Every year, millions of players visit casinos and gambling halls in the hope of ripping off the coveted prize. In total, billions of dollars are spent on betting. In addition to the costs, there are other costs, without which it is impossible to imagine a pleasant vacation – hotels, bars, restaurants, and excursions.
The gambling sphere is constantly developing. There is a huge amount of money here. So, at the end of 2022, the turnover reached 449 billion dollars. Business owners in this industry earn billions on players’ bets.
The five richest people from the gambling industry
Let’s talk about the five richest representatives of the gambling industry, who own the largest casinos in the world. What kind of people they are, what their wealth and achievements are.
Miriam Adelson – $36.4 billion (#35 on the Forbes list)
Miriam found herself on the list of the richest people in the world after the death of her husband Sheldon Adelson, who was a true legend of the gambling industry. He founded Las Vegas Sands Corporation – ranked third on the list of the most profitable in the gambling world and owns a network of casinos and hotels in the States and Asia.
Miriam has worked in medicine virtually all her life. Now she is involved in public and political life in the United States. In gambling establishments, the activity of the Adelson family does not end. They own several medical research centers. Also at their expense, the election campaign of Donald Trump in 2016 and 2020 was conducted. Yes and for the 2024 campaign, she plans to donate another 100 million. Another wife of the late Sheldon Adelson is also actively involved in supporting the historic homeland of Israel, promoting the interests of Israelis in various spheres of life in the American community.
Lee Che Woo – $15.6 billion (No. 128 on the Forbes list)
After Miriam Adelson, he is the second oldest person in the gambling business in terms of age and capital. The 94-year-old gaming magnate began his career by buying and selling building materials in Hong Kong. Then he became known as one of the leading suppliers of gravel in the post-war period, which was the time of the construction boom in his homeland.
Gradually, Lee expanded his field of operation. He invested in private property and the hotel business. But at the age of 73, he decided to do something less gray and switched to the gambling industry. He now owns Galaxy Entertainment Group and six casinos in Macau, including the luxurious $2 billion Galaxy Casino. No wonder Macau is called China’s Las Vegas.
However, both Macau and Vegas need to do a very good job of attracting tourists in the near future. Both cities will be under increasing pressure from online casinos, which attract millions of gamers around the world. The biggest international operators Pin Up, Megapari, and 1xBet, which offer the largest number of games, are the most popular with players.
To be sure of this, all you need to do is to go to the site and register with 1xBet. After that, it’s enough to explore the portfolio and find thousands of video slots, arcades, live casinos, or sports betting. And all of this is available right from your phone without having to visit a land-based casino.
With such advantages, it’s no wonder that the iGaming sector has grown so much. And this growth will only continue in the future, which could reduce the number of tourists in Macau and Las Vegas. Especially if another pandemic comes along and land-based casinos are forced to close down once again.
Tilman Fertitta – $8.2 billion (No. 256 on the Forbes list)
Like many billionaires, Tilman did not finish his university studies. However, this did not stop him from developing a talent in business. He gained knowledge and experience while working at his father’s restaurant. He learned how to build a business in the restaurant and hotel business methodically, which was later joined by cruise ships and casinos. Tillman now owns the Golden Nugget franchise with casinos and hotels in five cities in the states, including Vegas and Atlantic City. He also became the owner of the Houston Rockets in 2017. For that deal, he gave about $2.2 billion.
Denise Coates – $7 billion (No. 352 on Forbes list)
Denise’s entrepreneurial flair helped her get on the list of Britain’s richest and most powerful women. In 2000, she assessed the prospect of a new online segment of gambling entertainment at that time and acquired the domain Bet365.com. In the development of her brainchild, she invested £ 15 million, borrowed on loan from the Royal Bank of Scotland. The idea was risky, but in the end, the businesswoman’s expectations were justified. Now Bet365 is one of the largest bookmakers in the online sector. Annually, the site makes bets on the amount of more than 65 billion dollars. And Denise herself receives hundreds of millions of dollars in wages. Many believe that such incomes are too high.
Mark Sheinberg – $5.2 billion (#511 on the Forbes list)
Mark was born in Israel but started building his career in Canada. One of his most famous and profitable projects is the PokerStars poker site, which he co-founded with his father Isaiah Sheinberg. The site was launched in 2001 and immediately became popular with players from all over the world. Over time, PokerStars began to host the largest online poker tournaments. But in 2014, Mark sold the platform to the Canadian company Amaya Gaming for $4.9 billion. Currently, he is engaged in real estate. He also helps wildlife conservationists through his own foundation.
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