Quote:
Originally Posted by saclare
Kind of weird they're going for the approval of 8 total casino resorts. Why not go for 1 or 2 at first, might be more palatable for a lot of voters/legislators.
Like asking for the whole pie instead of taking a slice...
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Probably because there are several big operators that all wanted a slice
#1. Las Vegas Sands Corp
The largest casino company in the world is Las Vegas Sands Corp who owns two resorts on the Vegas Strip as well as several other US casinos and many more throughout Asia. They employ 50,000 people and their annual earnings have topped $13 billion dollars. On the Vegas Strip, they own The Palazzo and The Venetian. The Venetian is actually built on the site that the original Sands Hotel was once located. In Macao, an Asian version of Sin City, they own many reports such as The Four Seasons Hotel Macao, The Parisian Macao, and The Venetian Macao. Their Reuters profile states that their properties feature great accommodations, gaming, restaurants, and more. In Vegas, the Palazzo, Venetian, and Sands Expo make up the world?s largest integrated resort. In all, the sites have 7,100 hotel rooms and 2.3 million square feet of convention center space.
#2. MGM Resorts
This global hospitality and entertainment company owns and operates some of the most famous casino resorts in the world. It owns four highly popular Vegas properties, The Bellagio, Mandalay Bay, MGM Grand, and Park MGM. It also owns hotels and casinos throughout the US and Asia. Billionaire Kirk Kerkorian, who also once owned the Metro-Goldwyn-Mayer (MGM) movie studio, was a majority stakeholder. In the year 2000, MGM purchased Mirage Resorts which gave MGM control of the Mirage, Treasure Island, Bellagio, Boardwalk, and the Golden Nugget. Later in 2005 they also merged with Mandalay, an acquisition that gained them Mandalay Bay, Excalibur, and Circus Circus. Online Casino Gems has reported that MGM recently announced they would be interested in selling some of their casinos and having them leased back so they can obtain some cash from the properties but continue to manage them.
#3. Caesars Entertainment
Ranked as one of the top 5 largest hotel and gaming companies in the world, Caesars owns 50 properties and 7 golf courses throughout the world and takes in over $8 billion dollars a year. Starting out as Harrah?s, this group made a large expansion merger in 2005 when it joined up with Caesars. They later changed the name of the company to Caesars Entertainment in 2010. It?s most recognizable casinos include Bally?s, Caesars Palace, Harrah?s, Planet Hollywood, Paris Las Vegas, The Linq, and many more. It also owns an online gaming business that provides bingo and poker games for real money in the UK, according to their Forbes profile. Caesars Palace, their signature hotel and casino, is one of the most famous on the strip. This luxury hotel is modeled after ancient Rome and is very opulent. It hosts boxing championships as well as many popular entertainers. The main entertainment theater at Caesars is called The Colosseum and seats over 4 thousand people. The stage was custom built to Host Celine Dion. You can also eat at the Hell?s Kitchen restaurant and live out your Gordon Ramsy fantasies.
#4. Wynn Resorts
Wynn Resorts is a high-end resort and casino company that was founded in 2002 and grew quickly into a powerhouse. When Steve Wynn sold Mirage Resorts to MGM Grand, he started looking for a new business endeavor that became Wynn Resorts. They now have Wynn and Encore branded casinos and hotels in Vegas, Massachusetts, and China. According to Yahoo Finance, Wynn Resorts is launching a new social dining experience in 2020 called Elio. The Wynn properties are known for being luxury-quality and commanding a higher price than other resorts. The Wynn Resort is also home to The Buffet at Wynn which is currently considered one of the best Vegas buffets you can dine in. With a splashy, colorful decor and a delicious selection of high-quality foods, you?ll never come away hungry. They are well known for having stunning seafood selections.