Question of the Day - 16 April 2023

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