Las Vegas times nearing end
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Asian and Online Casinos Prosper at the Expense of Las Vegas.

In the latest casino gambling news, we bring a story about world’s largest casinos. The Global Betting and Gaming Consultants published GBGC 50 Index, which is composed of top 50 largest gambling companies based on their stock market capitalization.

Taken together, the market value of these 50 gambling enterprises reached nearly $190 billion. According to the index, Las Vegas Sands is the most valuable casino entertainment company is the world. It is followed by Sands China, Wynn Macau, and Genting Singapore.

This ranking is showing that Asian gambling market is on the strong rise, about to de-crown the American market with its famous Las Vegas. In fact, Vegas barely grows, while Macau explodes. What is surprising is that the famous gambling establishment, MGM International, is ranked relatively low at no. 22 on the list.

The list also indicates that the sports betting bookmakers are well represented on the list. Paddy Power is ranked 16th, William Hill 23rd, Ladbrokers 26th, and Betfair 31st. In fact, these companies have taken advantage of online and Mobile sportsbooks betting.

These trends clearly show that the Internet and mobile casino gambling is growing in strength. Only those who adopt well to the new technology will continue to prosper. Long gone are the days where land-based casinos could live from gambling revenue at their physical outlets.

Now, many players, equipped with the latest mobile technology, can participate in such marvels as Android blackjack or poker. If land-based casinos lose players, the impact will be double, since no money will be spend at their resorts. Supplementing income with online gambling revenues is a must for most.