World’s Biggest Publicly Traded Casino Businesses
Casino businesses with multiple properties and substantial revenue for investors who want to diversify their portfolio
Technological advances and innovations have played an important role in the growth of the gambling industry around the world. Factors such as instant plays, a wide selection of games, low wagering requirements, and exclusive offers also explain the growth of casinos and why the industry consistently generates huge revenue. So here are the biggest publicly traded gaming businesses to look into if you plan on diversifying your investment portfolio.
MGM Resorts International
With revenue of about $9.5 billion, MGM Resorts operate in the U.S., Australia, Vietnam, and China, featuring amenities such as entertainment, gaming, fine dining, and hotel accommodation. Major properties in the Las Vegas Strip include Circus Las Vegas, The Mirage, and Mandalay Bay, offering plenty of entertainment, exciting nightlife, and exceptional shows. At MGM casinos, you will find the full suite of gaming options, from table games and slot machines to poker rooms and sports betting.
Las Vegas Sands Corporation
Founded in 1988, Las Vegas Sands is a resort and casino business with properties in Singapore, United States, and China. Major properties like Marina Bay Sands, The Venetian Macao, and Sands Expo offer clubs, restaurants, entertainment, gaming, hotel accommodation, and exhibition and convention facilities. Found in Singapore, Marina Bay Sands offers luxury accommodation, restaurant deals, a multitude of shopping venues, busy nightlife, and major landmarks and attractions. With a gaming area of about 15,000 square meters, the resort casino offers a wide selection of games, ranging from baccarat and blackjack to slots, sic bo, roulette, and craps. Singapore Pools is another major gaming operator here, offering horse racing, sports betting, and lottery tickets. With some $8 billion spent on betting and toto sgp pools is a major operator that offers both onsite and online gaming.
A pioneer in the world of online gaming, NetEnt boasts revenue of over $186 million and aims to deliver high-quality digital systems and casino games. The company has released a number of popular slot games over the years, some of which Starburst, Mega Fortune, Aliens, and Dead or Alive.
Headquartered in Paradise, Nevada, Wynn Resorts operates luxury hotel properties and casinos in China and the U.S. Wynn Resorts was founded in 2002 and has annual revenue of over $6.6 billion. Among their properties are Encore Las Vegas, Wynn Palace, and Wynn Macao, offering top of the line accommodation, entertainment, fine and casual dining, gaming, master classes, and unique experiences. Their casinos feature the full suite of gaming options, including sports betting, roulette, blackjack, poker, and slots. The resorts have spacious gaming floors that offer visitors the chance to play classics and new releases such as Top Dollar, Monopoly, Megabucks, and Wheel of Fortune. Shopping arcades at resorts feature expensive labels like Louis Vuitton, Stella McCartney, Stefano Ricci, James Perse, and many others.