Las Vegas Sands Corp (LVS) leads the rankings among four companies with interests in the Asia-Pacific casino gaming sector that appear in Forbes’ ‘24th Annual Global 2000’ list.
The four appear under the heading ‘Hotels, restaurants and leisure’.
The list, publicised in a Thursday press release, is described as a “definitive” ranking of the world’s largest public companies determined by sales, profits, assets, and market value, with all figures in U.S. dollars.
Forbes said it used the latest 12 months of financial data available to it as of May 15 this year to calculate the factors used in its ranking.
Las Vegas Sands – the U.S.-listed parent of Macau casino operator Sands China Ltd and Marina Bay Sands Pte Ltd, operator of the Marina Bay Sands casino resort in Singapore – is ranked 766 overall.
The group is calculated to have 41,500 employees, and revenue for the relevant period of US$13.74 billion, which makes it 1,022 in that sub-ranking. Profits-wise, it is ranked 645, with US$1.84 billion. For assets, it had US$21.18 billion, ranking it 1,578. Its market valuation was put at US$33.9 billion, ranking at 685.
MGM Resorts International, the U.S.-listed parent of Macau casino operator MGM China Holdings Ltd, is ranked 1,310 overall.
The group is calculated to have 78,000 employees, and revenue for the relevant period of US$17.71 billion, which makes it 795 in that sub-ranking. Profits-wise, it registered US$187.7 million, with no ranking given for the period of calculation. For assets, it had US$41.4 billion, ranking it 962. Its market valuation was put at US$9.46 billion, with no specific ranking assigned for the relevant period.
Galaxy Entertainment Group Ltd, a Hong Kong-listed Macau casino operator, is ranked overall at 1,436.
The firm is calculated to have 21,200 employees, and revenue for the relevant period of US$3.8 billion, with no position assigned for that sub-ranking. Profits-wise, it is ranked 853, with US$1.37 billion. For assets, it had US$12.83 billion, without mention of a ranking for the period. Its market valuation was put at US$18.5 billion, ranking it at 1,193.
Aristocrat Leisure Ltd, an Australia-listed specialist in casino slot machines and digital games, is ranked at 1,490 overall. The firm is calculated to have 7,400 employees, and revenue for the relevant period of US$4.16 billion, with no value assigned for that sub-ranking. Profits-wise, it is ranked 1,135, with US$973.5 million. For assets, it had US$6.61 billion, with no specific ranking assigned for the relevant period. Its market valuation was put at US$22.23 billion, ranking at 1,009.
For the fourth year in a row, America’s largest bank, JPMorgan Chase & Co, remained in first place in the Forbes’ ‘Global 2000’ list, while Amazon.com Inc climbed to second, followed by Berkshire Hathaway Inc, Alphabet Inc, and Saudi Aramco, which round out the top five.
This year’s list features companies with combined annual sales of US$56 trillion, profits of US$5.5 trillion, and assets of US$272 trillion.
Six of the top 10 companies have their headquarters in the United States, the nation that contributes most firms to the rankings, with 593 featured businesses. The U.S. is followed by Greater China with 340 companies, and Japan with 179.
