Gambling has been popular since at least 3000 BC, and over the years, it has developed across the world and in many different forms. Sports betting, poker, roulette, events betting, fantasy sports, live dealer, table games, card games, eSports- the list goes on and on. With the growth of the sector, came many large gambling companies going public on the world’s various stock exchanges. This gave gambling fans and other investors the opportunity to invest in them and potentially profit from their success.
This is particularly the case with land-based casinos, where their management companies often own luxury resorts and high-end restaurants in the world’s gambling capitals such as Las Vegas and Atlantic City. Some of them also have online brands as well, and some online gambling brands are also on various stock exchanges, such as Flutter and DraftKings. But while some like to get involved in the stock market, others like to dabble in online gambling with some of the top sites around. In this recent post, you can see a list of sites offering casino bonuses, including incentives, free spins, and deposit matches from all the top names. If you don’t want to invest in casino companies on the stock market, you can just play at some of the big names of the online gambling world instead.
MGM Resorts International
Founded in 1986, MGM Resorts International is one of the most prominent players on the casino scene. Listed on the New York Stock Exchange and a component of the S&P 500 index, it operates a portfolio of high-end resorts in New Jersey, Mississippi, Detroit, Massachusetts, and Las Vegas, amongst others. As well as glamorous casinos, the company also offers hotels, resorts, and other forms of entertainment and has a revenue of around $13 billion annually.
Employing almost 75,000 people, the company split into two in 2015: a real estate management company and one focusing on operations. In Las Vegas, the company owns The Mirage, Bellagio, The Cosmopolitan of Las Vegas, Aria Resort and Casino, Park MGM, MGM Grand Las Vegas, Luxor, Excalibur, and Mandalay Bay, amongst many others. Overseas, MGM has a handful of destinations in China, including some in Hangzhou, Chengdu, and Shanghai.
Source: Pexels
Caesars Entertainment
Caesars Entertainment has been another well-known casino company in the business since 1996. Founded in Nevada, it brings in more than $3.5 billion annually and employs some 54,000 people. Popular brands under its umbrella include Caesars, William Hill, Tropicana, Harrah’s, Horseshoe, and Eldorado. The company operated at many sites throughout the US, including those on lease or management agreement, and owned and operated outright.
These include The Cromwell, Flamingo Las Vegas, Planet Hollywood Las Vegas, Isle Casino Hotel, Caesars Palace, all the Harrah’s brands, and Tropicana Laughlin. Caesars Entertainment is on Nasdaq listed as CZR and is also a component of the S&P 500.
Wynn Resorts
While Wynn Resorts might not be as well known in terms of the brand as Caesars and MGM, it is still a key player in the land-based casino sector. With a revenue of $6.6 billion annually, it employed over 30,000 people and was founded in 2022. The company has branches in Macau, China, Las Vegas, and Massachusetts in the US. It operates brands such as Wynn and Encore across all locations.
It also previously owned Mirage before selling up to MGM in 2000. In terms of the stock market, it is listed on Nasdaq and, like its peers, is in the S&P 500.
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