Largest casino companies - additional information
The biggest casino company in terms of revenue worldwide in 2015 was Las Vegas Sands with revenues of 11.69 billion U.S. dollars. Over half of the largest 12 casino companies were based in the United States, including MGM Resorts and Caesar’s Entertainment. A further three were based in Hong Kong, China. In 2014, the global casino gaming revenue was expected to reach approximately 171 billion U.S. dollars, exceeding 180 billion in 2015. In the U.S., casino gaming was forecasted to generate more than 71.1 billion U.S. dollars in 2016.
In the United States, Las Vegas is the largest casino market. The city is the first home of Las Vegas Sands, a group of high-end resorts offering gaming and entertainment, restaurants owned by celebrity chefs, nightclubs and conventions facilities, as well as accommodation. By far the largest share, or 9 billion U.S. dollars, of the company’s revenue came from its casinos in 2015. The second largest share was generated by its accommodation rooms. The average daily rate of Las Vegas Sands properties based in Las Vegas was 233 U.S. dollars in 2015. At Marina Bay Sands, its property in Singapore, rates reached 404 U.S. dollars that year.
Another top player in the global casino market is the Asia-Pacific region, particularly Macau in China. Casino gaming revenue in Macau was forecasted to exceed 62 billion U.S. dollars in 2015. The industry contributes around half of Macau’s economy every year.