Casinos in tourist destinations like Macau, Honk Kong, Singapore and the United States attract thousands of tourists every year who try their luck in the casino world. It is said that casinos are one of the most profitable businesses. Some win, some loose but casinos always make money. Casinos for years have been the best way for gamblers to earn money. However, casinos are no longer just about gamblers betting huge amounts of money, it is also about the unforgettable experience.
Today casinos have become the lifestyle of the rich and famous. If you have money and want to indulge in some fun, than casinos built across Macau, Las Vegas and Singapore give you many opportunities to do so. The bets in these casinos can range from as low as few hundred dollars to as high as millions of dollars also in some high limit tables. In fact, there are some properties that qualify the player before allowing them entry based on their credit line, which could be $4-5 million, and in some places, the minimum bet is $100,000. However, if you do not know how to play casino games, do not worry. These high-end properties boast of some magnanimous retail space giving a shopping esplanade with the world’s most expensive labels that can help you in spending money.
The revenues from the casinos have always been on the rise in spite of recession hitting the world. This is pushing casino companies to build the most extravagant properties of the world. In today’s time, casino projects are the most expensive projects making companies spend billions of dollars on constructing a single property. Here are the top 10 most expensive casino properties in the world.
10. The Wynn Macau – $1.2 billion
At number 10 is this giant property built by U.S. casino magnate Steve Wynn. It boasts of more than 100,000 sq ft. of gaming space giving the gamblers ample opportunity to indulge into mighty spending. The casino has about 212 gambling tables and 375 slot machines. On top of that, if you like to spend money on shopping then the complex also boasts of a 54,000 sq ft shopping complex that has the most expensive labels of the globe like Bulgari, Cartier, Chanel, Christian Dior, Ferrari, Giorgio Armani, Gucci, Hugo boss and a few others.
9. The Bellagio, Las Vegas – $1.6 billion
Originally built by Steve Wynn of Wynn resorts, this property is now owned by MGM resorts. It was opened in 1998 and back then, it was the most expensive casino hotel ever built. The opening ceremony itself was reported to cost $88 million. It is still said to be poker’s home base due to high table limits in this casino. The bets can go up to $10,000 and the pots during some big games are reported to even cross $1 million range. However, the best part about this property is not just the casino but the dining experience which has been given AAA five diamond award 11 times.
8. The Venetian, Las Vegas – $1.7 billion
The Venetian hotel is one of the largest five diamond hotel and resort complex’s in the world having 4,049 suites and 4,059 hotel rooms. The casino is 120,000 sq ft and is owned by Las Vegas Sands Corporation. Moreover, it is also known to have the best hotel spa in the world.
7. City of Dreams, Macau – $2.1 billion
Popularly known as CoD, this property has 420,000 sq ft. of gambling space, which also makes it one of the most magnanimous casinos in the world. This huge gambling space offers 550 tables and 1,500 machines spread across more than 20 restaurants including one of the largest restaurants of the world. It also offers shopping retail space with high end retailers spread across 175,000 sq ft.
One thing that tourists might find hard to avoid is the dancing water show that features 80 performers and takes place in a special round theater and uses about 3.7 million gallons of water.
6. The Encore, Las Vegas – $2.3 billion
This property is again built by Wynn properties owned by Steve Wynn and is the sister property of The Wynn, Las Vegas. Both of these properties are adjacent to each other on the Las Vegas strip in Paradise, Nevada. They have collectively won the maximum numbers of Forbes five star awards in the world. The Casino is built across 50,000 sq ft that was opened to the public in December 2008.
5. The Venetian, Macau – $2.4 billion
The Venetian Macau owned by Las Vegas Sands Corporation is the largest single structure hotel in Asia spread across 10,500,000 sq ft. It boasts of the largest casino in the world offering 550,000 sq ft. of gaming space. The space is divided into four themed gaming areas namely; Golden fish, Imperial House, Red Dragon and Phoenix. This casino has over 800 gambling tables and 3,400 slot machines making it into the top five lists of most expensive casinos of the world.
4. The Wynn, Las Vegas – $ 2.7 billion
The Wynn located in Las Vegas is the flagship property of the Wynn properties owned by Steve Wynn. The property boasts of 110,000 sq ft. of casino space and a 223,000 sq ft. Convention center. The resort has earned AAA five diamond, Forbes five star, Mobil five star awards amongst many other recognitions. However, the stark attraction is the Ferrari-Maserati dealership that made it the first Vegas casino to have a Ferrari and Maserati dealership when it opened in 2005.
3. Resorts World Sentosa, Singapore – $5.7 billion
The third most expensive casino of the world is the property built by Genting in Singapore. This property is only opened in part until now but when fully opened, it will be spread across 121 hectares of land that will have two casinos. Moreover, it also has a Universal Studios theme park, and the world largest oceanarium. The first phase of this project was opened in January 2010 and the casino was opened in February 2010. Since its opening, it has already attracted more than 30 million visitors to the property in the first two years.
2. Marina Bay Sands, Singapore – $8 billion
This is the second most expensive casino property of the world. Originally, it was supposed to open in 2009 but due to rising costs and recession the property finally opened officially in 2011. This property is a part of Las Vegas Sands Corporation. It has the world’s largest atrium casino having 500 gambling tables and 2,500 slot machines. The main attraction of the property is the SkyPark on 57th floor spread across 340m that has a capacity of 3,900 people and boasts of a 150m infinity pool. It is almost like swimming on top of Singapore with the 360-degree view of Singapore from the top.
1. CityCenter, Las Vegas – $9 billion
Estimated to cost $4 billion to MGM resorts but, due to rising costs and design changes during the construction, it made CityCenter the most expensive casino property in the world. The property is adjacent to The Bellagio and is connected to it using a people mover system. It has more than 4,800 hotel rooms and 2400 condominium units. It is also the United States’ largest employer in the casino world having more than 12,000 employees. It has a casino space of 150,000 sq ft.