Most Profitable Casinos in the U.S.
The United States casino market is one of the highest grossing markets in the world. The economic impact of the casinos on the country is enormous. It is more than $240 billion every year. The casino revenue in the U.S. dwarfs that of other countries. Single casino markets, such as the autonomous territory of Macau, gross more than a single U.S. market, such as Las Vegas. But, as a whole, the country’s market is second to none. And, it is growing.
So, out of all the 460 casinos in the United States, which ones are the most profitable? Here is a list of the top 10 highest grossing casinos in the United States.
1. Wynn Las Vegas
The Wynn Las Vegas is the most profitable casino in the United States. It had a gross revenue of more than $1.7 billion in 2017. What makes the Wynn so profitable is all the money coming out of the casino has been spent on gaming. The company makes sure that customers have the most luxurious experience possible. It offers them high-end shopping, gourmet restaurants, and world-class clubs. The top-shelf resort experience means that clients are dropping thousands of dollars. And, that is before they have even entered the casino. Wynn Las Vegas offers 189,000 square feet of gaming space. It also has nearly 5,000 rooms, 12 restaurants, nearly 30 shops, a golf course, bars, and pools. The resort has more than 2,000 slots and 168 table games and includes a VIP gaming area.
2. The Venetian and the Palazzo, Las Vegas
The Venetian and The Palazzo resorts are a combined property owned by Las Vegas Sands. The two resorts combined bring in $1.6 billion a year. There are several features that connect the two resorts, including a bridge and a long hallway/tunnel. Like the Wynn Las Vegas, The Venetian and the Palazzo offer their customers dozens of restaurants, shopping, and bar venues. They also offer entertainment venues. The combined casinos offer more than 7,000 rooms, 3,000 of which are suites. The combined casinos have 225,000 square feet of gaming space, more than 2,000 slot machines and hundreds of table games. Both casinos also offer high-limit areas, but each casino has its own specialty. One of the casinos specializes in Asian games, while the other is a poker paradise. With all these amenities, how could these two casinos not be on the list of the most profitable casinos?
3. The Bellagio, Las Vegas
The Bellagio Resort in Las Vegas has a gross revenue close to those of the Wynn Las Vegas and the Sands properties. It had a total of $1.36 billion in revenue in 2017. Interestingly, the Bellagio was a concept of Steve Wynn but MGM Resorts made it a reality. The casino has nearly 4,000 rooms and 116,000 square feet of gaming space. More than any other casino in Vegas, the Bellagio is home sweet home for poker players. The World Poker Tour features it often. It contains a traditional poker room and a special high-limit poker room for VIP gamblers. The resort also features 14 world-class restaurants, a conservatory, art museum, and spa. The casino has also been featured in movies, most notably in “Oceans 11.”
4. The MGM Grand, Las Vegas
The fourth most profitable casino in the United States is the MGM Grand. Not surprisingly, it is also in Las Vegas, the most profitable market in the United States. The MGM offers 171,000 square feet of gaming space and nearly 7,000 hotel rooms. More than 2,500 slot machines are on the casino floor, as well as close to 140 table games. The MGM Grand has 11 restaurants. It is best known, however, for its entertainment venues, which feature artists, such as Britney Spears, Cher, and Lady Gaga. In addition, visitors should not miss the casino’s pool scene.
5. Caesars Palace Las Vegas
Like the MGM Grand, Caesars Palace, which took in $1.18 billion in gambling revenue, is also known for its entertainment. Artists, such as Shania Twain, Stevie Nicks, Celine Dion, Cher, and Jerry Seinfeld, have performed there. Caesars boasts 124,000 square feet of gaming space, which includes 1,400 slot machines, video poker machines, and video slot machines. More than 40 table games are also available, including pai gow poker, Hold’em poker, baccarat, craps, and blackjack. There is also a VIP gaming room available for high-rolling customers. Caesars Palace has been the home of sporting events, such as classic boxing matches, MMA fighting, and hockey games.
6. Mandalay Bay, Las Vegas
The Mandalay Bay reported an income of just $1 billion in 2017. However, experts believe the casino will not be as profitable in 2018. The shooting in October 2017 killed 58 people and injured 546. And, it was affecting the casino’s revenue the first and second quarters of 2018. The casino has 3,200 hotel rooms and 135,000 square feet of gaming space. People know the Mandalay Bay for its pool scene, not only for singles but for families as well. It has three heated pools, a lazy river, and a children’s area, as well as a wave pool.
7. The Borgata, Atlantic City
By far, The Borgata is the most profitable casino in Atlantic City. The casino earned more than $800 million in 2017. The Borgata offers a 161,000-square-foot casino floor with 4,000 slot machines. The casino also has 180 table games, 50 of which are poker tables. The Borgata runs the best-known poker program in Atlantic City. The casino has daily poker tournaments and is a stop on the World Poker Tour. The Borgata also has a sportsbook, a mobile sports betting app, and a racebook. It is the only racebook in Atlantic City. In addition, the casino is also known for lucky streaks at craps tables. One grandmother won thousands of dollars after four hours of playing the dice rolls.
8. The Palms, Las Vegas
Recently purchased by Red Rocks Resorts, The Palms has undergone an extensive renovation. Its revenue last year was $560 million. The Palms has upped its DJ game to appeal to a younger crowd and has hosted eSports tournaments. In addition, The Palms has a recording studio on site, which has featured artists, such as Eminem, Maroon 5, and Imagine Dragons. The music scene at The Palms is also attracting a large group of Millennials.
9. The Tropicana, Atlantic City
The Tropicana Casino is a true success story in Atlantic City. It almost lost its license in 2007 and was on the verge of closing because of the economic recession. But, it rose again. And, it redecorated. Thanks to an aggressive marketing campaign, and an updated casino floor, the casino is back. The Tropicana earned $390 million in 2017. It boasts 2,400 guest rooms, a 200,000 square feet entertainment complex, and 125,000 square feet of gaming space.
10. Harrah’s Casino, Atlantic City
Rounding out the casino top 10 is Harrah’s Casino in Atlantic City. It edged out its Vegas counterpart by about $30 million. Harrah’s offers nearly 2,700 rooms with 90,000 square feet of gaming space. Despite lacking the luxury of some Boardwalk casinos, Harrah’s offers solid slots and table gameplay and has many loyal customers.
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As an avid video poker player and lover of real money online blackjack, Thomas is the founder and guiding voice behind the Top Casino Picks community. A project manager at a London based Fortune 500 tech company, Thomas is an online casino enthusiast who founded TCP as a hobby to help other players avoid the headaches and hassles he has encountered when trying to find the best real money online casinos.
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