gambling Tech sector in London
Here are the acquisition trends in Gambling Tech sector in London:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 6 |
2023 | 5 |
2022 | 3 |
2021 | 5 |
2020 | 2 |
2019 | 5 |
2018 | 5 |
2017 | 1 |
IPOs in Gambling Tech in London
In the year 2021, till April 2021, 1 IPO happened in Gambling Tech sector in London.
Here are some recent, important IPOs in Gambling Tech sector in London:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 23, 2021 | New York Stock Exchange (NYSE) | |
May 05, 2020 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 03, 2019 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 19, 2015 | London Stock Exchange (LSE) | |
Oct 22, 2010 | London Stock Exchange (LSE) |
Colleges which produce the most Gambling Tech companies in London
Companies founded by alumni from top colleges in the Gambling Tech in London
Most number of Gambling Tech startups in London have been founded by alumni from University College London, University of Oxford and London Business School (LBS).
College | No. of companies |
|---|---|
University College London | 3 |
University of Oxford | 3 |
London Business School (LBS) | 2 |
Stanford Business School | 2 |
University of Bristol | 2 |
Yale University | 2 |
INSEAD | 1 |
Imperial College London | 1 |
Stanford University | 1 |
Tel Aviv University | 1 |
Total funding in Gambling Tech companies founded by alumni from top colleges in London
In the last 10 years, Yale University graduates' Gambling Tech companies in London have raised the most funding among top colleges. Tel Aviv University alumni are second, and London Business School (LBS) alumni are third.
College | Total Funding |
|---|---|
Yale University | $134M |
Tel Aviv University | $53.2M |
London Business School (LBS) | $37.1M |
University of Oxford | $1.66M |
University College London | $700K |
INSEAD | - |
Imperial College London | - |
Stanford Business School | - |
Stanford University | - |
University of Bristol | - |
Top News in Gambling Tech in London
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William Hill withdraws from 13 global markets ahead of major regulatory shiftsReadWrite•Nov 21, 2025•William Hill
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Push Gaming unveils Masked Mayhem slot with new 'Win Zone' featureiGaming Business•Oct 01, 2025•Push Gaming
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Push Gaming launches Razor Returns bet365 edition in landmark content collaborationiGaming Business•Aug 28, 2025•Push Gaming
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Push Gaming launches Fire Pig Push Ways slot with oriental themeiGaming Business•Aug 13, 2025•Push Gaming
