The gambling business in most countries around the world has never been better than it is today. Millions of new people have started gambling both offline and online, so it is no surprise that a lot of the big companies in this niche earn a lot of money.
On the topic of money, www.cyprus-property.com reveals that Marina Bay Sands is the leading gambling company in terms of brand value at $6.16B. Located in Singapore, this has to be among the most iconic places in the world, and for a good reason. “Everyone who has been to Singapore knows that Marina Bay Sands is one of the country’s icons. No wonder it attracts people from all over the world”, said Veselin from NB.
But what makes Marina Bay Sands so special, and which other gambling companies made it to the list? Well, it is time to learn more about everything.
Marina Bay Sands – $6.16B
There is no arguing this is one of Singapore’s crown jewels and among the most iconic places in Asia. Officially opened in 2010, Marina Bay Sands is a lot more than just a gambling company. This is a resort that attracts people from all over the world.
- An interesting fact is that Marina Bay Sands was the most expensive casino property in the world when it opened. According to the stats, its value was close to $6.8B.
- In addition to the casino, Marina Bay Sands also has a gigantic hotel with 2561 rooms.
- People can also access an enormous exhibition centre, a mall, one of the most popular restaurants in the world, a museum, and much more.
- In terms of the casino, Marina Bay Sands has over 500 different tables and more than 1600 slot machines.?
- Last but not least, we must mention the iconic infinity pool, which is over 150 meters long.
In terms of the resort’s owner, this honour goes to Las Vegas Sands. The latter is a company that is more than 35 years old and was behind a lot of other big casinos, such as The Palazzo and The Venetian. With that said, Las Vegas Sand sold both of them in 2022.
FanDuel – $5.64B
After Marina Bay Sands, the second place on the list for the leading gambling company in terms of brand value goes to FanDuel. The American brand is valued at close to $5.64B and is among the leading companies in the gambling sector.
- FanDuel’s headquarters is in New York, and the company started operating in 2009. Unlike other options, this one focuses on the online sector. Therefore, people who visit its website will find sports betting, online casino, horse racing, and even fantasy sports.
- Interestingly, FanDuel underwent big changes in 2018, one of the most important years for the US gambling market. The brand merged with Paddy Power Betfair and created the FanDuel Group.
- Today, FanDuel has over 1500 employees and continues to be one of the leading gambling companies in America.
Genting – $3.54B
This gambling company is very interesting and different from some of the others you will find on the list. Genting’s current value is estimated to be close to $3.54B, making it one of the largest in the world. Unlike many other companies based in the US, the Genting Group’s headquarters is in Malaysia.
- The Genting Group was founded in 1965 by Tan Sri Lim Goh Tong, one of Malaysia’s biggest entrepreneurs.
- Throughout the years, the company has had loads of different casinos and resorts worldwide. Most people will always associate it with Resorts World Genting, a place where visitors can find a casino, various concerts, retail shops, and much more.
- Unlike some other companies on this list, Genting Group expanded its business into different areas. Nowadays, it is present in areas like properties, e-commerce, IT, biotechnology, and many more.
Nowadays, Genting Group owns several resorts in different parts of the world. Besides those in Malaysia, you can find options in China, the Philippines, Singapore, the US, and the UK. Moreover, the company has working online casinos in the UK, Germany, Spain and Ireland.
DraftKings – $3.19B
DraftKings is another gigantic American corporation that is among the biggest names in the gambling business. Based in Boston, DraftKings’s brand value is $3.19B and is well-known around the world for having some of the most advanced online betting platforms.
- This company began its existence in 2012, but it was not until 2018 that it really exploded.
- Following the legislative changes in the US, DraftKings decided to expand its business and focus on retail and online sportsbooks.
- Like other big names here, DraftKings is a publicly traded company. This happened in 2020 when the brand merged with SBTech and entered into a deal with Diamond Eagle Acquisition Corp.
Nowadays, DraftKing has thousands of employees and is widely regarded as one of the most popular online sports betting platforms in the States.
Wynn Resorts – $2.99B
All gamblers know that Las Vegas is the go-to place for gambling and casinos. The city is home to loads of iconic casinos, one of which is The Wynn. Needless to say, the latter belongs to Wynn Resorts, Limited, a gambling company valued at close to $2.99B.
- This American gambling brand is based in Nevada and started in 2002 when it became a public company (thanks to Ronald Kramer’s help).
- Wynn Las Vegas started working in 2005, whereas Wynn Macau began operating one year after that.
- The last big addition to The Wynn Las Vegas is the Encore, which broke ground in 2006.
What’s interesting is that Wynn Resorts is currently bidding for a massive resort in New York City. The idea is to create a giant 80-story hotel that will also have a casino. If the company wins the bidding, it will build one of the most impressive hotels in NY.
Another big project for this company is the Wynn Al Marjan Island in the UAE. If everything goes according to plan. This will be the first casino in the country.
Bet365* – $2.85B
The next company among the big players is bet365. With a brand value of $2.85B, it’s safe to say this is one of the world’s largest online gambling operators.
- The British gambling company started operating in the year 2000, and it is a household name in almost all gambling jurisdictions. Today, the website offers sports betting, poker, bingo and various casino games.
- Although the brand’s main office is in the UK, it also has offices in Armenia, Australia, Malta, Gibraltar, and Bulgaria.
- Denise Coates is the founder and among the most important people when it comes down to bet365. She decided to invest in her business and borrowed close to 15M GBP from a bank in Scotland. She got the loan because of her betting shops, which bet365 eventually sold to Coral for 40M GBP.
Among the reasons for bet365’s immense growth in the last couple of years is the US and Canadian markets. The company decided to start operating there and quickly became one of the leading iGaming websites in these regions.
*bet365 Information Source: Wikipedia
Penn Entertainment – $2.55B
Penn Entertainment is another giant in the gambling industry because its brand is valued at $2.55B. With more than 42 years of experience, this public company has more than 20,000 employees and many fans.
- Nowadays, Penn Entertainment has 43 different properties across 20 states.
- Many people do not know, but this is also the brand behind Score Media and Gaming.
- Following the complete acquisition of Barstool Sports in 2023, Penn Entertainment signed a special deal with ESPN worth $2B.
Harrah’s – $2.27B
Founded in Nevada, Harrah’s Entertainment has more than 50 properties under its belt, as well as several golf courses. As of 2024, the brand’s value is close to $2.27B, making it one of the biggest in the world.
- This gambling corporation is more than 34 years old, so it’s no surprise it changed its owners several times.
- There have been many changes over the years, but one of the most important ones was in 2005 when Harrah’s purchased Ceasers Entertainment Inc. This deal was worth $10.4B and was incredibly important for the brand because it allowed it to increase its presence in Las Vegas.
Caesars – $2.25B
Caesars Entertainment is one of America’s largest gambling companies, with more than 50 properties around the country.?With more than 28 years of experience, it’s no surprise that the brand’s current value is close to $2.25B.
- Many old-school gamblers know that Ceaser’s history dates back to the Eldorado Hotel, which first opened its doors in 1973.
- Nowadays, this brand focuses heavily on the online gambling market.
- Today, Caesars has many different properties in Indiana, Mississippi, Nevada, Arizona, and other places.
Conclusion
There are hundreds of different gambling brands out there, but those mentioned here are on another level. Considering the USA has among the largest gambling markets in the world, it’s no surprise that almost all of them operate there.
Online gambling will continue to become even more popular, so the list here may change in the next few years. As more and more international brands enter the US market, many of them will become even more profitable.
