Although Las Vegas was once run by organized crime, that's no longer the case. Now, you can cash in on the Las Vegas lifestyle and entertainment by investing in these publicly trade companies that are currently operating the Las Vegas strip. Let's dive in!
Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. Red Rock Resorts operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV.
Caesars Entertainment, Inc. operates as a casino-entertainment company in the United States. The company operates resorts primarily under the Caesars, Harrah's, Horseshoe, and Eldorado brand names. It offers various amenities and one-of-a-kind destinations; and gaming services. The company was founded in 1937 and is based in Nevada.
Las Vegas' slogan, "What happens in Vegas, stays in Vegas," doesn't apply to your winnings in its many casinos. Wynn Resorts Ltd. manages the Wynn Las Vegas and Encore resort, which offers the excitement of playing casino games and hotel suites to rest in at the end of the night. Headquartered in Las Vegas, Wynn Resorts was founded in June 2002 by the iconic Steve Wynn. The casinos feature table games, slot machines and a poker room. The resort also offers amenities such as entertainment venues, casual and fine dining restaurants, premium retail stores, spas and salons. The Las Vegas resort has two hotel towers, the Wynn and Encore, with more than 4,700 rooms, suites and villas, as well as 186,000 square feet of casino space, an 18-hole golf course, nightclubs and a beach club. Wynn Resorts also has a segment in Macau, China, that operates the Wynn Macau and Encore, a resort with two hotel towers that consist of more than 1,000 rooms and suites, 284,000 square feet of casino space, two health clubs and spas and a pool. The Macau segment also operates the Wynn Palace resort, which includes 420,000 square feet of casino space, 1,706 guest rooms and 10 food and beverage outlets. Investors are keeping an eye on economic conditions and government regulations on gaming in Macau. Investors are also watching the company's new developments, such as the planned Wynn Boston Harbor resort in Boston, which is expected to open in 2019.
Las Vegas Sands Corp. engages in the development of destination properties. Its properties feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants, and other amenities. It operates through the following geographic segments: Macao, Singapore, and United States. The Macao segment handles the operations of The Venetian Macao; Sands Cotai Central; The Parisian Macao; The Plaza Macao and Four Seasons Hotel Macao; and Sands Macao. The Singapore segment includes the Marina Bay Sands. The United States segment consists of Las Vegas Operating Properties and Sands Bethlehem. The company was founded by Sheldon Adelson in August 2004 and is headquartered in Las Vegas, NV.
Scientific Games Corp. engages in the development of technology-based products and services and associated content. The Scientific Games Corporation company was founded on July 2, 1984 and is headquartered in Las Vegas, NV. It operates through the following business segments: Gaming, Lottery, and SciPlay and Digital. The Gaming segment designs, develops, manufactures, markets, and distributes a comprehensive portfolio of gaming products and services. The Lottery segment comprises of system-based services and product sales business, and instant games business. The SciPlay segment developes and publishes digital games on mobile and web platforms. The Digital Segment provides a comprehensive suite of digital gaming and sports wagering solutions and services, including digital RMG and sports wagering solutions, distribution platforms, content, products and services.
MGM Resorts International operates numerous casino resorts in the U.S. and China, offering gaming, hotel accommodations, dining, entertainment, retail and other amenities. The company's primary business is in Las Vegas, where it owns several well-known casinos and hotels, including the Bellagio, MGM Grand, Mandalay Bay, The Mirage and Luxor. Outside of Las Vegas, the company operates casinos and resorts in Michigan, New Jersey, Illinois, Mississippi, Maryland and Reno, Nevada. The company is also developing a casino resort in Massachusetts. MGM Resorts International has a stake in the MGM Macau and MGM Grand Sanya, two casino resorts in China. The company also has plans for a resort in Cotai, China. Founded in 1986, MGM Resorts International is headquartered in Las Vegas.
Boyd Gaming Corp. engages in the management and operation of gaming and entertainment properties. It operates through the following segments: Las Vegas Locals, Downtown Las Vegas; and Midwest and South. The Las Vegas Locals segment consists of casinons that serve the resident population of the Las Vegas metropolitan area. The Downtown Las Vegas segment comprises of the following casinos: California Hotel and Casino, Fremont Hotel and Casino, and Main Street Station Casino, Brewery and Hotel. The Midwest &and South segment operates land-based casinos, dockside riverboat casinos, racinos, and barge-based casinos in the Midwest and southern United States. Its portfolio includes hotels, casino, breweries, resorts, and spa. The Boyd Gaming Corporation was founded by William Samuel Boyd and Sam Boyd on January 1, 1975 and is headquartered in Las Vegas, NV.
There you have it. These are the public trade companies that are currently operating the Las Vegas strip. Interested in getting involved and profiting off of the Las Vegas strip? Be sure to check out the public stocks included in this list.