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Become a casino login owner. What's up with that?

How do you become a casino owner?

It is of course generally known that as a player you can win nice amounts in the casino login by gambling. Of course you are not the only one who benefits from it. The casino login will always make money from you in the long run. There are all kinds of clever ways for this in the games you play, so that the house always wins slightly more often than the player himself. That way, the casino login can earn very nice amounts on an annual basis. You as a player have to rely on luck and timing to save a nice pocket money on a nice night out.

Who is the big boss?

So what about the people who work in the casino login and get a nice salary? There are, of course, conceivable scenarios where the winnings go to other parties who have invested in the casino login and can thus claim their share. Or in the case of the Holland casino login, the profit goes directly to the government. What if you are the owner of the casino login and are responsible for the majority of the business operations and are therefore also entitled to the largest salary? 

In this article we discuss well-known casino login owners and what their activities are. Which things do you have to arrange for your casino login and how well does it actually earn? Read on here to find out what is involved in this company. 

Well-known casino login owners

There are different people all over the world, in this context ultimately all men, who have mastered the trick of the casino login world. The successes that have been achieved in the gambling industry are super impressive and most of them are still active in the business. This often concerns major shareholders in casino login chains or people who have founded their own brand and expanded it into a large empire.

Johann Graf

You can see this gentleman as the founder of the entire European gambling industry. He is, among other things, the owner of the company Novomatic and makes slot machines for casino logins. Novomatic cabinets are active in more than eighty countries worldwide and have certainly done him no harm, we can tell you. Graf's total net worth today is estimated at a cool $ 7.2 billion! There is a good chance that you as a casino login lover have already played in real life on one of his slots in the casino login.!

Lazy Che-Woo

Mr. Che-Woo is none other than the founder of the Galaxy Entertainment Group. This group owns the four largest casino logins in Macau. When it comes to turnover, his Galaxy Macau casino login has the largest turnover in the world! The casino login is more like an entire hotel as there are over 2,200 rooms and 50 restaurants. The gambling table floor has more than 450 tables and there is even an, yes you read that right, an indoor beach. Now for the number that everyone is curious about, Lui Che-Woo's net worth is estimated at a minimum of 22.1 billion dollars. In other words, a staggering amount!

Sheldon Adelson

Number 1 on this list is Sheldon Adelson, the owner of the Las Vegas Sands corporation. This is the parent company of the Marina Bay Sands in Singapore. In addition to his casino login businesses, he also owns two newspapers. All his projects together have in any case delivered him an estimated net worth of more than 40 billion. Definitely not a nauseous amount!

Trump and his casino login adventures

The until recently president of the United States actually no longer needs any kind of introduction. Donald J. Trump, The Donald. Perhaps one of the most outstanding personalities ever to set foot on the world political stage. He has provided us with many remarkable moments and bizarre deals over the past four years. Trump taught himself his way of doing business in his younger years as an entrepreneur.

casino owners

Run up to the casino login empire

Trump was already busy with great things before his presidency. In particular, he achieved enormous successes in his career as an investor. With his billions of capital he set up several companies and also, as in theme, casino logins. The rise and fall of Trump's casino logins deserve a book in itself, but we'll run you through the story briefly here. That way you can at least see how it should not be done!

Atlantic City

Trump has built several casino logins in the beautiful coastal city of Atlantic City. These were set up or bought with the promise of providing the city with new jobs and, ultimately, many more tourists. One of the buildings was a project of no less than 1 billion dollars, namely the Taj Mahal casino login. Ultimately, the casino logins would run for a good number of years and initially there were good visitor numbers. This was a good thing because investors, including small investors with their hard-earned savings, had invested heavily in Trump's businesses..

Fast downhill

At some point it became clear that the companies were nowhere near enough sales on the floors to cover all costs. On top of that, Trump also got away with transferring private debts to the balance sheets of the companies that ran the casino logins under his name. The New York Times got wind of the bad business practices surrounding Trump's casino logins through anonymous tips and opened an investigation. Eventually, official documents surfaced that did not paint a rosy picture for Trump in the lawsuits that followed.

Declared bankrupt

After it became really clear that Trump had led his casino login empire into a downward spiral by himself, the chains went into bankruptcy shortly thereafter. The once so large and vibrant buildings became vacant and the furniture was even sold on open days for an interested public. Thousands of people eventually lost their jobs, and in the meantime, Trump had been allowed to reward himself with a hefty salary for all these years and no consequences for his lax actions. A big downer, therefore, all in all his casino login adventure!

Conclusion

As we have seen, becoming a casino login owner is not something you just do. These are huge sums of money that you must own, usually coming from previous investments or a company dealing with business in the gambling industry. That way, big names in the gambling world buy into well-known casino logins or establish their own empires. For the normal man, it remains especially now daydreaming and we can only fantasize about what it would feel like to be the boss of your own casino login. After all, there's nothing wrong with a little dreaming!

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