There are some casino owners who are more successful than others. These include Steve Wynn, Lui Che Woo, Mark Scheinberg and Sheldon Adelson. They are also famous for having some of the hottest properties in Las Vegas.
Sheldon Adelson
Sheldon Adelson is one of the most successful casino owners in the world. His empire is based in the United States and Macau, China. During his career, he helped to shape the modern era of gaming and hospitality in Las Vegas and Asia.
He began his entrepreneurial career at age 12 when he borrowed $200 from his uncle. He later bought a candy vending machine for his friends. Later on, he got into venture capital. In addition to gambling, he owned a tour business and a toiletry kit business.
In 1989, he bought the Sands Hotel and Casino for $128 million. The following year, he built the Venetian, a resort casino that was modeled after Venice. This casino featured replicas of the Rialto Bridge, St. Mark’s Basilica, and other famous landmarks.
Lui Che Woo
Lui Che Woo is one of the most successful casino owners in the world. He is also a businessman and philanthropist. The casino tycoon is 82 years old and has a net worth of $21 billion. His fortune comes from property development, investment and gambling.
Before becoming a casino tycoon, Lui started out in the construction industry. He initially worked as a supplier of gravel for the postwar construction boom in Hong Kong. It was then that he began to branch out into hotel and property development. This is where he made his first fortune.
After a decade, he became interested in gambling. He started his own casino in Macau in May 2011. The Galaxy Casino boasts over 450 table games, 600 slot machines and 50 restaurants.
Steve Wynn
Steve Wynn has made an impression on the Las Vegas strip and has elevated the game of casino ownership through his iconic hotel projects. He has built a family of casinos and is the founder of Wynn Resorts Limited.
After his father passed away in 1963, Steve took over the family bingo operation. In 1967, he shifted to Las Vegas to continue his father’s business. The Golden Nugget became the city’s first upscale downtown hotel, setting a new standard for what a downtown casino could be.
Steve Wynn has created a successful company through a series of coincidences. He acquired a lucrative land deal with Howard Hughes and was able to make his way into the gaming industry.
Tilman Fertitta
Tilman Fertitta is one of the most successful casino owners in the country. He has made millions from sports betting, casino operations, and property construction. His latest endeavor is the construction of a 43-story hotel-casino on the Las Vegas Strip.
In addition to his gambling interests, Fertitta owns a number of restaurants, including Joe’s Crab Shack, Catch Hospitality, and Rainforest Cafe. As one of the top executives in the restaurant industry, he has been recognized by the National Restaurant Association and the Restaurant News.
He also serves as a member of the Executive Committee of the Houston Livestock Show and Rodeo and the Board of Regents at the University of Houston. Additionally, he is a major political donor in Texas.
Mark Scheinberg
Mark Scheinberg is a Canadian billionaire and former co-founder of the online poker company PokerStars. He is ranked among the world’s most successful casino owners.
The businessman, born in Israel, moved to Canada when he was 13, dropping out of Fanshawe College. He subsequently worked in the hospitality industry in Toronto.
He began investing in real estate, including a luxury resort in Costa Rica and a high-end cruise line. Since 2015, his Mohari fund has invested US$700 million.
In March 2020, he established the Scheinberg Relief Fund, a charitable initiative that focused on providing food, medical equipment and other assistance to the elderly and disadvantaged. It has already delivered US$50 million to the victims of the Covid pandemic.
Lloyd Williams
Lloyd Williams is an Australian multimillionaire who is known for his casino, racing, and hotel businesses. He is also a thoroughbred owner.
Williams’ interest in horse racing started at a young age. He was exposed to the Melbourne Cup through his Catholic parents. In addition, he studied poker while living in Paris.
Williams started his career as a developer. His company built the first Crown Casino in Melbourne, one of the largest casinos in the world.
In the late 1990s, he also made his mark as a property developer. In 1999, he sold most of his interests to the Packer family. As a result, Kerry Packer’s son, James, now controls many of the casino properties in Australia.