yjcc.org Business & Society The Most Successful Gambling Companies

The Most Successful Gambling Companies



Gambling is an ever developing machine which attracts punters very easily. There are plenty of huge gambling companies and many of them are known to people just by their name. Others, while not as known are behind some of the world’s largest casinos.

Here are the world’s most successful companies, in no particular order.

MGM Resorts International

Their name dates back to 1987 when they started operating under the name of MGM Grand, Inc. while its origins can be traced back to Kirk Kerkorian, an airforce and business magnate, when he decided to take a major stake in Metro Goldwyn Mayer, the film studio.

The company had seen many changes during its lifetime and now owns a lot of very famous properties, both on the Las Vegas Strip and outside the city and even the States.

Some of the properties they own are the Bellagio, the Mandalay Bay resort, Mirage hotel, the Borgata Hotel, Casino & Spa, MGM Macau, MGM National Harbor and the developing MGM Springfield in Massachusetts.

Las Vegas Sands Corporation

This is another very prominent corporation which owns some of the most popular casinos such as the Venetian and the Palazzo. Outside the Strip, they own the Sands Casino Resort Bethlehem and outside the states the following casinos and resorts: The Venetian Macao, the Marina Bay Sands, Sands Macao, Sands Cotai Central and the Parisian Macao. This company is considered to be the largest casino company, worldwide.

Sheldon Adelson is the company’s founder, is the CEO of Sands and was the man behind the idea to build the Venetian. Apart from that, he is known for building the only privately owned conventions center in the States, the Sands Expo and Conventions Center.

SJM Holdings

This is a company which has the biggest presence in Asia, most notably, Macau. Their casino properties are the Grand Lisboa Casino & Hotel, Lisboa Casino Hotel, Casa Real Casino, Casino Lisboa in Portugal.

This company is owned by Stanley Ho, the company’s founder. He is a billionaire who held a monopoly on gambling in Macau for over 40 years. His other interests are aviation. The company runs private jet services in China and are developing a low-cost airline to offer routes to China’s most lucrative destinations.

Wynn Resorts

This rather new company is actually not that new. Their inception was in 2002 after Steve Wynn, its owner, sold Mirage Resorts to MGM Grand. Wynn Resorts’ first building was the Wynn Las Vegas. Shortly after that, they opened the Wynn Macau Resort, followed by the Encore at Wynn Las Vegas, Encore at Wynn Macau, the Wynn Palace and the up and coming Encore Boston Harbor.

There are many more casino companies out there, yet these ones stand out as they own many of the world’s most popular casinos and resorts. Every now and then, a new building pops up, yet they have to compete with already existing brands and not to mention, the overall size and an already established fan base.