Have you ever wondered what is the richest casino in the world? We did and investigated leading casino companies to see who earned the most in revenues. Using 2017 revenue reports, we found these top five casino companies.
Wynn Resorts - $6.3 Billion
Casinos operated by Wynn Resorts took in over $6.3 billion in 2017. The list of casinos includes Wynn Las Vegas and Encore, Wynn Palace in Macau, and Wynn Macau. Wynn Las Vegas and Encore saw revenues of $142.7 million just in the fourth quarter. Slots paid out over $56 million in that quarter so players benefit when they choose the slots at Wynn Resorts.
Galaxy Entertainment Group - $8 Billion
Based in Hong Kong/China, Galaxy Entertainment's 2017 revenues reached $8 billion. The casino division owns Broadway Casino, several CityClub casinos, Galaxy Macau, and StarWorld Macau. Galaxy Macau alone saw revenues of approximately $4.7 billion from just the casino games.
Genting Group - $10.3 Billion
This Malaysian casino company took in $10.3 billion in revenues in 2017. Casinos in this company's portfolio include Resorts World Las Vegas, Resorts World New York City, several Resorts World properties in Malaysia, Resorts World in Birmingham, England, Resorts World in Singapore and Resorts World Bimini in the Bahamas. The company also has four Genting Casinos in London.
A large percentage of the company's revenues come from casinos in Malaysia and Singapore. Only about 8 percent of the revenue is brought in by casinos in the United States and the Bahamas.
MGM Resorts - $10.7 Billion
In 2017, the revenues at MGM Resorts reached $10.7 billion. MGM Resorts has several casino resorts in Las Vegas. They include Aria, Bellagio, Circus Circus, Excalibur, MGM Grand, and New York-New York. MGM Resorts also has casinos in Maryland, Massachusetts, Michigan, Mississippi, and New Jersey. Two new resorts in Cotai and Macau are scheduled to open in 2018.
Las Vegas Sands - $12.88 Billion
With reported revenues of $12.88 billion in 2017, Las Vegas Sands tops the list of highest revenues for a casino company. In Las Vegas, Sands owns several properties: The Palazzo, Sands Expo and Convention Center and The Venetian. Bethlehem, Pennsylvania, is home to Sands Bethlehem. There are also casinos in Macao and Singapore.
Net revenues reached $3.44 billion in the fourth quarter of 2017. That was an increase of almost 12 percent from 2016 to 2017. Table games and slot machines are popular in the Asian casinos and account for about 60 percent of collected revenues each quarter.
In addition to revenues brought in by the casino resorts, some offer online casinos. In Las Vegas, people need to be residents of Nevada in order to play. If you're not in Nevada, there are many other U.S.-friendly online casinos where you can play casino games for real money. Be sure to register, deposit, and play at our recommended online casinos.
