Richest Casino Moguls

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    By StaffNov 15, 2018, 1:10 am1.7k ptsInteresting

    Land-based and online casinos such as NetBet Casino are directly associated with wealth and opulence, so it is no wonder that some of the richest people in the world would be involved in this entertainment industry, one way or another. While casino players are known to rack up and withdraw some hefty sums of cash from the many different games, it is the owners of these establishments which make the most profit on the long run.

    The richest casino moguls are spread worldwide, representing areas from Australia, through Asia, all the way to the USA. With each of them constantly working to expand business beyond current proportions, it is no wonder their worth is expressed in billions, as you will see directly.

    Sheldon Adelson

    Mr. Adelson is known primarily as the CEO of the Las Vegas Sands, although his empire has grown to include anything from a full-on convention centre, The Venetian, The Marina Bay and The Palazzo among others in the US, and the Venetian Macao Casino Resort across the ocean in Asia.

    With a current net worth estimated at about $39 billion, and a daily revenue estimation of approximately $32 million, it is no wonder that his Las Vegas home is a staggering 44,000 square feet.

    Lui Che Woo

    What started off as a poor peanut seller during WWII is nowadays ranked as the second-richest man in Asia, Mr. Lui Che Woo. His wealth has built up to a staggering $21 billion, about ten less than the first-ranked on this countdown. Nevertheless, this casino mogul only became one after operating in the construction and development industry with the K. Wah Construction company that would later acquire Galaxy Casino SA in order to become Galaxy Entertainment Group.

    Under the new name, the casino empire flourished and spread out across China and South-East Asia, as well as North America.


    Stanley Ho

    The third casino mogul was once in charge of what was known as the casino monopoly in Macau, as Mr. Ho used to be the only entrepreneur with a granted permission to operate a casino establishment. Nowadays, 15 out of the 18 casinos in Macau operate to account for Stanley Ho's net worth, estimated at about $4.8 billion, although he gained his first glimpse of the rich lifestyle back in the days when he smuggled luxurious items during the war, and thus managed to pay for the specific casino monopoly license.

    Steve Wynn

    Considering the extent of press coverage his name has received over the years, this casino mogul is bound to be among the top ranking owners. As CEO and chairman of the corporation Wynn Resorts, Mr. Wynn revolutionized the US gambling industry by introducing Vegas' first themed casino establishment – The Mirage. This set off a new trend in the Las Vegas casino construction industry, as others followed his example that saw additions to the corporation later on – Treasure Island, Wynn, Bellagio Casino Hotels, Encore and the Golden Nugget.

    A recent estimate of his net worth claims that Mr. Steve Wynn holds about $4 billion, thus toppling Las Vegas casino operators in yet another category.


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