Top 5 Casino Gaming Companies
- Top 5 Casino Gaming Companies List
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The newer players – mostly companies outside the US – are players in the mobile gaming divisions. The entire industry made over $40 billion in revenue in 2018 according to Forbes Online. The top five game companies made most of that profit. The smaller companies struggle, and even some top publishers are laying off employees. MGM holds a market grab of $13.5 billion. It is utilizing its monetary strength to turn around the sports world when it comes to betting. The casino major has introduced betting in sports in two casinos in the Mississippi and has finally emerged as the “authorized gaming counterpart” of the NBA.
Top 5 Casino Gaming Companies List
The global casino industry generates billions of dollars every year and continues to grow steadily as old markets keep growing, new markets keep opening and casino companies compete fiercely for market share and to be the best in the business.
If you are looking for Online Casino Companies then please have a look from here.
The biggest casino companies in the world have been forced to change their gaming and marketing strategy during the last 5 years as millennials have shown that they are tired of the traditional casino gaming offering and would only be loyal patrons if the casino could capture their attention by giving them an experience that caused them to come back for more.
Casino establishments who were quick to change and implement the changes and demands of the millennials across their casino properties did well, while casino companies who failed to adjust suffered as profits declined and some of their properties have had to shutdown.
Seven of The Best Casinos Companies Around ( Offline, landbased)
We take a look at seven of the most influential casino companies in the world today.
1. Las Vegas Sands Corp
The Las Vegas Sands Corp is the highest grossing casino establishment in the world and has some of the most popular casinos in Las Vegas, Nevada and Macau, China.
Some of casinos owned by the Sands Corp include the Palazzo Las Vegas, Venetian Casino Resort Macau, Marina Bay Sands Singapore and the Sands Casino Resort Bethlehem – which is the biggest casino resort in the world.
The company recently opened its $3 billion casino resort ‘Parisian Macau’ in September 2016. The 83 year old billionaire Sheldon Adelson is the chairman of the Las Vegas Sands Corp. The company made $14.5 billion in revenue during 2014.
2. MGM Resorts International
MGM Resorts International owns a number of iconic casino resorts all over the world including the biggest casino resort and hotel in the United States – the MGM Grand Casino Las Vegas. At one point of time, the late billionaire Kirk Kerkorian along with his Tracinda Corporation was the biggest shareholder in MGM Resorts.
Some of the flagship properties under the MGM Brand include the Bellagio Las Vegas, Mirage Las Vegas, Borgata Hotel Casino & Spa, MGM National Harbor, MGM Macau and the newly open and MGM Cotai.. The company is also in the process of developing a new casino – MGM Springfield
3. Caesars Entertainment
The company is one of the oldest casino companies in the world and has been around for more than seven decades. Caesars operates a number of well known casino brands such as Harrah’s and the Horseshoe casinos.
Some of its popular casinos include Ballys Atlantic City, Caesars Atlantic City Hotel & Casino, Horseshoe Casino Hammond, Harrah’s New Orleans Casino & Hotel. Caesars also operates casinos in Egypt and Vietnam.
The company brought in revenues of $8.5 billion during 2014 but is currently facing financial challenges.
4. Crown Resorts
Crown Resorts is the biggest casino brand in Australia operating a number of flagship properties down under. During recent years, the Australian billionaire James Packer who was the majority share holder in the company wanted to launch in new markets.
Crown teamed up with Melco International to open the ‘City of Dreams’ casino in Macau. Packer also tried to launch in Sri Lanka but had to abandon the plan after the ruling government cancelled the license. Crown is now looking to develop its first casino in the United States which is the Alon Las Vegas. The company made around A$4.7 million in 2014.
5. SJM Holdings
SJM Holdings is a Hong Kong based company that acts as the holding company for Sociedade de Jogos de Macau S.A.
It is owned by Hong Kong billionaire Stanley Ho and its presence is largest in the Asian continent, especially in Macau.
Some of the top casino properties belonging to SJM include the Grand Lisboa Casino & Hotel, Lisboa Casino Hotel, Grand Lisboa Palace, Ponte 16 Resort Macau and the Casa Real Casino.
6. Wynn Resorts
Wynn Resorts is led by chairman and billionaire Steve Wynn who believes in developing some of the most luxurious and world class casinos in the world.
Wynn Resorts has some of the top casino resorts in Las Vegas and Macau which include the Wynn Las Vegas, Wynn Encore Las Vegas, Wynn Macau and the recently opened $4 billion Wynn Palace in Macau.
Wynn Resorts is also in the process of developing a new casino called the Wynn Boston Harbor Resort after a long legal battle. The company made $5.4 billion in revenue during 2014.
Galaxy Entertainment
This is another Hong Kong based casino company that has concentrated on the Macau market.
It operates a number of casinos such as the Galaxy Macau Casino, StarWorld Casino & Hotel, Waldo Casino Hotel, President Casino & Hotel, Rio Casino & Hotel Macau and Broadway Macau. They are also planning to start construction on a new casino in Boracay, Philippines in 2019.
The Lui Family of Hong Kong are the majority shareholders in the company with a 50.3 percent stake.
The video gaming industry is one of the most competitive businesses in the world. Heavy-hitters like Sony and Microsoft are backed by decades of profit making in other electronics and computers. Other companies are on the list on the strength of strong sales for historically popular games. The newer players – mostly companies outside the US – are players in the mobile gaming divisions.
The entire industry made over $40 billion in revenue in 2018 according to Forbes Online. The top five game companies made most of that profit. The smaller companies struggle, and even some top publishers are laying off employees. There may be some changes in the bottom five on this list year to year, but the top five are probably there to stay.
Gung Ho Online
2018 Revenue: $1.6 billion
Best-selling game: Puzzles and Dragons
Founded: 1998
Source: Gung Ho Entertainment
This company has built its fortune in the online gaming market. It started business as a developer of an online auction site as a subsidiary of Japanese cell phone company Softbank. In 2000, the company switched to online gaming services, hosting servers in Japan for a MMOG. In 2013, it released an in-house developed mobile game, Puzzles & Dragons, which accounts for the majority of its revenue. It has also acquired other game publishers since it purchased back shares from Softbank.
Did You Know?
Puzzles & Dragons is the second-highest earning mobile game ever.
Ubisoft
2018 Revenue: $1.9 billion USD
Best-selling game: Assassins’ Creed
Founded: 1986
Source: Gage Skidmore [CC BY SA 2.0] via Flickr
Ubi Soft was originally a family-owned, mail order hardware and software business run from the suburbs of Paris. It was a family business whose members soon recognized the growing interest in PC games. Ubi Soft developed some titles in-house that were successful in Europe but did not translate well overseas. Eventually, the company purchased rights to distribute other titles, which enabled them to buy Red Storm Games, the maker of a popular game based on the Tom Clancy novels.
Aside from the Assassin’s Creed series, Ubisoft is known for the Far Cry series and Just Dance.
Did You Know?
Electronic Arts bought, and later sold, shares in Ubisoft.
King
2018 Revenue: $1.9 billion
Best-selling game: Candy Crush saga
Founded: 2003
Source: Iswjy1mcb [CC By SA 4.0] via Wikimedia Commons
King initially developed games that users could play within their web browser, eliminating the need to download and/or install software. That model didn’t prove successful initially. However, the company found success producing games for use on social media platforms like Facebook.
Within social media gaming, King would make money via so-called “micro-transactions” and through in-game advertising. This caused revenue growth of over $1 billion within two years.
Did You Know?
One of the co-founders of King sold his ownership stake years before the company became one of the top earners.
Namco Bandai
2018 Revenue: $2.20 billion
Best-selling game: Tekken series
Founded: 2005
Source: Bandai Namco [Public Domain] via Wikimedia Commons
Namco was already a well-known arcade game company. Bandai, a toy maker and TV show producer, has some of the world’s best-known brands, like Power Rangers. In 2005, the gaming divisions of the two companies merged.
The merged Namco Bandai Studios has some of the longest running and most popular console fighting games, such as Tekken and Soul Caliber. It also has released a number of games based on Bandai-owned IP like Dragonball and Gundam.
Did You Know?
The Bandai Namco manufacturing division is the largest toy company in the world based on revenue.
Electronic Arts
2018 Revenue: $3.49 billion
Best-selling game: FIFA 18
Founded: 1982
Source: King of Hearts [CC BY SA 3.0] via Wikipedia
Electronic Arts may be one of the most widely recognized brands in gaming culture. Former Apple employee Trip Hawkins started the company with financing and began producing a variety of games for the growing home computer market. It was a few years after the company began that EA began working on a pro football simulator that would spawn one of its more popular games, Madden NFL.
EA’s sports games are what made the company a success. However, EA acquired a number of studios over time, producing or co-producing popular games from other subgenres.
Did You Know?
Former UCLA basketball star Ed O’Bannon sued EA for using his likeness without permission. EA settled with O’Bannon, but stopped making college sports games because of the suit.
Activision Blizzard
2018 Revenue: $3.5 billion
Best-selling game: Overwatch, WoW
Founded: 2008
Source: Activision Blizzard [Public Domain] via Wikimedia Commons
Activision and Blizzard were separately to of the most successful game publishers and developers of the 1990s, with Activision being one of the oldest companies in the business. During a downturn in the home gaming industry, Activision was purchased by a tech CEO and regained market share.
Blizzard was a pioneer in the online, multiplayer strategy games like Warcraft. The French company Vivendi purchased Blizzard, and Activision later acquired Vivendi’s gaming division, which included Blizzard.
Did You Know?
Activision was responsible for many of the earliest popular console games, including Pitfall first sold for the Atari 2600 in 1982.
Nintendo Company
2018 Revenue: $4.2 billion
Best-selling game: the Mario series
Founded: 1886
Source: Evan-Amos [Public Domain] via Wikimedia Commons
Nintendo was in the gaming business long before computers were invented, making playing cards, and later on, toys and arcade games. It entered the console game industry in the 1970s when it distributed the Odyssey console in Japan. In 1981, it developed and released Donkey Kong, the game that spawned the signature character Mario.
Nintendo is perhaps better known for the consoles and gaming devices it has created rather than its games. The company produced a console in 1977 before launching the Famicom, NES and Game Boy systems later.
Did You Know?
The French Culture Minister knighted Shigeru Miyamoto, the creator of Donkey Kong, in 2006.
Microsoft (Xbox Games)
2018 Revenue: $7.79 billion
Best-selling game: Halo, Minecraft
Founded: 2002
Source: Pexels [CC0]
Bill Gates’ company had always had an in-house game division that produced and published games with the MS-DOS operating system and for Windows. The company created a separate division for games in 2000 when it entered the console gaming arena and announced the Xbox.
Xbox Games develops and publishes games for the PC and for the console as well as publishing mobile and web browser games. It has also acquired Mojang, the developer and publisher of Minecraft.
Did You Know?
The Microsoft game Minesweeper has been included with every version of Windows (in some form) since 1992.
Tencent Games
2018 Revenue: $8.3 billion
Best-selling game: Arena of Valor
Founded: 2003
Source: Public Domain
Tencent Games is a division of Tencent Holdings, a Chinese holding company with a variety of business interests, including online gaming. From the beginning, the gaming company focused on online and social media gaming to meet the interests of the growing Chinese mobile communications market. Its parent company has invested in a variety of game publishers and hosts.
Today the company continues to focus on online and mobile gaming and has its own streaming platform. It’s the largest valued game company.
Did You Know?
Top 5 Casino Gaming Companies 2019
Tencent’s purchase of 40% of the company that makes Fortnite may make the company the largest in the world by revenue soon.
Top 5 Casino Gaming Companies In New Jersey
Sony Computer Entertainment (SCE)
2018 Revenue: $10.5 billion
Best-selling game: The Last of US, Gran Turismo
Founded: 2003
Source: Solomon 203 [CC BY SA 4.0] via Wikimedia Commons
A division of electronics and entertainment conglomerate Sony, SCE began in 1993 when Sony announced the production of the Playstation game console. Since then, SCE has become the largest video game company in the world based on annual revenue.
Top 5 Casino Gaming Companies Nyc
SCE oversees the production of the hardware and peripherals for Playstation games. It is also the parent company of Sony Interactive Entertainment Worldwide (SIE), the company that oversees the production of Sony games. Many of the studios under SIE were acquired by takeover.
Top 5 Casino Gaming Companies List
Did You Know?
Sony’s revenue comes from its hardware, as it only placed two games (Marvel’s Spider Man and God of War) in the top ten list in 2018.