Gambling Tycoons That Walk Home Pockets Full in 2017

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Published on:
Dec/27/2017

Do You Know The Gambling Tycoons That Walk Home Pockets Full in 2017?  All that many people expect to happen. Others do not see their teams win. Those people who place money on some high-end bets win. Others walk home empty-handed. That is what the casino industry looks like in 2017.

In general, it is hard to tell from a distance how people fair. But it is easy to tell especially when you are dealing with specific sectors. US Casinos at USSlotCasino.com know what is good and bad. They know when the deal is sour and when it soars up. That is what happens in 2017. This is one of the years that operators face challenges. It forces them to make tough decisions. In the end, there are those who win. But at the same time, there are those who fail. They are on the way home with only as few coins in the pocket. As they do this, there are those that go home smiling. They await 2018 with lots of hopes. The industry’s notables take various risks. The aim is that they at least stay afloat. This pays off. Many of them are now enjoying the fruits of their hard labor.

Nonetheless, they spend a fortune. Their competitors are not ready to follow the same path. That makes the difference between these two groups. Now it is evident. One group is going home happy. The other group is sad. One of the big names in the industry that hit up in 2017 is Las Vegas Sands’ boss. Sheldon Adelson is receiving a huge raise. Although his name is up here, there is something he doesn’t do in 2017. This is something not many people expect. He pulls off the Las Vegas stadium. But there are other top names in the gaming industry. These are what the world calls gaming billionaires. They are among the elite, a few guys with big money. A closer look at some of these gaming operators will reveal a lot. First, we start with the Las Vegas Sands CEO. Adelson is a rich man. Many people believe that this gaming tycoon has a lot of wealth. But who knows more than Bloomberg? The index says that the LVS CEO has $32.6 billion! Click here to read news about Sheldon Adelson.

What boosts his assets? It is now a reality that the tycoon’s salary raises from $1 million to $5 million per year. There are other bonuses here and there. Together, the total comes to $17 million per year.

Many people believe that if he goes on to a multi-million project, he is richer. But along the way, he drops the bid to bring Oakland Raiders to Las Vegas.

The other guy is Steve Wynn. This guy receives some $12.5 million in January. But after getting the package, he sells off some $5.2 million worth of shares. This evidently leaves him with some cold cash to spend around. James Murren is another name. The MGM Resorts CEO receives $2 million. But his bonuses and other perks shoot by 25 percent. While this is happening, remember that there are lawsuits on the way. More than 450 victims are likely to go to court against MGM Resorts. That is 2017 pay rise among tycoons in the casino gambling industry. There are those who took a different turn. Caesars’ Mark Frissora is a good example. He takes a pay cut.

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