The 10 Richest Gaming Operators in the World

There’s no doubt about it, casino operators make serious money. In fact, some of them rake in millions of dollars on a daily basis. With all that money at their disposal, it’s no wonder they are living their best lives. You would too if you had their kind of money. How much are we talking about? Take a look at our list of the richest casino operators and their net worth. It’s guaranteed to blow your mind. (This list is based on net worth and the gaming operators are listed in ascending order of wealth.)

10: Andrew Black – Net worth: $200 million

Online casinos are big business and Andrew Black was fortunate enough to join the industry in its early years. He and his friend, Edward Wray, founded Betfair in 2000. Not only was it the first bet exchange on the internet, but it is also now the largest in the world.  According to Gamingclub, Black has been called the richest “gambler” in the world.

9. Frank and Lorenzo Fertitta – Net worth: $2.2 billion each

These brothers are well known for the successes they’ve achieved in the Nevada hotel and casino industry. It all started when they inherited some station casinos from their dad. Not satisfied with living off their father’s hard work, the boys decided they wanted to create their own wealth. They started out small by renting payphones. When they made some money with this venture, they began leasing out poker machines. A couple of strategic moves later and they entered the real estate industry. The rest is history.

8. Stanley Ho – Net worth: $2.5 billion

Affectionately known as the King of Macau, he’s ruled the gambling scene in this country for over 40 years. For those who are unaware, Macau’s is the largest gambling city in the entire world.
Ho’s empire consists of 15 of Macau’s 18 casinos. One of them, Casino Lisboa, makes more money than any other casino on the planet.

7. Phil Ruffin – Net worth: $2.8 billion

Phil Ruffin was wealthy in his own right when he first entered the gambling industry back in 1995 and purchased the Crystal Palace resort and casino in the Caribbean. But, it wasn’t until 2007 that he officially hit billionaire status. He now owns the New Frontier Casino and the Treasure Island Hotel and Casino. He purchased the iconic building in 2009 from a struggling MGM Mirage.

6. Steve Wynn – Net worth: $3.4 billion

Las Vegas is famous for its flashing lights and adult entertainment. But, did you know that you might have to thank Steve Wynn for that? He is responsible for building the Mirage, the first themed casino in the city back in the late 80s. He owns several other iconic Las Vegas casinos as well. These include, but are not limited to, the Bellagio Casino Hotels, the Encore, and the Wynn.

5. James Packer – Net worth: $4.1 billion

This billionaire casino operator became a subject of pop culture conversation when he was briefly engaged to music superstar Mariah Carey. But, this reputation is just the tip of the iceberg. In truth, James Packer is a remarkable man. Although he inherited a fortune from his father, he did not laze about. He decided to create a worldwide gambling empire instead.
This company, Crown Ltd, is now one of the largest resort and entertainment groups in Australia. He also owns casinos in the UK, Pennsylvania, Nevada, New Jersey, and more.

4. Kunio Busujima – Net worth:$4.9 billion

This Japanese businessman is the founder and chairman of the Sankyo Manufacturing Company. Interestingly enough, gambling is illegal in Japan but, this did nothing to dissuade Busujima. He is the largest manufacturer of Pachinko machines, the Japanese equivalent of slot machines.

3. John Paulsen – Net worth: $7.8 billion

If you’re interested in investing, John Paulsen is the man to see. In fact, some have called him a god in this respect.  The Harvard educated entrepreneur specializes in mergers and acquisitions, especially in the casino industry. In fact, he recently purchased 40 million shares of MGM Mirage and 4 million shares of Boyd Gaming Corporation. As a result, he’s now the second largest MGM shareholder. The only one with more shares than him is the founder, the late Kirk Kerkorian.

2. Dr. Lui Che Woo – Net worth: $26 billion

Although he is 82 years old, Galaxy Casino chairman, Dr. Woo is a relative newcomer to the industry. In fact, he’s been a part of this elite club for less than a decade.
His first foray into the world of casinos was the opening of the Galaxy Macau Casino Hotel. So far, he’s met with relative success. But, it’s important to note that his original fortune was made in the entertainment, leisure, construction, real estate, and hotel industry.

1. Sheldon Adelson – Net worth: $42.9 billion

Sheldon Anderson stands head and shoulders above the rest of the gambling tycoons on this list. He is the CEO and chairman of the iconic Las Vegas Sands. This casino is so lucrative, it generates over 30 million dollars in a single day. If you look at this from a numbers perspective, Las Vegas Sands makes more money than all other US casinos combined. Not bad for a college dropout.

It’s good to be one of the richest casino operators in the world. These entrepreneurs went all in on their dreams and are now among the richest people on the planet. It’s safe to say they played the hands they were dealt magnificently and stacked the deck to ensure their success.

What would you do with all that money? Share your thoughts in the comment section. We would love to hear your opinion.



Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

North Dakota
How to Apply for a Small Business Loan in North Dakota
Dr. Eric Edwards
10 Things You Didn’t Know about Dr. Eric Edwards
Batman
20 Batman Quotes That Apply to Business
North Carolina
How to Apply for a Small Business Loan in North Carolina
Oklahoma
How to File for Unemployment in Oklahoma
North Dakota
How To File for Unemployment in North Dakota
North Carolina
How to File for Unemployment in North Carolina
New Mexico
How to File for Unemployment in New Mexico
Explore Falls Park
The 20 Best Things to Do in Sioux Falls for First Timers
Idaho State Museum
The 20 Best Things to do in Boise, ID for First Timers
Connecticut River Museum
The 20 Best Things to do in Mystic CT for First Timers
Colors of Rainbow Village
The 20 Best Things to Do in Taiwan for First Timers
2021 BMW M5
10 Things You Didn’t Know About The 2021 BMW M5
2021 Mercedes S-Class exterior
10 Things You Didn’t Know about The 2021 Mercedes S-Class
2021 Jaguar E-Pace front
10 Things You Didn’t Know About the 2021 Jaguar E-Pace
2022 Honda Civic Type R
10 Things You Didn’t Know About The 2022 Honda Civic Type R
Bell & Ross BR 03-92 MA-1
10 Things You Didn’t Know about Bell & Ross BR 03-92 MA-1
Dietrich Perception Watch
10 Things You Didn’t Know About The Dietrich Perception Watch
Horage Autark Ten Year
10 Things You Didn’t Know About The Horage Autark Ten Year
Nite Icon 216 Automatic Ref1
The 10 Best Nite Watches That Money Can Buy
Kandi Burruss
How Kandi Burruss Achieved a Net Worth of $30 Million
Kawhi Leonard
How Kawhi Leonard Achieved A Net Worth of $35 Million
Virat Kohli
How Virat Kohli Achieved a Net Worth of $25 Million
Rich Paul
How Rich Paul Achieved A Net Worth of $100 Million