Largest Casino Companies Worldwide In 2017 By Revenue
WinStar World Casino is the largest casino in the world. This casino strives to provide a staggering variety of game options to ensure that everyone can find something to enjoy. Its options include 7,400 electronic games, 98 table games, 46 poker tables, and a bingo hall. For further in-depth data on global games market companies and revenues, see our Global Games Market Report. Exchange rates are at year end, unless companies report in US$. Revenue growth includes the effect of acquisitions and currency movements, which sometimes have a material impact on growth rates. The company made $5.4 billion in revenue during 2014. Galaxy Entertainment. This is another Hong Kong based casino company that has concentrated on the Macau market. It operates a number of casinos such as the Galaxy Macau Casino, StarWorld Casino & Hotel, Waldo Casino Hotel, President Casino & Hotel, Rio Casino & Hotel Macau and Broadway Macau.
- Largest Casino Companies Worldwide In 2017 By Revenue Recognition
- Largest Casino Companies Worldwide In 2017 By Revenue Generated
This list comprises the world's largest companies by consolidated 2019 revenue, according to the Fortune Global 500 latest tally published on August 10, 2020. American retail corporation Walmart has been the world's largest company by revenue since 2014. US casino stocks with Macau exposure rally after Macau revenue beats Published Mon, May 1 2017 3:19 PM EDT Updated Tue, May 2 2017 1:23 AM EDT Jeff Daniels @jeffdanielsca.
In a challenging market, more publishers saw sales decline than increase in 2016
Although total revenue of the world’s 50 largest book publishers topped $50 billion in 2016, last year was not an easy one for global publishing giants. Less than half of the top 50 publishers posted revenue gains in 2016, with the balance reporting sales declines. One of the companies that had the toughest year was Pearson, which had a 15% decline in sales, to $5.62 billion. Even with the drop in revenue, Pearson continued its longtime reign as the world’s largest book publisher, according to the Livres Hebdo/Publishers Weekly annual ranking.
Tough Year for Educational Publishers
Sales in the educational market, particularly in the U.S., were down in 2016 compared to 2015, and the downturn meant declining sales for publishers and also led some companies to restructure. Pearson underwent a companywide reorganization in 2016 that it said was in response to changes in the educational publishing market. The move eliminated about 4,000 employees. Earlier this year, the educational publisher said it intended to cut about 3,000 more positions. Houghton Mifflin Harcourt, which was the 14th-largest publisher in 2016 but saw a 3% decline in revenue, announced this spring that it will eliminate between 8% and 10% of its workforce of 4,500 in 2017.
McGraw-Hill Education is another publisher in the educational segment that had a sales decline last year, with revenue off 4% from 2015. Still, MHE, which hopes to go public at some point, was the largest American-owned book publisher in 2016.
Ups and Downs Among The Largest Publishers
The reported sales declines in RELX Group, Thomson Reuters, and Wolters Kluwer—other members of the top 10—are largely due to our decision to exclude revenue from some divisions that have moved away from book publishing. (2015 revenue was not restated for those companies.) But Bertelsmann’s 7% decline in 2016 revenue was due entirely to a drop in sales at Penguin Random House. The lack of a big new bestseller hurt results at the company, and it divested some smaller divisions in the year. The decline at PRH was offset in part by a sales increase in Bertelsmann’s education division.
The small decline in revenue at Hachette Livre was due to currency fluctuations between the euro and dollar. Excluding differences in the exchange rates, Hachette Livre revenue was 2.5% higher than in 2015. The sales increase was due to strong sales for the U.K. group (up 11%), thanks primarily to the success of J.K. Rowling’s Harry Potter and the Cursed Child and Fantastic Beasts and Where to Find Them in English worldwide (excluding Canada and the U.S.). Partworks also performed well, particularly in Japan and Spain. Hachette Livre sales includes Hachette Book Group USA, which had an increase in sales in 2016 thanks to the $75 million contribution from the publishing arm of the Perseus Books Group, which it acquired in March 2016.
Only two companies among the top 10 largest publishers had outright sales increases in 2016. Spain’s Grupo Planeta had a small sales gain, and Springer Nature posted a 7% increase. Last year was the first full year of operation for Springer Nature, which was formed in May 2015 through the merger of Holtzbrinck-owned Macmillan Science and Education companies (excluding Macmillan’s U.S. higher-education and trade properties) with Springer Science + Business Media.
Despite the weak financial performances by the 10 largest publishers, their share of all revenue from publishers on the list was 56%, up from 54% in 2015. Since we started ranking the world’s biggest publishers, the largest 10 companies have accounted for 53%–58% of the revenue of all the publishers who have been featured in the ranking.
How the Americans Fared
John Wiley, which was the ninth-largest publisher in the world last year, was one of three American companies, along with Scholastic and HarperCollins, whose ranking was based on fiscal 2016 figures rather than fiscal 2017. For the fiscal year ended Apr. 30, 2017, Wiley, which bills itself a global research and learning company, had revenue of $1.72 billion, down by less than 1% from fiscal 2016.
Scholastic’s 2017 fiscal year ended May 30, 2017, and its revenue rose 4% from fiscal 2016’s to $1.74 billion. It was a sales increase driven by strong gains from its trade group, where sales jumped 45% thanks to strong performances by Harry Potter and the Cursed Child and Fantastic Beasts and Where to Find Them.
HarperCollins’s revenue for the fiscal year ended June 30, 2017, fell by $10 million, less than 1%, to $1.64 billion. HC, which sees international expansion as key to long-term growth, was the world’s 12th-largest publisher in 2016.
Overall, six American companies were among the world’s 50 largest publishers. Simon & Schuster, with revenue of $767 million last year, was the 23rd-biggest publisher.
Changes to Other World Players
Two Brazilian publishers returned to the ranking in 2016 after dropping off in 2015 due to the plunge in value of Brazil’s currency. Somos Educacao (formerly Abril Educacao) was the 32nd-largest publisher in the world last year, thanks in part to its acquisition of the book division of Saraiva and an improvement in exchange rates. Two acquisitions helped to boost Russia-based Eksmo’s revenue in 2016, and the publisher finished in 38th place on the global ranking.
The 2016 ranking excludes Chinese publishers. We started including Chinese publishers in 2014, when companies in China began to provide verifiable information, and in 2015 five Chinese publishers were included. However, in 2016 China’s government changed the selection criteria for China’s Top 30 Cultural Enterprises (which includes publishing). The new criteria focuses on both the social and economic benefits brought by candidate enterprises, with more consideration given to the former. The result is that the government is not encouraging publishing companies to get involved in any rankings based solely on economic criteria.
| Rank 2017 | Rank 2016 | Publishing Group or Division | Parent Company | Parent Country | 2016 Revenue (in $M) | 2015 Revenue (in $M) |
|---|---|---|---|---|---|---|
| 1 | 1 | Pearson | Pearson PLC | UK | $5,617 | $6,625 |
| 2 | 3 | RELX Group | Reed Elsevier PLC & Reed Elsevier NV | UK/NL/US | $4,864 | $5,209 |
| 3 | 2 | ThomsonReuters | The Woodbridge Company | Canada | $4,819 | $5,776 |
| 4 | not listed | Bertelsmann | Bertelsmann AG | Germany | $3,697 | $5,259 |
| 5 | 4 | Wolters Kluwer | Wolters Kluwer | NL | $3,384 | $4,592 |
| 6 | 8 | Hachette Livre | Lagardère | France | $2,390 | $2,407 |
| 7 | 10 | Grupo Planeta | Grupo Planeta | Spain | $1,889 | $1,809 |
| 8 | 9 | McGraw-Hill Education | Apollo Global Management | US | $1,757 | $1,835 |
| 9 | 11 | Wiley | Wiley | US | $1,727 | $1,822 |
| 10 | 15 | Springer Nature | Springer Nature | Germany | $1,715 | $1,605 |
| 11 | 14 | Scholastic | Scholastic | US | $1,673 | $1,636 |
| 12 | 12 | HarperCollins | News Corp. | US | $1,646 | $1,667 |
| 13 | 13 | Cengage Learning Holdings II | Apax and Omers Capital Partners | US/Canada | $1,631 | $1,633 |
| 14 | 16 | Houghton Mifflin Harcourt | Houghton Mifflin Harcourt Company | US/Cayman Islands | $1,373 | $1,416 |
| 15 | 19 | Holtzbrinck | Verlagsgruppe Georg von Holtzbrinck | Germany | $1,226 | $1,231 |
| 16 | 23 | Shueisha | Hitotsubashi Group | Japan | $1,053 | $1,013 |
| 17 | 25 | Kodansha | Kodansha | Japan | $1,004 | $969 |
| 18 | 22 | Informa | Informa PLC | UK | $963 | $1,073 |
| 19 | 24 | Kadokawa Publishing | Kadokawa Holdings | Japan | $949 | $1,009 |
| 20 | 21 | Oxford University Press | Oxford University | UK | $939 | $1,137 |
| 21 | 27 | Bonnier | The Bonnier Group | Sweden | $846 | $827 |
| 22 | 26 | Shogakukan | Hitotsubashi Group | Japan | $818 | $850 |
| 23 | 29 | Simon & Schuster | CBS | US | $767 | $780 |
| 24 | 30 | Grupo Santillana | PRISA SA | Spain | $668 | $702 |
| 25 | 28 | Egmont Group | Egmont International Holding A/S | Denmark | $605 | $786 |
| 26 | 32 | Klett | Klett Gruppe | Germany | $567 | $540 |
| 27 | 31 | Woongjin ThinkBig | Woongjin Holding | Korea | $520 | $552 |
| 28 | 39 | Mondadori | The Mondadori Group | Italy | $501 | $350 |
| 29 | 34 | De Agostini Editore | Gruppo De Agostini | Italy | $469 | $483 |
| 30 | 35 | Groupe Madrigall | Madrigall | France | $461 | $478 |
| 31 | 36 | Les Editions Lefebvre-Sarrut | Frojal | France | $442 | $432 |
| 32 | not listed | Somos Educação | Somos | Brazil | $426 | $237 |
| 33 | 33 | Messagerie / GeMS | Messagerie Italiane | Italy | $431 | $344 |
| 34 | 44 | Kyowon | Kyowon | Korea | $394 | $277 |
| 35 | 38 | Media Participations | Media Participations | Belgium | $372 | $371 |
| 36 | 37 | Cambridge University Press | Cambridge University Press | UK | $332 | $399 |
| 37 | 40 | Westermann Verlagsgruppe | Medien Union | Germany | $317 | $327 |
| 38 | 48 | EKSMO-AST | Privately owned | Russia | $314 | $233 |
| 39 | 41 | Sanoma | Sanoma WSOY | Finland | $299 | $307 |
| 40 | 42 | Cornelsen | Cornelsen | Germany | $287 | $284 |
| 41 | 43 | Haufe Gruppe | Privately owned | Germany | $282 | $279 |
| 42 | 47 | Gakken | Gakken | Japan | $261 | $239 |
| 43 | 45 | WEKA | WEKA Firmengruppe | Germany | $248 | $253 |
| 44 | not listed | France Loisirs | ACTISSIA Club | Luxembourg | $229 | $275 |
| 45 | 50 | Bungeishunju | Bungeishunju | Japan | $220 | $201 |
| 46 | 46 | La Martinière Groupe | La Martinière Groupe | France | $217 | $246 |
| 47 | not listed | C.H.Beck | Verlag C.H. Beck | Germany | 216 | N/A |
| 48 | 49 | Prosveshcheniye | Privately owned | Cyprus | 207 | 193 |
| 49 | 51 | Groupe Albin Michel | Groupe Albin Michel | France | 206 | $194 |
| 50 | not listed | Quarto | The Quarto Group | US | 188 | 182 |
| 51 | not listed | Editora FTD | Editora FTD | Brazil | 184 | $160 |
| 52 | not listed | Thieme | Georg Thieme Verlag | Germany | 157 | N/A |
| 53 | not listed | Bloomsbury | Bloomsbury Publishing | UK | 154 | N/A |
| 54 | 52 | Shinchosha Publishing | Shinchosa Publishing | Japan | 154 | $182 |
Editor's Note: This chart has been updated to include four new publishers.
Countless people flock to casinos around the world, hoping to enjoy the flashy scenery and take their shot at winning big. The decor in casinos is often lavish and larger than life, offering an experience to remember. Visitors are able appreciate the gorgeous architecture in between their visits to game machines and poker tables as well–but just how large can casinos get?
Today we’ll be looking at 8 of the largest casinos in the world by floor area. To be specific, we’ll be organizing these casinos according to the floor area of the actual casino space rather than the establishment as a whole.
Largest Casino Companies Worldwide In 2017 By Revenue Recognition
Casino Lisboa
Location: Lisbon, Portugal
Year Opened: 2006
Owner: Sociedade de Turismo e Diversões de Macau
Source: wikimedia.org
Casino Lisboa is located in the Parque das Nações, or Park of the Nations. To the delight of its owners, upon opening, it’s enjoyed better business than originally anticipated. It is the largest casino in Lisbon, providing 1,000 game machines and 26 tabletop games to choose from.
Did You Know?
As you might expect, Casino Lisboa is a popular tourist destination. The establishment fosters an environment of diversity and provides a wide variety of experiences and cultural attractions.
MGM Grand Las Vegas
Location: Nevada, USA
Year Opened: 1993
Owner: MGM Resorts International
Source: wikimedia.org
One of the more iconic landmarks of Las Vegas is the MGM Grand Hotel and Casino. This establishment provides 5,044 guest rooms, and is reported to see 70,000 people pass through it each day. The casino also boasts 2,500 game machines.
Did You Know?
The MGM Grand Hotel and Casino is located at the junction between Tropicana and The Strip. This intersection is notable for its complete lack of pedestrian paths on ground level. Pedestrians must instead cross the intersection using a bridge.
Sands Macao
Location: Macau, China
Year Opened: 2004
Owner: Las Vegas Sands
Source: wikimedia.org
Sands Macao is operated by the Las Vegas Sands Corporation, and its revenue quickly surpassed that of its Las Vegas counterpart. Sands Macao already had an array of other casinos to compete with in Macau when it was opened, so its games were carefully chosen in order to stand out. This casino is popular for being more laid back than many of its competitors.
One of the more iconic landmarks of Las Vegas is the MGM Grand Hotel and Casino. This establishment provides 5,044 guest rooms, and is reported to see 70,000 people pass through it each day. The casino also boasts 2,500 game machines.
Did You Know?
Back in 2006, Sands Macao completed an expansion that enabled it to claim the title of the largest casino in the world for a while. Macau is the only place in China where casinos are legal, so the casino’s popularity quickly skyrocketed.
Ponte 16
Location: Macau, China
Year Opened: 2008
Owner: Sociedade de Jogos de Macau and Macau Success Limited
Source: wikimedia.org
Ponte 16 Resort Macau is located in Santo António, Macau, on land that was previously a Portuguese territory. Interestingly, the land where the casino rests used to be underwater. The casino’s architecture features many traditional Chinese elements, making it both beautiful and unique. However, the luxurious Ponte 16 casino creates a stark contrast with the weathered, crumbling buildings that surround it.
Did You Know?
Conveniently close to the Ponte 16 casino is the Sofitel, a luxurious hotel from the highly-regarded French brand.
Foxwoods
Location: Connecticut, USA
Year Opened: 1986
Owner: Mashantucket Pequot Tribe Nation
Source: flickr.com
More formally known as Foxwoods Resort Casino, this establishment originally offered only a Bingo hall when it first opened. Today, the complex offers over 250 gaming tables and 5,500 slot machines, as well as an arcade to entertain children and teens. Foxwoods is the largest casino complex in the United States by square footage, and attracts around 16 million visitors each year.
Did You Know?
Foxwoods Resort Casino was opened by the Mashantucket Pequots, and was one of the first Native American gaming halls in the United States.
City of Dreams
Location: Macau, China
Year Opened: 2009
Owner: Melco Crown Entertainment
Source: wikimedia.org
Located in Cotai, the entertainment hub of Macau, the City of Dreams Casino and Resort projects a high-energy, cutting edge image geared towards a trend-focused customer base. One of the more famous attractions at the casino is the Dancing Water Theatre, which contains one of the largest commercial pools in the world (3,700,000 gallons).
Did You Know?
Macau is notorious as a money-laundering site for the wealthy, where the elite purchase gambling chips and then convert them back to cash in the form of Hong Kong dollars.
Venetian Macao
Location: Macau, China
Year Opened: 2007
Owner: Las Vegas Sands
Source: wikimedia.org
Modeled after its sister casino, The Venetian Las Vegas, The Venetian Macau is the seventh largest building in the world by usable floor area. Previously the largest casino in the world, The Venetian Macao offers 3,000 suites and 350 shopping sites along its Grand Canal.
Did You Know?
The Venetian Macao is often referred to as a “mini city,” not only because of its size, but also due to its elaborate, beautiful architecture styled after that of Venice, Italy.
WinStar World Casino
Location: Oklahoma, USA
Year Opened: 2003
Owner: The Chickasaw Nation
Source: wikimedia.org
WinStar World Casino is the largest casino in the world. This casino strives to provide a staggering variety of game options to ensure that everyone can find something to enjoy. Its options include 7,400 electronic games, 98 table games, 46 poker tables, and a bingo hall. Other commodities such as a spa, boutique, and a golf course ensure that enjoyment continues long after the game experience is done.
Did You Know?
WinStar World Casino is the first casino to partner with the NFL–specifically, the Dallas Cowboys.