7 Billionaires in the Casino Industry
The size of casinos is increasing, along with the number of slots and table games, spectacular entertainment, Michelin-rated restaurants, and five-star hotels.
Let’s figure out the worth of those who own and operate these casinos.
7. $1.3 billion – Lawrence Ho
Stanley Ho left behind a number of wealthy family members, including his son Lawrence, who manages the Melco International Group and was awarded Asia’s Best CEO. Melco has a number of casinos under its management, including City of Dreams Macau, City of Dreams Manila, and Studio City Macau.
6. $3.3 billion – Steve Wynn
Steve Wynn invests exclusively in casino Hotels. Wynn invested a minor amount of money in the Las Vegas Frontier Hotel and Casino in 1967. He acquired a controlling stake in the Golden Nugget four years later.
The Bellagio, the Mirage, and Wynn Las Vegas are just a few of the world’s most recognizable casinos that Wynn would build in the decades that followed.
5. $3.8 billion – Pansy Ho
Stanley Ho’s daughter Pansy is a titan in the gambling industry. In 2020, Stanley Ho passed away and left his family a $12 billion fortune; daughter Pansy received the most of the money and continues to own shares in six Macau casinos, including the MGM Macau.
4. 4.9 billion – Johann Graf
Johann Graf, a native of Vienna, started importing pinball machines. After that, he advanced to slot machines and petitioned the government to allow their lawful introduction into cafés.
Since that time, his companies Novomatic and Admiral have dominated the global market for gaming machines, including video poker, slots, video lottery, electronic table games, and multi-player games. In addition, he has purchased hotels, casinos, and internet betting companies.
3. $5.5 billion – Denise Coates
Denise Coates is an ambitious entrepreneur . In 2001, she established the Bet365 website for online betting. She took out a £15 million loan to start the company. The risk was profitable.
She is one of the richest women in the world thanks to Bet365, one of the biggest online sportsbooks in the world.
2. $14.8 billion – Lui Che-woo
Lui Che-woo, a Hong Kong entrepreneur, has amassed numerous fortunes in a variety of industries. His first million dollars came through real estate and construction.
He now owns six casinos in Macau and the publicly traded Galaxy Entertainment Group.
1. $35.8 billion – Adelson Miriam
When Sheldon Adelson, a giant in the casino industry, passed away in January 2021, his widow received a $30 billion fortune. The Las Vegas Sands Corporation was founded by Adelson, who also served as its chairman and CEO.
Adelson constructed a number of top-notch casinos and hotels during the following three decades, including the Marina Bay Sands in Singapore, five casinos in Macau, and The Venetian in both Las Vegas and Macau. The company was passed down to Miriam Adelson. She is now the richest person on our list as a result.
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Feb 2, 2023