The 10 Richest People in the Casino Industry
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Casinos are getting bigger and offer more games, shows and five-star hotels. Gambling politics aside, casinos are built for both pleasure and profit.
Sheldon Adelson died in January 2021. His widow Miriam inherited his fortune. She is now the fifth richest woman in the world and the richest betting billionaire.
Lui Che-woo is worth $19 billion. He owns Galaxy Entertainment Group and six casinos in Macau. He made his first million in construction and property.
Tilman Fertitta is worth $6 billion. He owns the Golden Nugget franchise, hotels, casinos, amusement parks, aquariums, and cruise ships. The 65-year-old entrepreneur has his own basketball team: the Houston Rockets.
Planet Poker launched the first online card room in 1998. Mark Scheinberg sold PokerStars to Amaya Gaming Group in 2014 for $4.9 billion. Scheinsberg is now a property developer with a portfolio of hotels, including the Four Seasons in Madrid.
Denise Coates is one of the wealthiest women in the UK. She is the highest paid chief executive in UK and owns Bet365, one the biggest online sportsbooks in world.
Johann Graf is worth $4.6 billion. He started his career as Austria's youngest qualified butcher. After buying cars on credit, he started importing pinball machines and slot machines. His businesses Novomatic and Admiral dominate the supply of gambling machines worldwide.
Steve Wynn is one of the richest people in the casino industry. He is worth $3.3 billion. Wynne owns some of world's most iconic casinos, including the Bellagio, the Mirage, and Wynns Las Vegas.
Stanley Ho died in 2020, leaving a $12 billion fortune to his family. His daughter Pansy got the lion's share and still owns interest in six Macau casinos. PANSy was barred from running a gaming business in New Jersey in 2010 because of her late father's connections to organised crime.
Stanley Ho left several billionaire family members in his wake, including his son Lawrence Ho. Lawrence is the CEO of Melco International Group, which owns several casinos in Macau and Manila. Melo and Stanley are developing the City of Dreams Mediterranean in Cyprus. It's due to open in 2022 but contract issues are hampering progress.
James Packer is worth $1.5 billion. He is the son of Kerry Packers, a media mogul and a gambler. James has created a worldwide gambling empire with Crown Resorts.
The 10 richest people in the casino industry are listed in Forbes' list as of August 2022.
