Top selected casino companies worldwide in 2020, by revenue
The extremely successful MGM Resorts was the top-ranking casino company in terms of revenue. It generated a total of 5.16 billion U.S. dollars in 2020, its closest competitor being Caesars Entertainment with a revenue of 4.46 billion U.S. dollars in the same year.
What happens in Vegas…
… does not always stay in Vegas – while almost half of the largest selected casino companies globally were headquartered in Las Vegas, the remaining companies were based in Pennsylvania (U.S.), Hong Kong, Australia and Malaysia, respectively. Las Vegas Sands, whose name lends itself to the contrary, has based over half of its casino properties in Asia (specifically Macao and Singapore). Often the choice of casino locations is to do with more relaxed gambling laws and lower tax rates.
Is Macao the new Las Vegas?
Macao has become an increasingly popular casino location in recent years and, for this reason, is also known as the “Las Vegas of Asia”. Along with Hong Kong, it is one of two Special Administrative Regions in China, both allowing the legalization of gambling. Macao's casinos generated almost 7.6 billion U.S. dollars in gross revenue in 2020. To compare, gambling in Nevada accounted for a revenue of around 7.87 billion U.S. dollars in 20208.
What happens in Vegas…
… does not always stay in Vegas – while almost half of the largest selected casino companies globally were headquartered in Las Vegas, the remaining companies were based in Pennsylvania (U.S.), Hong Kong, Australia and Malaysia, respectively. Las Vegas Sands, whose name lends itself to the contrary, has based over half of its casino properties in Asia (specifically Macao and Singapore). Often the choice of casino locations is to do with more relaxed gambling laws and lower tax rates.
Is Macao the new Las Vegas?
Macao has become an increasingly popular casino location in recent years and, for this reason, is also known as the “Las Vegas of Asia”. Along with Hong Kong, it is one of two Special Administrative Regions in China, both allowing the legalization of gambling. Macao's casinos generated almost 7.6 billion U.S. dollars in gross revenue in 2020. To compare, gambling in Nevada accounted for a revenue of around 7.87 billion U.S. dollars in 20208.
