Top selected casino companies worldwide in 2023, by revenue

In 2023, MGM Resorts was the top-ranking casino company in terms of revenue among selected leading enterprises. It generated a total of 16.16 billion U.S. dollars in 2023, its closest competitor was Caesars Entertainment, with a revenue of 11.53 billion U.S. dollars in the same year. 

What happens in Vegas…

… does not always stay in Vegas – while almost half of the leading 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. In fact, in 2023, 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 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 20 billion U.S. dollars in 2023. In comparison, revenue from gambling in Nevada amounted to roughly 15.5 billion U.S. dollars in the same year.