Casino ownership is more concentrated than the branding suggests, and it is moving quickly. Everything below was written in August 2026, and the MGM and Caesars lines were brought up to date on 30 October 2026; the note at the end says what it was written from.
| Operator | Where | Status |
|---|---|---|
| MGM Resorts International | Las Vegas, Macau | People Inc.'s take-private proposal withdrawn, 23 September 2026 |
| Caesars Entertainment | Las Vegas, Atlantic City | Agreed to be acquired by Fertitta Entertainment, about $17.6bn; awaiting regulators |
| Las Vegas Sands | Macau, Singapore | No Las Vegas property since February 2022 |
| Wynn Resorts | Las Vegas, Macau | Building the Middle East's first casino, opening September 2027 |
| Genting | Las Vegas, Singapore | Singapore licence review due February 2027 |
| The Macau six | Macau | Six concessions, closed since 2022 |
Three things worth knowing
Both Las Vegas giants became takeover targets. People Inc., already MGM's largest shareholder, withdrew its $48.30-a-share proposal on 23 September 2026, so MGM stays listed. Caesars agreed in May to be acquired by Fertitta Entertainment for about $17.6 billion, and its stockholders approved the deal on 22 September 2026; regulators still have to approve it.
Las Vegas Sands owns nothing in Las Vegas. It sold The Venetian, The Palazzo and the Venetian Expo for $6.25 billion in February 2022 and moved the business to Macau and Singapore. Our Sands page covers what it actually operates, which most guides still get wrong.
The first Middle Eastern casino opens in 2027. Wynn is building a $5.1 billion resort on Al Marjan Island in Ras Al Khaimah, opening September 2027 under the first commercial gaming licence the UAE has issued.
Why this matters to a player, and where it does not
Ownership decides comps, loyalty programmes and which properties your play is recorded across. It does not decide the mathematics. A craps pass line costs 1.41% under every logo, and the things that change what you pay are rules printed on the felt.
Our games section computes the house edge for every game we cover, and our comp and theoretical loss entries explain the calculation behind every offer you receive.
Frequently Asked Questions
- Is MGM being sold?
- No. People Inc., formerly IAC and already MGM's largest shareholder, withdrew its take-private proposal of $48.30 a share on 23 September 2026. It says it remains open to a strategic transaction.
- Is Caesars being sold?
- It has agreed to be. Caesars signed a merger agreement with Fertitta Entertainment on 27 May 2026, $31.00 a share in cash or about $17.6 billion including debt, and its stockholders approved it on 22 September 2026. Regulators still have to approve it.
- Does Las Vegas Sands still own the Venetian?
- No. It sold The Venetian Resort to Apollo and VICI for $6.25 billion in February 2022 and now operates only in Macau and Singapore.
- Who holds casino licences in Macau?
- Six concessionaires: Galaxy, Melco, MGM China, Sands China, SJM and Wynn Macau. The structure has been closed since 2022.
- Where will the first casino in the Middle East be?
- Wynn Al Marjan Island in Ras Al Khaimah, UAE, opening September 2027.
Corrected on 30 October 2026: this page described both Las Vegas deals as proposals. People Inc. withdrew its MGM proposal on 23 September 2026 (its Schedule 13D amendment, SEC, 24 September), and Caesars signed a merger agreement on 27 May 2026 that its stockholders approved on 22 September (Caesars, Form 8-K filings).
Sources and checks. Written in August 2026 from the operators' own sites. Checked against primary sources: on 30 October 2026, People Inc.'s proposal ($48.30 a share, 1 June 2026), its withdrawal (23 September 2026) and its stake (26.5%), against People Inc., Schedule 13D amendments (SEC, 1 June and 24 September 2026); the merger agreement with Fertitta Entertainment (27 May 2026, $31.00 a share, about $17.6 billion with debt), the stockholder vote (22 September 2026) and the FTC's request for more information (14 September 2026), against Caesars, Form 8-K filings of 28 May, 17 and 23 September 2026 and third-quarter results of 27 October 2026. Where a deal is agreed or proposed rather than completed, the page says so. Corporate structures change; the official links above are the authority.