The online gaming industry is one of the most fascinating aspects of the economy in Estonia. As an outsider you might wonder how people make money in such an isolated and tiny country far from the economic hubs like Brussels, Tokyo or San Francisco.

In fact, Estonia has not been waiting for handouts from other nations but we realize we have to build our economy from the scratch not hoping too much for our neighbors. Especially, as our big neighbor Russia has suffered with political and economic turbulence for centuries.

The advantages of Estonia as a business hub

There are many countries trying to modernize their economy and businesses but always there are some who stand out. On top of Estonia there are countries like Israel for which the technological innovation is vital to keep the country running and protect them from hostile neighbours.

What makes Estonia different is hundreds of cryptocurrency start-ups and businesses that offer real money betting services. You can call them casinos and in fact, most of them are focused on offering games like slots and live casino games. The biggest online gaming companies in Estonia have global reach and offering sportsbook, poker and many other games of skill and games of chance.

In recent years the Estonia’s economy has suffered some shock as the business with Russia has been completely cut off. Plus some of our main export markets like Sweden and Germany are also not doing all that good.

As a small country being part of EU we are fairly confident over the years we will see some positive signs as small economy is very versatile and dynamic for adaption with new market conditions and making necessary changes on both the goverment level and private sector.

Gaming companies like Playtech play a huge role in our economic growth but even them rely on the excellent infrastructure and services to attract the qualified workforce to come and live here in the tiny Nordic country as we like to think of ourselves.

Which are some of the most important players in global gaming industry right now?

Globally, the key players dominating the gaming industry are as follows:

  1. Sony Interactive Entertainment (SIE): Known for the PlayStation consoles and exclusive titles like “God of War,” “Uncharted,” and “The Last of Us.”
  2. Microsoft Corporation: Through its Xbox brand, Microsoft competes with Sony in the console market. They also own game studios like Bethesda Softworks, known for franchises like “The Elder Scrolls” and “Fallout.”
  3. Nintendo: Famous for its innovative consoles like the Nintendo Switch and iconic franchises like “Mario,” “The Legend of Zelda,” and “Pokémon.”
  4. Tencent: A Chinese conglomerate with significant investments in various gaming companies worldwide, including Riot Games (developer of “League of Legends”) and partial ownership of Epic Games (creator of “Fortnite”).
  5. Activision Blizzard: Known for franchises like “Call of Duty,” “World of Warcraft,” and “Overwatch.”
  6. Electronic Arts (EA): Publishes popular sports games like “FIFA” and “Madden NFL,” as well as franchises like “Battlefield” and “The Sims.”
  7. Epic Games: Creator of the Unreal Engine and “Fortnite,” as well as the Epic Games Store.
  8. NetEase: A major Chinese gaming company with a significant presence in mobile gaming, especially in China.
  9. Netmarble: A South Korean mobile gaming company known for titles like “Lineage 2: Revolution” and “Marvel Future Fight.”
  10. Supercell: A Finnish mobile game developer famous for games like “Clash of Clans,” “Clash Royale,” and “Brawl Stars.”
  11. Ubisoft: French game developer and publisher behind franchises like “Assassin’s Creed,” “Far Cry,” and “Watch Dogs.”
  12. Square Enix: Creator of iconic RPG franchises like “Final Fantasy” and “Dragon Quest.”