Largest Gaming Companies in the USA
With more than 1000 land-based casinos, the USA is one of the biggest gambling markets worldwide. Each state has its own legislation pertaining to gambling and bookmaking. The kinds of gambling establishments also vary across the states and include:
- Commercial casinos
- Book making
- Card rooms
- Racing tracks
- Lotteries
- Bingo halls
- Tribal casinos
Even though countless online casinos have popped up over the last few decades, competing with eachother by enticing potential players with their mobile casino no deposit bonus, the land based option is still thriving. If however you have a penchant for online casinos, you can browse trough our USA no deposit bonus codes.
Powering the land-based gaming establishment in this country are numerous operators. On this page we take a look at 3 of the biggest and most well-known casino gaming companies and operators in the USA.
Penn National Gaming
Penn National Gaming Inc. is one of the old hands in the US casino and gaming industry. It was established on 16th December, 1982 and is based out of Wyomissing, Pennsylvania. The company’s market cap as of 29th August, 2019 was $2.13B.
Penn National is the second largest gaming company in the US by virtue of the number of properties it has. It currently has 42 facilities across 19 jurisdictions – one of them is in Ontario, Canada. Caesar’s Entertainment Corp with nearly 50 properties in the US is the one just ahead of it on the ladder. It is also considered the largest gaming operator in North America.
The jurisdictions that it operates out of include:
- Florida
- Illinois
- Indiana
- Kansas
- Maine
- Massachusetts
- Mississippi
- Missouri
- Nevada
- New Jersey
- New Mexico
- Ohio
- Pennsylvania
- Texas
- West Virginia
- California
- Ontario
Across all its properties, Penn National has over 51,000 gaming machines, 1300+ table games and more than 9000 hotel rooms. It has a massive customer base of 5 million-plus customers. Along with the traditional gaming route it has also tested the waters of social online gaming through Penn Interactive Ventures, which operates the desktop online casino and mobile casino app HollywoodCasino.com.
Unlike some of its competitors with a focused presence in Vegas, Penn National’s strategy was to establish a presence in markets that are not as saturated. That strategy is the reason behind its presence in the 19 jurisdictions spanning the following areas:
Northeast: The properties in the Northeast include:
- Ameristar East Chicago
- Greektown Casino-Hotel
- Hollywood Casino Bangor
- Hollywood Casino at Charles Town Races
- Hollywood Casino Columbus
- Hollywood Gaming Dayton Raceway
- Hollywood Casino Lawrenceburg
- Hollywood Gaming at Mahoning Valley
- Hollywood Casino at Penn National Race Course
- Hollywood Casino Toledo
- Plainridge Park Casino
- The Meadows Casino
- Penn National Gaming Corporate Headquarters
South: The properties in the South include:
- Margaritaville Resort Casino
- L’Auberge Lake Charles
- L’Auberge Baton Rouge
- Hollywood Casino Gulf Coast
- Hollywood Casino Tunica
- Ameristar Casino Vicksburg
- Boomtown Casino Biloxi
- Boomtown Casino Bossier City
- Boomtown Casino New Orleans
- 1st Jackpot Casino
West: The properties in the West include:
- Tropicana Las Vegas
- The M Resort
- Ameristar Black Hawk
- Cactus Petes
- Zia Park Casino
- Penn National Gaming Las Vegas Corporate Offices
Midwest: The properties in the Midwest include:
- Argosy Casino Riverside
- Argosy Casino Alton
- Ameristar Council Bluffs
- Hollywood Casino St. Louis
- Hollywood Casino at Kansas Speedway
- Hollywood Casino Aurora
- Hollywood Casino Joliet
- River City Casino and Hotel
- Prairie State Gaming
The following table encapsulates the operational and other details about Penn National Gaming:
Features | Penn National Gaming |
---|---|
Stock Exchange Registered on | The NASDAQ Stock Market LLC |
Stock Value | Common stock value of $0.01 per share |
Market Cap | $2.13B as of 29th August, 2019 |
Turnover | $3.58 billion for the year ended 31st December, 2018:
|
Net income | $93.9 million for the year ended 31st December, 2018 |
Turnover from gambling/casinos | (As of 31st December, 2018)
|
Total Facilities | 46 |
Resorts | 37 |
Hotels | 23 |
Total Hotel Rooms | 9000 as of June 25, 2019 |
Property with Maximum Rooms | Ameristar East Chicago with 1720 rooms |
Biggest property | Hollywood Casino at Penn National Racecourse, with 574 acres |
Total Gaming Square Footage | 4,446,986 square feet |
Largest Gaming Square Footage | 2,136,236 square feet at Greektown Casino-Hotel |
Total Gaming Machines | 51,100 as of June 25, 2019 |
Most Gaming Machines | 3,028 |
Total Tables | 1300 (excluding poker tables) |
Most Tables | 86 at Hollywood Casino Charles Town Races |
Food Outlets | 23 |
Largest Acquisition | Pinnacle Entertainment, acquired |
MGM Resorts International
MGM Resorts International is a well-known gambling and entertainment company out of the USA. It is a holding company that was incorporated on 29th January, 1966. Today it owns and operates an impressive chain of casino resorts. This S&P 500 company is headquartered in Las Vegas, Nevada and trades on the New York Stock Exchange. Its market cap as of 28th August, 2019 was $14.62B.
The company was founded by Kirk Kerkorian, an 8th grade dropout who is considered one of the biggest success stories in the US – he was at one time the owner of one of the most iconic Hollywood studios – Metro Goldwyn Mayer.
The two primary segments that it operates in are domestic resorts and MGM China. Some of the biggest casino names in Las Vegas are under the domestic operations segment of MGM Resorts International. The company has a controlling interest in MGM China, which owns MGM Grand Paradise, the owner and operator of MGM Macau Resort. There is also work afoot to develop an integrated casino, hotel and entertainment resort in the Cotai Strip of Macau.
MGM Resorts International’s subsidiary companies include:
- MGM Growth Properties
- Slots A Fun
- MGM Grand Hotel, LLC
- Circus Circus Casinos Inc
- Beau Rivage Resorts, Inc
- City Center LLC
- The Mirage Casino-Hotel
- Mirage Resorts, Incorporated
- New Castle Corp
- VidiAd
- MGM Mirage Hospitality, LLC
- MGM Mirage Retail
- MGM Grand Resorts LLC
- Destron, Inc
- MGM Grand Detroit, Inc
- Galleon, Inc
- Ramparts Tavern & Grill
- Signature Condominiums LLC
- MGM Grand Resorts Development
- Mandalay Place
- MGMM Insurance Company
- MGM Mirage Aviation Corp
- M.S.E. Investments Inc
- MGM Mirage Operations Inc
- City Center Hotel & Casino LLC
- MGM Mirage Development Inc
- MGM Mirage Advertising, Inc
- Diamond Gold Inc
- Jean Development West, LLC
- MGM Grand Atlantic City Inc
- Sydell Group
- MGM National Harbor, LLC
- MGM Yonkers, Inc.
- Mandalay Corp.
- MGM Resorts Retail
- MGM International, LLC
- MGM Hakkasan Hospitality
- Las Vegas Arena Management, LLC
- Mandalay Employment LLC
- MGM Lessee, LLC
- Vintage Land Holdings LLC
- MGM Resorts Satellite, LLC
- MGM Hospitality, LLC
- MGM Resorts Festival Grounds, LLC
- 350 Leasing Co II LLC
- IKM MGM, LLC
- MGM Home Entertainment (Deutschland) Gmbh
- MGM Resorts Sub 3, LLC
- MGM Mirage Aircraft Holdings, LLC
Some of the top casino brands in the country are part of the MGM empire including the Bellagio, MGM Grand Las Vegas (including The Signature), Mandalay Bay (including Delano and Four Seasons), The Mirage, Luxor, Excalibur, Monte Carlo and Circus Circus Casino Las Vegas. Other popular MGM casino resorts include MGM Grand Detroit in Detroit, Beau Rivage in Biloxi and Gold Strike Tunica in Tunica, Mississippi. Recent acquisitions include New York’s Empire City Casino and the Hard Rock Rocksino in Ohio, now rebranded to MGM Northfield Park.
MGM Resorts International has recently been working to make its presence felt in the sports betting arena, with the legalization of sports betting in the USA. Significant collaborations it has signed up for in recent times seem to authenticate this: its latest partnership is with Major League Baseball as its official gaming partner.
Other significant partnerships include associations with hockey and pro basketball. It has also struck a deal with Boyd Gaming, one of the largest sports book operators in Vegas, recently. The company has gone the high-tech way with the launch of PlayMGM, a mobile app that allows you to access sports betting through your smartphone or tablet.
The following table showcases the facts and features about MGM Resorts International:
Features | MGM Resorts International |
---|---|
Stock Exchange Registered on | New York Stock Exchange |
Stock Value | Common stock value of $0.01 per share |
Market Cap | $14.62B as of 28th August, 2019 |
Turnover | $3.223 billion for quarter ending June 30, 2019. For the 12 months ending June 30, 2019 it was $12.482 billion |
Net income | $43 million as of June 30, 2019 |
Turnover from gambling/casinos | $1.59 billion (for 3 months ending June 30, 2019) |
Total Facilities | 49 |
Resorts | 23 |
Hotels | 23 |
Total Hotel Rooms | 48,968 |
Property with Maximum Rooms | MGM Grand Las Vegas with 6131 rooms |
Biggest property | Mandalay Bay with 124 acres |
Total Gaming Square Footage | 2,541,000 square feet |
Largest Gaming Square Footage | 370,000 square feet at MGM Macau |
Total Gaming Machines | 31,587 |
Most Gaming Machines | 3,320 at MGM Grand Detroit in Detroit, Michigan |
Total Tables | 2,049 |
Most Tables | 291 at MGM Macau |
Food Outlets | 400+ |
Largest Acquisition | NA |
Wynn Resorts Limited
Wynn Resorts is a gaming company that develops high end casinos and gaming resorts in the USA. This public corporation is based in Paradise, Nevada and was founded in 2002 by Steve Wynn, the former Chairman and CEO of Mirage Resorts. The company currently has 5 properties and is in the process of constructing a sixth. It is listed on the S&P 500 Index and trades on the NASDAQ Global Select Market under the symbol WYNN.
The first Wynn property to launch was Wynn Las Vegas; it opened its doors to the public on 28th April, 2005. The first anniversary of the launch of Wynn Las Vegas was the day that Encore was launched. Currently Wynn Resorts has properties in the USA and China, specifically, Macau – 4 in the USA and 2 in Macau.
Its 4 properties in the USA include:
- Wynn Las Vegas
- Encore Las Vegas
- Wynn West
- Wynn Boston Harbor
The 2 Wynn properties in Macau are:
- Wynn Macau, which opened on 21st April, 2010
- Wynn Palace, which opened on 22nd August, 2016 in the Cotai Strip
Wynn Resorts has the reputation of being the only operator to not lay off its staff en masse during the recession that hit the USA around the time it was launched. Wynn Resorts market cap as of 29th August, 2019 was $11.33B.
The company has opted to go the online route as well and is collaborating with one of the big names in the online casino software provider domain – Scientific Games – to launch online sports betting and iGaming applications for online casino fans to use.
The legalization of sports betting in the US has also resulted in another strategic collaboration that it has signed: it has entered into a strategic partnership with BetBull Limited, an online sports betting operator based out of Europe.
The following table highlights some important facts and figures about this gaming operator:
Features | Wynn Resorts |
---|---|
Stock Exchange Registered on | NASDAQ Global Select Market |
Stock Value | Common stock value of $0.01 per share |
Market Cap | $11.33B as of 29th August, 2019 |
Turnover | $6.7 billion (as of December 31, 2018): • Macau: $5.05 billion • Las Vegas: $1.66 billion |
Net income | $572.4 million (as of December 31, 2018) |
Turnover from gambling/casinos | $4.78 billion (as of December 31, 2018) |
Total Facilities | 6 |
Resorts | 6 |
Hotels | 6 |
Total Hotel Rooms | 8600+ |
Property with Maximum Rooms | Wynn Las Vegas with 2716 rooms |
Biggest property | Wynn Las Vegas with 215 acres |
Total Gaming Square Footage | Approximately 800,000 square feet |
Largest Gaming Square Footage | 273,000 square feet at Wynn Las Vegas |
Total Gaming Machines | 3765 |
Most Gaming Machines | 1822 at Wynn Las Vegas |
Total Tables | 460+ |
Most Tables | 291 at Las Vegas Wynn |
Food Outlets | 67 |
Largest Acquisition | NA |