International edition
September 25, 2020

The ranking included both land-based and online operators

Las Vegas Sands is the largest listed gaming company

(US).- Las Vegas Sands’ market capitalization of us$ 25.5 billion pointed toward a “remarkable turnaround” for the company, said Warwick Bartlett of British-based Global Betting & Gaming Consultants.

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ccording to a ranking compiled by Global Betting & Gaming Consultants, Las Vegas Sands is the world’s largest listed company in the gaming industry,.

The company’s local subsidiary, Sands China got the third spot on the list (us$ 16.7 billion), after Getting Singapore (us$ 19.1 billion). There are two other local operators in the top-5: Wynn Macau (us$ 12.4 billion) got the fourth place, while SJM Holdings (us$ 9 billion) closed the top-5.

Still within the top-10, Wynn Resorts (us$ 5.2 billion) was ranked eight, while Australian Crown Limited (us$ 5 billion) was 10th. Crown Limited is one of the two major shareholders of local gaming concessionaire Melco Crown Entertainment. The growing significance of the Asian market is also shown by the fact that 15 Asia-based companies are now included in the top-50, up from 10 at the beginning of 2008.

“Five of the top-10 ranking spots are now taken by Asian companies, up from one in 2008. Their inclusion in the index is also aided by their increased visibility and more data available on their performance,” said Global Betting & Gaming Consultants.

The ranking was based on market capitalisation adjusted for the percentage of gambling revenues. It included both land-based and online operators.

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