7 Biggest and Most Powerful Casino Companies in the World

best casino companiesEvery year, the global casino gambling industry generates revenues in tune of several billions of dollars and continues to grow steadily with the passage of time. The casino companies are now competing fiercely for the market share because of the new market openings, and the companies are doing their best to survive and remain in the business.

During the past five years, the big tycoon casino companies are compelled to change their existing gaming strategy and are implementing new marketing rules and techniques to meet the demands of the industry and players alike.

People are now tired of playing the same casino games and other monotonous game offerings. Casino companies are now doing their best to keep themselves updated with the current market trends so that they can reach out to a large group of people and players come back to them for fun and entertainment.

The casino companies who were quick to respond to the gaming changes and implement the same by meeting the demands of the industry and players are doing exceptionally well and flourishing. On the other hand, casino companies that have failed to respond to the new gaming protocols are failing miserably, and their profits are diminishing and compelling them to shut down.

7 Best Casino Companies around the World

Today, we will discuss some of the biggest and largest casino companies in the world and try to learn about their history, gaming features and other essential details.

1. Las Vegas Sands Corp

Las Vegas Sands CorpIt is regarded as the highest grossing casino company in the world right now and has some of the most prominent casino properties located at China, Macau, Nevada and Las Vegas.

Some of the biggest and most popular casino resorts owned and operated by Sands Corp around the world are – Sands Casino Resort Bethlehem, Marina Bay Sands Singapore, Venetian Casino Resort Macau and Palazzo Las Vegas.

In September 2016, the company opened a casino resort called “Parisian Macau” with a total cost of $3 billion. The casino resorts are famous for its gaming and entertainment, accommodations, convention and exhibition facilities, clubs and restaurants.

The casino company was founded 30 years ago back in 1988 with its headquarters located in Nevada in the United States with more than 40,000 employees around the globe. Sheldon G. Adelson is the founder and current Chairman and CEO of Sands Corp.

2. MGM Resorts International

MGM Resorts InternationalIt is another top-rated casino company operating destination resorts in Mississippi, New Jersey, Maryland and Detroit. Recently, it opened the MGM Springfield in Massachusetts and MGM National Harbor in Maryland. The company commenced its gaming operation in 1986 and was formerly known as Grand Name Co.

Kirk Kerkorian was the founder, and the company has its headquarters at Nevada in the United States. As on date, the casino company is having more than 70,000 employees working at different places across the world. James J Murren is the present Chairman and CEO of MGM Resorts International.

3. Caesars Entertainment Corporation

Caesars Entertainment CorporationIt is an American gaming company that owns and runs more than 50 casinos and 7 golf courses under several brand names. It is the third largest gaming company with annual revenues more than $10 billion. It is a very old company that has been in existence for more than 80 years. The company was founded way back in 1937 by William F Harrah with currently 65,000 employees worldwide.

Some of the famous casinos operated by Caesars are Harrah’s New Orleans Casino & Hotel, Horseshoe Casino Hammond, Caesars Atlantic City Hotel & Casino and Bally's Atlantic City. It runs and operates some big casino resorts in Vietnam and Egypt. The company is experiencing tremendous challenges at the moment after it filed for bankruptcy back in 2015.

4. Crown Resorts

Crown ResortsIt is another famous and colossal casino gaming company known to be the most significant entertainment group in Australia with a market capitalisation of more than A$8.7 billion. The company owns and controls two big casinos namely Crown Perth and Crown Melbourne.

The company was founded 11 years ago on 31st May 2007 with headquarters at Melbourne in Australia. Robert Rankin is the Executive Chairman, and the company had generated annual revenues worth A$4.71 billion in 2014-15. Crown Resorts is now teaming up with Melco International for opening “City of Dreams” casino at Macau in China.

5. SJM Holdings

SJM HoldingsIt is a tourism and entertainment company in Macau which is owned and operated by Stanley Ho and his family members. Historically, it is the only company that had a monopoly over the gambling industry of Macau as the sole licensee for the casinos. The monopoly was broken in 2002 when the government started issuing more licenses.

The company owns and operates 14 casinos in Macau. It was founded 56 years ago back in 1962. The presence of this company is the largest in the Asia continent. Some of the big casinos owned by the company are Casino Babylon, Casino Casa Real, Casino Diamond and Casino Emperor Palace.

6. Wynn Resorts Ltd

Wynn ResortsIt is another prevalent and reputed casino gaming and entertainment company with the developer of high-end hotels and resorts. It was founded 16 years ago in 2002 by Steve Wynn and is now run by CEO Matthew Maddox. As of now, the company has developed 5 casino properties and working on the sixth one. As of now, the company has 24,500 employees and made revenues of $4.47 billion in 2016.

The company is known for running some of the big casino resorts in Macau and Las Vegas that includes Wynn Macau, Wynn Encore Las Vegas and Wynn Las Vegas. Recently, it has opened a casino resort called Wynn Palace at Macau with an investment of $4 billion. It is in the process of developing a new casino called Wynn Boston Harbor Resort.

7. Galaxy Entertainment Group

Galaxy EntertainmentIt is a Chinese entertainment company that owns and operates many casinos and hotels in Macau through its subsidiary called Galaxy Casino S.A. The company was founded approximately 30 years ago back in 1980 by Lui Chee Woo. The company was formerly known as K Wah Construction Materials, and its headquarters are located at Hong Kong.

Francis Lui is the Chairman and CEO of Galaxy Entertainment and has generated revenues worth HK$51 billion in 2015. It runs many famous casinos like Rio Casino & Hotel Macau and Broadway Macau, Waldo Casino Hotel, StarWorld Casino & Hotel, President Casino & Hotel and Galaxy Macau Casino.

Related Articles

Top 5 Mangas Involving Casino Games and Gambling

Many people know Japan as the “Land of Rising Sun” while for other this county is the home of warriors,

13 Common Slot Machine Myths & Misconception Debunked

No segment of the gaming industry has greatly benefitted from the technology revolution than slot machines. Once thought as the

9 Online Gambling Trends 2018 and Future of Casino Gaming

Introduction There is a rapid growth of technology in the past few years, and when it comes to gambling and

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment


Right Menu Icon