The global casino industry generates billions of dollars every year and continues to grow steadily as old markets keep growing, new markets keep opening and casino companies compete fiercely for market share and to be the best in the business.
The company operates online casinos in New Jersey, Pennsylvania, and West Virginia. In its first month of business in West Virginia, DraftKings Casino brought in 75% of the $50 million in total online wagers for the state. According to DraftKings IR, their online casino app now offers over 360 different games. Related Companies: DraftKings.
A company that makes gambling a vacation choice rather than a lifestyle one. Sure they have a lot of casinos on their books, but also a lot of hotels and resorts. (plus quite a few golf courses.) Las Vegas Sands 1 – Las Vegas Sands (USA) – $11.69 Billion. The home of gambling, so, of course, they are the biggest company. Read more: How Is the Online Gambling Industry Making Room for the Next Unicorn Company? Top 10 Sports Betting Companies in the Global Gambling Industry 888 Holdings. 888 holdings is one of the most popular online gaming operators, which operates 888 sports, casino, poker, and bingo brands. Top 10 Online Gambling Companies in the World. 1.International Game Technology (IGT) PLC: (HQ: London, England) IGT operates and provides an integrated portfolio of innovative gaming technology. 2.GVC Holdings PLC: (HQ: Douglas, Isle of Man) 3.Bet365.
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The biggest casino companies in the world have been forced to change their gaming and marketing strategy during the last 5 years as millennials have shown that they are tired of the traditional casino gaming offering and would only be loyal patrons if the casino could capture their attention by giving them an experience that caused them to come back for more.
Casino establishments who were quick to change and implement the changes and demands of the millennials across their casino properties did well, while casino companies who failed to adjust suffered as profits declined and some of their properties have had to shutdown.
Seven of The Best Casinos Companies Around ( Offline, landbased)
We take a look at seven of the most influential casino companies in the world today.
1. Las Vegas Sands Corp
The Las Vegas Sands Corp is the highest grossing casino establishment in the world and has some of the most popular casinos in Las Vegas, Nevada and Macau, China.
Some of casinos owned by the Sands Corp include the Palazzo Las Vegas, Venetian Casino Resort Macau, Marina Bay Sands Singapore and the Sands Casino Resort Bethlehem – which is the biggest casino resort in the world.
The company recently opened its $3 billion casino resort ‘Parisian Macau’ in September 2016. The 83 year old billionaire Sheldon Adelson is the chairman of the Las Vegas Sands Corp. The company made $14.5 billion in revenue during 2014.
2. MGM Resorts International
MGM Resorts International owns a number of iconic casino resorts all over the world including the biggest casino resort and hotel in the United States – the MGM Grand Casino Las Vegas. At one point of time, the late billionaire Kirk Kerkorian along with his Tracinda Corporation was the biggest shareholder in MGM Resorts.
Some of the flagship properties under the MGM Brand include the Bellagio Las Vegas, Mirage Las Vegas, Borgata Hotel Casino & Spa, MGM National Harbor, MGM Macau and the newly open and MGM Cotai.. The company is also in the process of developing a new casino – MGM Springfield
3. Caesars Entertainment
The company is one of the oldest casino companies in the world and has been around for more than seven decades. Caesars operates a number of well known casino brands such as Harrah’s and the Horseshoe casinos.
Some of its popular casinos include Ballys Atlantic City, Caesars Atlantic City Hotel & Casino, Horseshoe Casino Hammond, Harrah’s New Orleans Casino & Hotel. Caesars also operates casinos in Egypt and Vietnam.
The company brought in revenues of $8.5 billion during 2014 but is currently facing financial challenges.
4. Crown Resorts
Crown Resorts is the biggest casino brand in Australia operating a number of flagship properties down under. During recent years, the Australian billionaire James Packer who was the majority share holder in the company wanted to launch in new markets.
Crown teamed up with Melco International to open the ‘City of Dreams’ casino in Macau. Packer also tried to launch in Sri Lanka but had to abandon the plan after the ruling government cancelled the license. Crown is now looking to develop its first casino in the United States which is the Alon Las Vegas. The company made around A$4.7 million in 2014.
5. SJM Holdings
SJM Holdings is a Hong Kong based company that acts as the holding company for Sociedade de Jogos de Macau S.A.
It is owned by Hong Kong billionaire Stanley Ho and its presence is largest in the Asian continent, especially in Macau.
Some of the top casino properties belonging to SJM include the Grand Lisboa Casino & Hotel, Lisboa Casino Hotel, Grand Lisboa Palace, Ponte 16 Resort Macau and the Casa Real Casino.
6. Wynn Resorts
Wynn Resorts is led by chairman and billionaire Steve Wynn who believes in developing some of the most luxurious and world class casinos in the world.
Wynn Resorts has some of the top casino resorts in Las Vegas and Macau which include the Wynn Las Vegas, Wynn Encore Las Vegas, Wynn Macau and the recently opened $4 billion Wynn Palace in Macau.
Wynn Resorts is also in the process of developing a new casino called the Wynn Boston Harbor Resort after a long legal battle. The company made $5.4 billion in revenue during 2014.
Galaxy Entertainment
This is another Hong Kong based casino company that has concentrated on the Macau market.
It operates a number of casinos such as the Galaxy Macau Casino, StarWorld Casino & Hotel, Waldo Casino Hotel, President Casino & Hotel, Rio Casino & Hotel Macau and Broadway Macau. They are also planning to start construction on a new casino in Boracay, Philippines in 2019.
The Lui Family of Hong Kong are the majority shareholders in the company with a 50.3 percent stake.
This list of the ten largest casino companies in the world is ranked by their revenue, but many of these companies are not exclusively casino and gambling companies, some of them invest in other things and are always trying to innovate and predict the future of gambling. That is why this list will often change year on year. This list is proudly brought to you by Roulette77 simulator which is the perfect start for anyone looking to enjoy a quick game of Roulette. Much like these ten companies on this list…
10 – Paddy Power (Ireland) – $3.78 Billion
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These days Paddy Power and Betfair are the same things, the two formed in 2016 and have gone on to be Ireland’s biggest gambling powerhouse.
9 – Melco Crown Entertainment (China) – $3.97 Billion
They have been pretty much in charge of the gambling scene in Macau since 2003 and have gone on to become a global success in pretty much all they do.
8 – Wynn Resorts (USA) – $4.1 Billion
Wynn Resorts make paradise locations and if there just so happens to be a nice gambling location near there, then it is probably theirs.
7 – Genting (Malaysia) – $4.6 Billion
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This super powerful Malaysian conglomerate has over 41 years of experience in the casino industry and when they back a winning location, it pretty much always wins.
6 – Caesars Entertainment (USA) – $4.7 Billion
Many people (including myself) would have predicted this to be number one. After all, they own and operates over 50 casinos and hotels, but barely make a scratch in this list.
5 – William Hill (UK) – $5.17 Billion
William Hill was gambling way back in 1934 when it was illegal to gamble! Yes, this was once a criminal mastermind company, now of course gone legit.
4 – SJM Holdings (China) – $6.34 Billion
Once upon a time SJM Holdings held the monopoly on Macau’s gambling industry and was said to have owned 95% of all the casinos!
3 – Galaxy Entertainment Group (China) – $6.6 Billion
Galaxy Entertainment Group is another group that own and run a lot of casinos in Macau, but they also own many other things all over the world.
2 – MGM Resorts (USA) – $9.2 Billion
A company that makes gambling a vacation choice rather than a lifestyle one. Sure they have a lot of casinos on their books, but also a lot of hotels and resorts. (plus quite a few golf courses.)
1 – Las Vegas Sands (USA) – $11.69 Billion
The home of gambling, so, of course, they are the biggest company. But with more and more people turning to online gambling, this is a company that will only get smaller and smaller unless they invest heavily in online gambling. Which of course, they do anyway. But for how much longer can they hold this number one spot? Only time will tell.