Regulated iGaming operators worldwide: 2026 Atlas ranking

The ranking counts operator-market relationships labelled licensed or authorised in the current Atlas dataset. Each relationship connects one operator to one jurisdiction and records the product scope, evidence source and verification date.

The dataset currently contains 828 source-backed export rows drawn from 71 of 74 Atlas market profiles and 291 operator profiles. The downloadable global export combines 634 selected non-Brazil operator-market relationships with 194 official Brazilian brand records, preserving administrative authorisations and judicial-order records as separate legal-basis populations. Every row links directly to an official source or to a reproducible verification batch.

Bet365 has 29 licensed or authorised relationships in the reviewed dataset, ahead of DraftKings, BetMGM and FanDuel with 15 each. Its wider documented footprint also includes seven not-listed findings, one restricted Malta record and two relationships under review.

That distinction matters: 39 documented records do not mean 39 current licences. A record can preserve a historical market connection while the latest public register supports a different status.

DraftKings, FanDuel, BetMGM, Caesars Sportsbook and BetRivers have strong counts because the Atlas documents licensed relationships across multiple US state markets. Each state is treated as a separate jurisdiction because licensing is state-specific.

This does not make a state-by-state operator more globally available than a European brand. It shows that the dataset has verified more distinct local permissions for that operator.

The table does not rank revenue, customer numbers, website traffic, brand value or commercial reach. It also does not claim to contain every operator licensed anywhere in the world.

Atlas coverage reflects the jurisdictions and consumer brands researched so far. A regulator may publish hundreds of company records while the Atlas contains a selected set of brand-level matches. Those totals should not be confused.

One row joins a canonical operator profile to one regulator-defined jurisdiction. Great Britain, Sweden and Italy are separate relationships, and each US state is separate because permissions are issued and supervised locally. The model does not assign one universal legal label to a brand.

A single company can hold several licences or operate several consumer domains in one market. Atlas still counts one brand-market relationship for the ranking, then preserves product scope, legal entity, domain and official evidence inside that relationship.

Regulators frequently publish the licence holder under a company name that consumers never see. A defensible match therefore connects the brand to the exact legal entity and consumer domain shown by the official record. Group ownership alone is not sufficient.

The August audit illustrates the rule. Italy's ADM register added Stake Italy S.r.l. and stake.it under concession GAD 16017. Belgium's A+ dataset lists pokerstars.be in a class-specific row. Each finding created a bounded local relationship; neither was transferred automatically to other countries or products.

Some authorities license both player-facing gaming services and critical suppliers. Malta is the clearest example: its latest annual statistics combine B2C gaming-service and B2B critical-supply licences, while this ranking is built from consumer operator-market relationships.

For that reason, the 294 online companies and 302 online licences reported by the MGA at the end of 2025 cannot be inserted into the ranking as 294 consumer brands. Register totals, licence totals, legal entities and Atlas brand profiles measure different things.

Licensed and authorised records count toward the ranking because an official source supports a current local permission. Restricted, revoked, suspended, not-listed and under-review records remain in the evidence ledger but do not increase the positive-market total.

Not listed is deliberately narrow. It means that the researched brand, entity or domain was not found in the relevant current source after documented checks. It is not, by itself, a legal judgment, and it does not describe the operator in another jurisdiction.

The CSV and JSON downloads expose the ranking rows and definitions. To reproduce the order, group the current selected brand-market relationships by canonical operator, count statuses labelled licensed or authorised, then sort by that positive count. The table uses documented-record count as the first tie-breaker.

The headline quality total is broader because it also includes the additional official Brazilian brand rows that are searchable through the Atlas register dataset. This distinction is stated explicitly so the site-wide record total is not mistaken for the ranking denominator.

Use the table to identify operators with broad documented evidence, then open the operator profile and the individual market source. Do not treat a high ranking as an endorsement or assume that a licence in one country applies elsewhere.