Biggest Casino Stocks

This list of the ten largest casino companies in the world is ranked by their revenue, but many of these companies are not exclusively casino and gambling companies, some of them invest in other things and are always trying to innovate and predict the future of gambling. That is why this list will often change year on year. This list is proudly brought to you by Roulette77 simulator which is the perfect start for anyone looking to enjoy a quick game of Roulette. Much like these ten companies on this list…

1. Biggest Casino Stocks Today
2. What Is The Best Casino Stock
3. Biggest Casino In Washington State
4. Biggest Online Casino Stocks

10 – Paddy Power (Ireland) – $3.78 Billion

Top Casino Stock #1: Las Vegas Sands (LVS) Las Vegas Sands is a leading developer and operator of integrated resorts in the U.S. Due to the outbreak of coronavirus, Las Vegas Sands is facing strong headwinds in Macau and in the U.S. As mentioned above, gaming activity has collapsed in Macau. Las Vegas Sands Corporation. At the top of the list is a company that has been in existence for the.

These days Paddy Power and Betfair are the same things, the two formed in 2016 and have gone on to be Ireland’s biggest gambling powerhouse.

9 – Melco Crown Entertainment (China) – $3.97 Billion

They have been pretty much in charge of the gambling scene in Macau since 2003 and have gone on to become a global success in pretty much all they do.

8 – Wynn Resorts (USA) – $4.1 Billion

Wynn Resorts make paradise locations and if there just so happens to be a nice gambling location near there, then it is probably theirs.

7 – Genting (Malaysia) – $4.6 Billion

This super powerful Malaysian conglomerate has over 41 years of experience in the casino industry and when they back a winning location, it pretty much always wins.

6 – Caesars Entertainment (USA) – $4.7 Billion

Many people (including myself) would have predicted this to be number one. After all, they own and operates over 50 casinos and hotels, but barely make a scratch in this list.

5 – William Hill (UK) – $5.17 Billion

Biggest Casino Stocks Today

What Is The Best Casino Stock

William Hill was gambling way back in 1934 when it was illegal to gamble! Yes, this was once a criminal mastermind company, now of course gone legit.

4 – SJM Holdings (China) – $6.34 Billion

Once upon a time SJM Holdings held the monopoly on Macau’s gambling industry and was said to have owned 95% of all the casinos!

3 – Galaxy Entertainment Group (China) – $6.6 Billion

Galaxy Entertainment Group is another group that own and run a lot of casinos in Macau, but they also own many other things all over the world.

Biggest Casino In Washington State

2 – MGM Resorts (USA) – $9.2 Billion

A company that makes gambling a vacation choice rather than a lifestyle one. Sure they have a lot of casinos on their books, but also a lot of hotels and resorts. (plus quite a few golf courses.)

1 – Las Vegas Sands (USA) – $11.69 Billion

Biggest Online Casino Stocks

The home of gambling, so, of course, they are the biggest company. But with more and more people turning to online gambling, this is a company that will only get smaller and smaller unless they invest heavily in online gambling. Which of course, they do anyway. But for how much longer can they hold this number one spot? Only time will tell.

As a rare Saturday post, here is a reference list of 77 of the largest listed casino, gambling, and gaming stocks on major exchanges as of January 2017.

Gambling and casinos are a classic “sin sector” of “vice stocks”, where “vice investing” is considered the opposite of “ethical investing”. In an earlier post on my personal blog, I compare the performance of ethical vs vice stocks. I also had posts comparing the number of visitors to Macau to those visiting China or India, and how Macau once generated four times the revenue of Las Vegas with half the number of visitors.

In summary, this is not surprisingly an incredibly profitable sector that does not necessarily need economies of scale, but certainly depends on volume for high absolute profits. Return on assets for the sector are just over 10% with debt/equity ratios averaging over 1.0x, so not surprising to expect 10-20% returns from this sector if purchased at reasonable prices. Of course, the 33 largest casinos with market caps over $1 billion are probably less volatile than the 44 smaller ones, but this was one sector where the western superstitious number 77 had to be used because I just didn’t have 88 listed casino stocks in my database: