rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Betting big: 10 casino companies set to roll in cash

Betting big: 10 casino companies set to roll in cash

December 06, 2013 13:12 IST

Betting big: 10 casino companies set to roll in cash

     Next

Next

Gambling, which is already a multi-billion dollar industry, is set to see a big increase in business with many countries planning to greenlight casino operations and Internet betting.

Let's take a look at some casino companies that are projected to witness huge growth.

Source: Bloomberg Visual Data

Click NEXT to read more...


Image: Gamblers play the roulette wheel.
Photographs: Jean Philippe Arles/Reuters

     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

Las Vegas Sands

Founded: 1988

Headquarters: Paradise, Nevada, United States

Revenue in 2012: $11.10 billion

Employees: 46,000

Estimated sales growth: 23.64 per cent

Estimated net income growth: 39.46 per cent

Estimated growth in earnings per share: 39.67 per cent

Overall rank in projected growth: 1

Las Vegas Sands, which runs several casinos and resorts around the world, is a Fortune 500 company.

Click NEXT to read more...


Image: A student practices at a mock casino run by the Macao Polytechnic Institute in Macau.
Photographs: Bobby Yip/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

Melco Crown Entertainment

Founded: 2004

Headquarters: Hong Kong

Revenue in 2012: $4.10 billion

Employees: 11,769

Estimated sales growth: 21.60 per cent

Estimated net income growth: 50.67 per cent

Estimated growth in earnings per share: 58.68 per cent

Overall rank in projected growth: 2

Melco Crown Entertainment, which runs several casinos and resorts in Hong Kong, Macau and the Philippines, is one of the 100 oldest companies in Hong Kong.

Click NEXT to read more...


Image: Attendants working for US slot machine maker Bally Technologies learn a poker game before introducing it to visitors at Gaming Expo Asia in Macau.
Photographs: Bobby Yip/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

Boyd Gaming

Founded: 1988

Headquarters: Paradise, Nevada, United States

Revenue in 2012: $2.50 billion

Employees: 25,247

Estimated sales growth: 17.08 per cent

Estimated net income growth: Minus 16.03 per cent

Estimated growth in earnings per share: 12.86 per cent

Overall rank in projected growth: 3

Boyd Gaming, which runs several casinos and hotels in the United States, continues to be run by founder Sam Boyd's family.

Click NEXT to read more...


Image: People walk past an entrance to a casino in Macau.
Photographs: Bobby Yip/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

Galaxy Entertainment Group

Founded: 2002

Headquarters: Hong Kong

Revenue in 2012: $56.70 billion

Employees: 15,000

Estimated sales growth: 13.14 per cent

Estimated net income growth: 32.92 per cent

Estimated growth in earnings per share: 33.03 per cent

Overall rank in projected growth: 4

Galaxy Entertainment Group, which runs several casinos and hotels in Macau, is a major player in the construction industry.

Click NEXT to read more...


Image: Guests mingle during a preview party at the grand opening of MGM Mirage's $8.5 billion CityCenter project centerpiece, Aria Resort & Casino, in Las Vegas, Nevada.
Photographs: David Becker/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

SJM Holdings

Founded: 2006

Headquarters: Hong Kong

Revenue in 2012: $10.31 billion

Total employees: 21,000

Estimated sales growth: 8.81 per cent

Estimated net income growth: 11.08 per cent

Estimated growth in earnings per share: 10.70 per cent

Overall rank in projected growth: 5

SJM Holdings, which runs 14 out of 30 casinos in Macau, is the largest company in terms of gaming revenue and number of casinos in that country.

Click NEXT to read more...


Image: Employees ready the bar at the Union Restaurant and Lounge inside the Aria hotel-casino in Las Vegas, Nevada.
Photographs: Las Vegas Sun/Steve Marcus/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

Wynn Resorts

Founded: 2002

Headquarters: Paradise, Nevada, United States

Revenue in 2012: $5.20 billion

Employees: 16,000

Estimated sales growth: 6.27 per cent

Estimated net income growth: 28.85 per cent

Estimated growth in earnings per share: 28.99 per cent

Overall rank in projected growth: 6

Wynn Resorts, which runs several high end hotels and casinos in the United States and Macau, is a major player in the casino industry.

Click NEXT to read more...


Image: Visitors walk in the casino at the Venetian in Macau.
Photographs: Paul Yeung/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

MGM Resorts International

Founded: 1986

Headquarters: Paradise, Nevada, United States

Revenue in 2012: $9.20 billion

Employees: 50,050

Estimated sales growth: 6.16 per cent

Estimated net income growth: N/A per cent

Estimated growth in earnings per share: N/A per cent

Overall rank in projected growth: 7

MGM Resorts International, which is one of the biggest gaming companies in the world, has operations all around the world.

Click NEXT to read more...


Image: Test chips with security measures by Gaming Partners International, a provider of casino currency and equipment, are displayed on a gaming table during the Global Gaming Expo Asia in Macau.
Photographs: Bobby Yip/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

Genting Group

Founded: 1965

Headquarters: Kuala Lumpur, Malaysia

Revenue in 2012: N/A

Employees: 60,000

Estimated sales growth: 3.04 per cent

Estimated net income growth: 19.85 per cent

Estimated growth in earnings per share: 14.92 per cent

Overall rank in projected growth: 8

Genting Group, which has been called one of the best run companies in Asia, is engaged in several areas apart from casinos.

Click NEXT to read more...


Image: Foreigners play on a baccarat table during the opening of Solaire Casino-Resort in Pasay city, Metro Manila, the Philippines.
Photographs: Cheryl Ravelo/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     Next
Prev

Next

Caesars Entertainment Corporation

Founded: 1937

Headquarters: Paradise, Nevada, United States

Revenue in 2012: $8.6 billion

Employees: 68,000

Estimated sales growth: 0.70 per cent

Estimated net income growth: Minus 41.54 per cent

Estimated growth in earnings per share: Minus 68.33 per cent

Overall rank in projected growth: 9

Caesars Entertainment Corporation, which runs more than 50 casinos and hotels, is one of the biggest gaming companies in the world.

Click NEXT to read more...


Image: A croupier sits in front of a gaming table at Global Gaming Expo Asia in Macau.
Photographs: Bobby Yip/Reuters

Prev     Next

Betting big: 10 casino companies set to roll in cash

Prev     More
Prev

More

Penn National Gaming

Founded: 1972

Headquarters: Wyomissing, Pennsylvania, United States

Revenue in 2012: $8.6 billion

Employees: 20,003

Estimated sales growth: 0.35 per cent

Estimated net income growth: Minus 52.91 per cent

Estimated growth in earnings per share: Minus 39.85 per cent

Overall rank in projected growth: 10

Penn National Gaming, which runs 26 gaming facilities in 18 states in the US and a casino in Canada, is a major gaming company.


Image: People walk near the entrance to the Wynn Encore casino and hotel in Macau.
Photographs: Tyrone Siu/Reuters

Prev     More