The largest casino enterprise worldwide certainly demands attention. Valued at more than US$305 billion, it’s a robust industry that appeals to various age groups and demographics. It is estimated that there are more than 8,100 physical casinos worldwide, not to mention the ever-growing list of online casinos. The United States and Macau are some of the leading markets, but that’s not to say that other countries aren’t also seeing huge interest in these games.
Even with thousands of options to choose from, a handful stand out. The following are some of the largest casino enterprises in the world.
MGM Resorts International
Not just a big player in the casino industry, MGM Resorts is the leading casino company in the world in terms of revenue. It is the giant that all other casino enterprises measure themselves against. According to statistics, MGM Resorts recorded revenue of US$16.16 billion in 2023. The second-place casino company didn’t even come close, showing what a force MGM Resorts is to reckon with.
Headquartered in Las Vegas, Nevada, the heart of gambling in the United States, this is a massive company that has built a strong reputation worldwide. Not only does its hotel consistently rank high with guests, but its casino offerings are second to none.
The first MGM hotel property, called the MGM Grand Hotel, was built in 1966 in Las Vegas. From there, the company enjoyed a meteoric rise to fame and now offers properties worldwide.
Caesars Entertainment
The second largest casino enterprise worldwide may not be much of a surprise, as this one is another household name. Caesars Entertainment has carved out an important spot for itself in the gambling and gaming industry by providing players and guests with exceptional experiences. Revenue for 2023 for Caesars Entertainment (U.S.) was US$11.53 billion. That’s far below MGM Resorts, but still a massive amount of money.
Its most famous physical casino, Caesars Palace, is in Las Vegas. It is a spectacular property that includes a hotel, restaurants, a spa, nightlife, multiple pools, live shows and concerts, legendary shops, and a sprawling casino with all the in-demand games. However, the company also has hotels, casinos, nightclubs, and bars worldwide.
Flutter Entertainment PLC
It’s not just US-based companies that show up on the list of the top largest casino enterprises worldwide, and Flutter Entertainment PLC is a great example. Flutter is located in Dublin, Ireland and is an incredibly popular iGaming brand.
Brands under the Flutter umbrella include Sportsbet, FanDuel, Sisal, PokerStars, Betfair, Paddy Power, and many others. The company averaged a whopping 12.3 million monthly players in 2023 with brands that are available in almost all geographic regions.
SJM Holdings
SJM Holdings, based in Hong Kong, China, had revenue of US$2.77 billion in 2023, holding its own against some of these other enterprises. The company was founded by Stanley Ho in 1962, who made a name for himself as somewhat of a casino genius. This is one of the largest casino enterprises in Macau, and until 2002 it was the only licensed casino in the region.
SJM Holdings has several subsidiaries, including Grand Lisboa Hotel and SJM Resorts, S.A., both of which are also huge. Some of the company’s biggest casinos are the Casino Casa Real, Casino Grand Lisboa Palace, Casino Kam Pek Paradise, Casino Grandview, and Casino Emperor Palace. The company also owns several world-class hotels.
888casino
If you’ve ever gambled online, you know that online casinos can provide players with an engaging gaming experience that is second to none. You get all the same thrills and excitement as the physical casino without having to leave your house. These casinos have opened the door when it comes to accessibility, letting anyone play no matter their location or the time of day or night.
So where does 888casino come in? This enterprise was formerly known as Casino-on-Net, which launched in 1997. The casino has won all kinds of awards since, quickly becoming a player favourite. Its founders were brothers who had a dream of opening an online casino that was legal and available to all. Today, it is one of the oldest online casinos still operational and was acquired by William Hill International’s European business in 2021.
Besides offering a huge selection of online games and betting options, including slots, poker, live casino, and sportsbook, it has also sponsored all kinds of big events and teams.
Evolution
Evolution is a development studio in the casino industry that plays a huge role in the success of many online casino platforms. The company describes itself as a B2B solution provider for live casinos, slots, casino operators, and more. If a company is looking for cutting-edge software, top-tier services, and a way to create exceptional user experiences, Evolution is there to help.
The company was founded in 2006 and went on to earn industry awards, earn big contracts, partner with other huge brands, and make a massive name for itself in the industry.
Conclusion
Not only do casinos rank as some of the biggest businesses in the worldwide entertainment industry, but they continue to stay popular thanks to the fun and innovative experiences they offer. This list of some of the largest casino enterprises barely scratches the surface.
