5 casino companies that rake in more than $1B per year

Globally, the casino industry is currently worth over $227 billion U.S. dollars. With the rise of online gambling, some brick-and-mortar companies are expanding their reach to online sports betting and gaming apps. Most of the top casino companies are headquartered in the U.S., many of them in the world-famous gambling destination of Las Vegas. However, the special administrative region of Macau in southern China has recently been giving the Vegas Strip a run for its money, surpassing it in gross gambling revenue. One company, Las Vegas Sands, has sold its Las Vegas property to focus exclusively on the Asian market.

OLBG collected revenue data from Securities and Exchange Commission filings for the largest casino companies based in the U.S. to compile this list of casino companies that collected over $1 billion in annual revenues, from Boyd gaming, which raked in $3.76 billion, to Caesars Entertainment, which earned $9.68 billion.

The companies that included 2019 revenues in the SEC filings all saw dramatic decreases in revenues between 2019 and 2020. Penn National Gaming saw the largest year-over-year increase in revenues at 164% and even the smallest year-over-year increase (44% by Wynn Resorts) is impressive. This list contains a selection of the five companies with the highest revenues.

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