The Biggest Casino Company In The World
The value of the global gambling market is huge, with revenues expected to hit $525 billion by 2023. It is no surprise then, that casinos are some of the biggest businesses in the world, and when they are grouped together into one giant conglomerate, their revenues are off the chart.
WinStar World Casino (600,000 + square feet) Found in Thackerville, Oklahoma, about an hour south of Oklahoma City and one hour north of Dallas, the WinStar World Casino is the largest casino in the world. It has more than 600,000 square footage of gambling. The casino was originally opened in 2003 but was given a large addition in 2013. At the time it made MGM the largest casino company in the world. In 2010, the company went through another name change to its current iteration, MGM Resorts International. Part of the reason for the name change was that they wanted the name to reflect that they were hoteliers as well as a casino company as they were opening resorts without casinos. In terms of the sites GVC Holdings own, the biggest casino in the world of GVC holdings is probably Foxy Casino, who are a huge name in their own right. There’s also Party Casino and CasinoClub, to name but a few.
The giant corporations operate globally, with interests in places like Las Vegas and Macau, arguably the two most popular casino destinations.
Of course, there aren’t just those who own brick-and-mortar casinos, as there are also online casinos who offer an alternative to physically going out and visiting a casino. If staying in the comfort of your own home to play your favourite slots game is more your thing, then check out no deposit slots from Betfair.
Let’s take a look at the biggest casino companies.
Las Vegas Sands Corporation
The biggest casino company in the world is the Las Vegas Sands Corporation, who own several casinos in the United States and Asia. It owns two resorts along the most famous casino strip in the world – the Las Vegas Strip. These are The Palazzo and The Venetian, with the latter built on the site of the old Sands Hotel.
Outside of Las Vegas, but remaining in the United States, Las Vegas Sands also owns the Sands Casino Resort Bethlehem, which is located in Bethlehem, Pennsylvania. Their non-American casinos include the Sands Macao, Sands Cotai Central, The Venetian Macao, The Plaza Macao, Four Seasons Hotel Macao, and The Parisian Macao, which are all located in Macau. Their most recent addition was the Marina Bay Sands in Singapore.
The corporation employs in excess of 50,000 people and the company’s revenue in 2017 was close to $13 billion.
MGM Resorts International
When you take a look at what MGM Resorts International has under its list of brands, it’s quite an incredible list. MGM Grand, Bellagio and The Mirage are the most recognisable names under the MGM name.
The company dates back to 1969 when Kirk Kerkorian bought a stake in the MGM film studio. It wasn’t until 1973 that it would become part of the casino industry, after it opened the MGM Grand Hotel and Casino. In 1978 it expanded its casino portfolio with the opening of the MGM Grand Reno.
It’s now one of the most recognised names in the gambling market and its 2017 revenues were in excess of $10.5 billion.
Genting Group
The third biggest casino operator comes in the form of Malaysian conglomerate Genting Group. With over 70 casinos and resorts in its portfolio, the Genting Group boasts a global presence in the gambling industry and will continue to grow.
Its largest portfolio is surprisingly in the UK, where Genting own 47 casinos, including the Crockfords Club and the Palm Beach Casino, both in London and Resorts World Birmingham. They also have stakes in casinos in Malaysia, Singapore, China, Korea, the Philippines, the US, and the Caribbean.
The Genting Group’s 2017 revenue was just under $10.5 billion, but with interests across the world, you can expect that figure to grow exponentially in the next few years.
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
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
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 Biggest Casino Company In The World History
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.