In 2022, MGM Resorts was the top-ranking casino company in terms of revenue. It generated a total of 13.13 billion U.S. dollars in 2022, its closest competitor being Caesars Entertainment with a revenue of 10.82 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, and Malaysia. Las Vegas Sands, whose name lends itself to the contrary, has based over half of its casino properties in Asia, and in 2022, the Las Vegas Sands property with the highest revenue was Marina Bay Sands in Singapore by a significant margin. A major factor for these companies when deciding on where to base their casino locations are gambling laws and 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. The total revenue of Macao's casinos was over five billion U.S. dollars in gross revenue in 2022. To compare, revenue from gambling in Nevada amounted to roughly 14.84 billion U.S. dollars in the same year.
Leading selected casino companies worldwide in 2022, by revenue
(in billion U.S. dollars)
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Revenue in billion U.S. dollars
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* Figures for several companies shown were converted at these exchange rates:
Galaxy Entertainment Group and SJM Holdings:
1 HKD - 0.128 USD (31 December 2020)
Genting Malaysia:
1 RM - 0.227 (31 December 2020)
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Statista. (December 1, 2023). Leading selected casino companies worldwide in 2022, by revenue (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 02, 2024, from https://www.statista.com/statistics/257531/leading-casino-companies-worldwide-by-revenue/
Statista. "Leading selected casino companies worldwide in 2022, by revenue (in billion U.S. dollars)." Chart. December 1, 2023. Statista. Accessed July 02, 2024. https://www.statista.com/statistics/257531/leading-casino-companies-worldwide-by-revenue/
Statista. (2023). Leading selected casino companies worldwide in 2022, by revenue (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 02, 2024. https://www.statista.com/statistics/257531/leading-casino-companies-worldwide-by-revenue/
Statista. "Leading Selected Casino Companies Worldwide in 2022, by Revenue (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Dec 2023, https://www.statista.com/statistics/257531/leading-casino-companies-worldwide-by-revenue/
Statista, Leading selected casino companies worldwide in 2022, by revenue (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257531/leading-casino-companies-worldwide-by-revenue/ (last visited July 02, 2024)
Leading selected casino companies worldwide in 2022, by revenue (in billion U.S. dollars) [Graph], Statista, December 1, 2023. [Online]. Available: https://www.statista.com/statistics/257531/leading-casino-companies-worldwide-by-revenue/