The online casino and betting sector is generating fortunes that rival tech titans. Bristol fintech platforms, affiliate media companies, and crypto-native operations have created a new breed of billionaires—and multimillionaires—who thrive behind the scenes. As legacy gambling giants like Bet365 weigh sale options, other operators go public or scale through affiliates, redefining wealth in the industry.
Here’s an exploration of the most prominent owners and founders shaping the online gambling wealth landscape in 2025.
1. Jason Robins – Co-Founder & CEO, DraftKings
Estimated Net Worth: ~$330 million Company: DraftKings (sports betting, daily fantasy, casino)
Jason Robins co-founded DraftKings in 2011, and today, he helms a betting and casino juggernaut with a US brand value rising 59% to approximately $5.1 billion. As of 2025, Robins still owns a controlling personal stake—187,500 shares valued at roughly $75 million—and has earned up to $70 million through stock sales. His salary hovers around $1.2 million annually.
Despite massive institutional ownership (~85% of DraftKings shares held by investment firms such as Vanguard, BlackRock, Fidelity, Robins remains the face of the company, guiding its expansion and innovation in US-market-regulated sports betting.
2. Jesper Søgaard & Christian Rasmussen – Co-Founders, Better Collective
Estimated Net Worth: Not publicly disclosed but collectively substantial Company: Better Collective (sports betting affiliate media)
Better Collective, a Stockholm-listed affiliate and sports betting media specialist, is led by co-founders Jesper Søgaard and Christian Kirk Rasmussen. Both remain major shareholders—each with a stake around 16.9%—giving them substantial ownership and likely net worth in the hundreds of millions.
The company has reported strong growth, with Q1 2024 revenue up 8.1% year-on-year to €95 million and profitable esports revenue contributing €20 million with a 60% margin in 2024. Søgaard’s 2025 net worth is estimated around $151 million—reflecting profitable growth and affiliate dominance in North America and Brazil.
3. Erik Bergman – Founder, Catena Media
Estimated Net Worth: ~$50 million Company: Catena Media (online casino affiliate and lead generation)
Erik Bergman co-founded Catena Media, bringing it from a basement startup to a publicly traded affiliate marketer valued around $17 million in market cap, with trailing revenues near €44 million. His net worth now stands at approximately $50 million, thanks to IPO gains and early equity.
While Catena’s recent financials include revenue declines and restructuring efforts, Bergman’s early success in affiliate marketing made him one of the few affiliate founders to accumulate seven figures in net worth through organic growth.
4. Ed Craven & Bijan Tehrani – Co-Founders, Stake.com
Estimated Combined Net Worth: ~$2.8 billion Platform: Stake.com (crypto-first online casino and sportsbook)
Stake.com, born of the unregulated crypto gambling sphere, produced staggering growth. Forbes lists both Ed Craven and Bijan Tehrani with estimated net worths of $2.8 billion, solidifying their place among younger gaming moguls. Craven is also expanding into broader entertainment through Kick, a livestreaming platform with 54M users, aiming to integrate fiat into Stake’s operations amid global licensing pursuits.
5. Flutter Entertainment (FanDuel majority owner) – Lifting the Industry Wealth Ceiling
Company: FanDuel (now wholly owned by Flutter) While not tied to a single individual, Flutter Entertainment has completed a $1.76 billion acquisition of the remaining 5% of FanDuel, valuing the platform at $31 billion—surpassing DraftKings in market capitalization. This deal reinforces the immense scale of wealth generation within online gambling operations and underscores the increasing corporate consolidation.
Expert Insight from Casino Industry Authority
“The list of top wealth holders in online gaming reflects two trends: founders who built global brands through licensing and innovation, and affiliate media operators monetizing referrals. For the average player, understanding these backstories helps distinguish between operators backed by strong capital and those running lean affiliate models.” — Mark Taylor, Casino Industry Watcher – casinowhizz.com
This insight underscores how diverse business models—from platform ownership to affiliate marketing—impact operational transparency and reliability for end-users.
Summary Table: Wealth Among Industry Players
| Name(s) | Company | Estimated Net Worth |
| Jason Robins | DraftKings | ~$330 million |
| Søgaard & Rasmussen | Better Collective | ~$151 million (Søgaard) |
| Erik Bergman | Catena Media | ~$50 million |
| Craven & Tehrani | Stake.com | ~$2.8 billion each |
| Flutter (FanDuel) | FanDuel | $31 billion valuation (not individual) |
Why It Matters
- Capital Strength: Founders like Craven or Robins hold significant equity, aligning their incentives with sustained company performance.
- Business Model Evolution: Affiliate operators like Better Collective and Catena Media have built wealth through content rather than gaming operations.
- Industry Trust Signals: Players benefit from knowing whether their operator is backed by regulated funding or offshore crypto models.
- Wealth Distribution: The shift from legacy casino ownership to digital-first models shows how internet platforms created new wealth pathways.
