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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.
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.
The first casinos to rise up out of the Las Vegas desert inthe 1930s resembled cowboy saloons crossed with motels. As time marched on,competing casinos began building larger and larger casinos in a race fordominance. Then came the glaring neon signs all competing to capture theattention of potential gamblers. As all those gambling dollars rolled in,megaresort casinos carved the skyline with high rise hotels and skyscrapers.
Tribal gaming opened up a new world of gambling, and globalexpansion of megaresort casino companies resulted in ginormous casinos beingdropped onto Oklahoma plains and Asian islands. You might be surprised to learnthat the largest casino in the world is not even located in Las Vegas. Thefollowing list of the world’s largest casinos is ranked by the size of thetotal gaming space, not the hotel rooms, pools, fountains, and shoppingcenters.
10. Casino Lisboa –Lisbon, Portugal
The tenth largest casino in the world by gaming floor sizeis the Casino Lisboa in Lisbon, Portugal. The Lisboa offers 1,100 game machinesand 26 game tables in 165,000 square feet of gaming space. The casino wasopened in 2006 by Stanley Ho and his Macau-based company Sociedade de Turismo eDiversões de Macau. The company also owns the Macau casino with the same name.
The casino cost €108.9 million to build, including a €30million concession fee. In addition to its large gaming space, the Lisboa has apoker room, 3 restaurants, 2 entertainment venues, and an art gallery.
9. MGM Grand – LasVegas, Nevada
As one of the everlasting icons of the LasVegas Strip, the MGM Grand places ninth in terms of a total gaming space of170,000 square feet. It features more than 2,500 slot machines and video poker,a 23-table poker room, and a total of 178 table games.
MGM Resorts International bought the Marina Hotel and Casinoin 1990 and renovated it at a cost of $250 million. It was renamed the MGMGrand, and initially opened with a Wizard of Oz theme, complete withanimatronic Oz characters and a Yellow Brick Road.
After further renovation and expansion over the years, thecurrent property swings an Art Deco theme reminiscent of classic Hollywood. TheMGM Grand was one of the first casinos on the Strip to bill itself as a fullentertainment experience for the whole family. It includes numerousattractions, fine restaurants, night clubs, and a theme park.
8. MGM Grand Macau –Macau, China
When the Portuguese island/peninsula colony of Macao wasreturned to China in 1999, the gambling monopoly ended for Stanley Ho and hiscompanies, and foreign investors were granted casino licenses on the new specialadministrative region of China now known as Macau. MGM Resorts Internationalwas one of the first developers to jump at the opportunity. Since then, theadditional development of several megaresort casinos has made Macauthe place with the largest gaming industry in the world, worth over $24billion per year.
The MGM Grand Macau was opened in 2007 at a cost of $1.25billion. Its gaming space of 222,000 square feet contains 1145 slot machinesand over 400 tables.
7. Sands Macao –Macau, China
Another heavyweight player in the megaresort casino realm isLas Vegas Sands (LVS). Sheldon Adelson’s casino empire has several jewels inits crown, including the Marina Bay Sands in Singapore, The Venetian Las Vegas,The Venetian Macao (also on this list), and the Sands Macao. Adelson remarkedthat most of the world’s major casinos are in Asia—including most of hiscompany’s holdings—and that Las Vegas should be called “America’s Macau.”
The Sands Macao was one of the first global casino importsinto Macau, which is now the largest gambling mecca in the world. The SandsMacao has 229,000 square feet of gaming space filled with 750 slot machines and1,000 gaming tables.
6. Tusk Rio –Klerksdorp, South Africa
The Tusk Rio Casino Resort in Klerksdorp, South Africa, hasa whopping 266,000 square feet of gaming space for 257 slot machines and 12gaming tables, there’s certainly a lot of elbow room in this casino. Inaddition to relatively small number of slots and tables, there are a variety ofprivate gaming salons for gamblers who want their own space.
The hotel has 70 rooms, and the main décor theme for theresort is a homage to the first Rio Carnival in Brazil.
5. Ponte 16 – Macau,China
The Ponte 16 Resort in Macau boasts an impressive 270,000square feet of gaming space, filled with 320 slot machines and 150 gamingtables. The 423-room hotel and casino is located in the downtown Macau area,which is a UNESCO World Heritage site.
The Ponte 16 was built in 2008 by Stanley Ho’s casino groupSJM, in partnership with Macau Success Limited. Decked out in a sumptuousFrench-colonial theme, the Ponte 16 houses a very unique artifact: the gloveworn by Michael Jackson when he first performed his moonwalk. The casino boughtthe glove for $350,000. If one glove is not enough, you can probably find therest of Michael Jackson’s wardrobe distributed all over the world in Hard RockCafé joints.
4. Foxwoods ResortCasino – Ledyard, Connecticut
The new major players in the gambling game are the Indiannations and tribes of the U.S. With plenty of reservation lands and governmentpermission to build casinos on them, hundreds of the 500 federally-recognizedIndian tribes in the U.S. have done just that.
The Foxwoods Resort Casino in Connecticut is a proud productof the Mashantucket Pequot Tribal Nation, who built the 9-million-square-footresort on their reservation land. The massive resort complex includes 6 casinoswith a combined gaming space of 344,000 square feet. This is plenty of room forthe 5,500 slot machines and 250 gaming tables.
Tribal reservations and properties are not subject to thestatewide smoking ban, so Foxwoods allows smoking. However, it has designatedcommon areas such as the lobby, hallways, and restaurants, as non-smokingareas. The poker room is also non-smoking.
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3. City of Dreams – Macau,China
The third largest casino gaming floor in the world is in theCity of Dreams casino resort in Macau. Its 420,000 square feet of gaming spaceholds 1,500 gaming machines and 520 gaming tables. The hotel offers 1,400rooms, free shows, and the high-energy vibe of 70s and 80s discotheques.
They have spared no expense with the audiovisual feast forthe senses, and singles and couples can expect a swinging, hopping, boppinggood time. With a Bubble Fountain, Dancing Water Theatre, and 11 tons of videoscreens featuring swimming mermaids, it’s safe to say that the theme for theCity of Dreams is ‘water.’
The City of Dreams is owned by Melco Crown Entertainment, andthe property is located directly across from The Venetian Macao on the Cotai Strip, a casinoentertainment zone in Macau modeled after the Las Vegas Strip.
2. The Venetian Macao– Macau, China
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The second largest casino in the world by sheer gaming floorspace is The Venetian Macao, with 550,000 square feet of gambling going on. Thegaming space is filled with 3,400 slot machines and 800 gaming tables. Theresort has 3,000 suites, huge amounts of commercial and convention space, and a15,000-seat entertainment arena.
The sister casino to The Venetian Las Vegas was opened inMacau in 2008 by Las Vegas Sands. Both casinos share the Venice theme, completewith lavish renaissance-style construction, and gondoliers pushing gondolasalong canals with poles. The Venetian Macau’s 10.5 million square feet makes itthe largest casino resort in the world, the largest hotel building in Asia, andthe 7th largest building in the world by sheer floor area.
1. WinStar WorldCasino – Oklahoma
Drumroll, please: and the title of Largest Casino in theWorld goes to WinStarWorld Casino in Oklahoma. This tribal casino is owned by the ChickasawNation, who built the massive megaresort to house 600,000 square feet of gamingfloor area, 7,400 electronic games (slots and video poker), 98 table games, 46poker tables, and a bingo hall.
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The WinStar’s location in Thackerville, southern Oklahoma,places it in close proximity to Oklahoma City, Oklahoma, and Dallas/Fort Worth,Texas. The casino resort draws people from these 2 cities and beyond, as theDallas/Fort Worth airport is a major transportation hub and the fourth busiestairport in the world by aircraft movements.
So there you have it, megaresort casino fans. Whether youwant to gamble in Vegas, Macau, or a tribal casino, these monstrous megaresortsafford massive amounts of elbow room in which to get your game on.