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Just returned from a trip to Las Vegas and can’t tell the players from the scorecard (slot cards). You’ve probably answered this a hundred times, but who owns what?
Some of the "ownership" is complicated, in that the largest casino companies (Caesars Entertainment, MGM Resorts International) have sold their real estate, but continue to operate the casinos. For that story, essentially the real estate owned by Vici Properties, you can read this QoD.
Boyd Gaming, Station Casinos, Wynn Resorts, and Phil Ruffin are now the biggest owner-operators in town.
Thanks to the infusion of Native American tribes and new entrepreneurs, the picture is notably less consolidated than it was a few years ago. We’ve omitted several small operators for the sake of brevity and priority.
Here goes …
Affinity Gaming: Silver Sevens
Apollo Management: Palazzo, The Venetian
Bally’s Co.: Tropicana Las Vegas
Boyd Gaming: Aliante Casino-Hotel-Spa, California Hotel, Cannery, Fremont Hotel, Gold Coast, Main Street Station, The Orleans, Sam’s Town, Suncoast
Caesars Entertainment: Caesars Palace, The Cromwell, Flamingo Las Vegas, Harrah’s Las Vegas, Horseshoe Las Vegas, Linq Hotel, Paris-Las Vegas, Planet Hollywood
Terry Caudill: Binion’s Gambling Hall, Four Queens
CMH Real Estate Development: Tuscany
Joseph DeSimone: The Pass, Railroad Pass Casino
Dreamscape Cos.: The Rio
Margaret Elardi: Casino Royale
Ellis Family: Ellis Island Casino
Highgate & Cerberus Capital Management: Westin Las Vegas
Kenny Epstein: El Cortez
Tilman Fertitta: Golden Nugget
Fifth Street Gaming: Downtown Grand, Ojos Locos Sports Cantina
Michael Gaughan: South Point
Genting Group: Resorts World Las Vegas
Golden Entertainment: Arizona Charlie’s Boulder, Arizona Charlie’s Decatur, The Strat
Hard Rock International: The Mirage (soon to be Hard Rock Las Vegas)
Hotspur Resorts: Rampart Casino
JC Hospitality: Virgin Hotel Las Vegas
Alex Meruelo: Sahara
MGM Resorts International: Aria, Bellagio, Cosmopolitan of Las Vegas, Delano Las Vegas, Excalibur, Luxor, Mandalay Bay, MGM Grand, New York-New York, Park MGM, Vdara
Paragon Gaming: Oyo Hotel
Penn Entertainment: M Resort
Ed Roski: Silverton
Phil Ruffin: Circus Circus, Treasure Island, Trump International (co-owner)
San Manuel Band of Mission Indians: Palms Casino Resort
Station Casinos: Boulder Station, Green Valley Ranch, Palace Station, Red Rock Resort, Santa Fe Station, Sunset Station
Derek & Greg Stevens: Circa, The D, Golden Gate
Tamares Group: Plaza Hotel
Westgate Resorts: Westgate Las Vegas (operated by Paragon)
Wynn Resorts: Encore, Wynn Las Vegas