Business People Who Became Billionaires Thanks to The Casino Industry

Every year, Forbes publishes a list of the top richest people in the world, in which the top lines are occupied by financial tycoons and owners of IT giants. Rankings of billionaires in various professional fields are compiled separately.

The gambling industry is no exception. Owners of casinos and gambling companies have amassed their fortunes on entertainment and people’s cravings. This review will focus on business people who raised on low deposit Canada and other gambling establishments. So keep reading and be inspired.

Sheldon Adelson
• Age: 87 years old;
• Condition: $30.8 billion;
• Forbes rank: 28;
• Source of income: Las Vegas Sands casino operator.

American Sheldon Adelson has been at the top of Forbes list of the richest people in the gambling business for decades. The beginning of his casino business was in 1988 when Adelson and his partners bought the legendary The Sands Hotel & Casino in Las Vegas, which Frank Sinatra and the famous US band The Rat Pack loved to visit. The following year, Adelson and his partners built a new exhibition center, The Sands Expo Convention Center, which solidified Las Vegas position in the US exhibition industry.

Lui Che Woo
• Age: 91 years old;
• Condition: $19.4 billion;
• Forbes rank: 93;
• Source of wealth: Casino operator Galaxy Entertainment Group.

He is one of the wealthiest and most influential people in the world. His net worth is approximately two and a half-billion dollars, and his name is listed in the ranking of the most famous wealthy of the Forbes magazine.

For a long time, Louis Che Wu led not only an active entrepreneurial activity but also a public one. For example, the billionaire is also known as a generous philanthropist and participant in numerous events aimed at the widespread distribution of charity in Hong Kong.

Also, Louis Che Wu is a member of various educational institutions. For such an active and fruitful work, Louis was repeatedly awarded and even got the Outstanding Contribution Award, Citizen of Honor, and many others.

Johan Graf
• Age: 75;
• Condition: $7.1 billion;
• Forbes rank: 358;
• Source of income: production of Novomatic slot machines.

Johan Graf made his fortune in the production of slot machines but did not limit himself exclusively to the creation of slots. Now, Novomatic is a huge transnational holding that owns game development studios, machine factories, casino operators, and a network of gambling halls.

Denise Coates
• Age: 54;
• Condition: $12.5 billion;
• Forbes rank: 244;
• Source of wealth: Bet365 betting site.

Denise Coates is the founder and permanent head of the online bookmaker Bet365. She owns half of the shares of the largest bettor in Great Britain; the second part belongs to her brother John Coates. Denise and John had their own betting business, but the young people decided to develop in a new direction — in online betting.

Denise acquired the Bet365.com domain in 2000 and launched her own website a year later. At first, things were not going well, and Coates tried to develop a land-based network of bookmakers in parallel, but by 2005, she entirely focused on the Internet space.

Mark Sheinberg
• Age: 47 years old;
• Condition: $4.5 billion;
• Forbes 2019 rank: 424;
• Source of wealth: PokerStars poker room.

Mark Scheinberg is a member of the younger generation of millionaires and is the founder of the world-famous online casino PokerStars. The idea of ​​creating an online casino probably belonged to his father, and the son became his worthy partner. Scheinberg was fond of playing poker and decided to combine this passion of many people with Internet technology.

He made his fortune by selling a company he had created with his father. Despite the sale of the poker room, Sheinberg is still considered one of the wealthiest people in the gambling business. After the sale of PokerStars, the businessman focused on other areas, including real estate investment. In 2017, he began his work on a new large-scale project. For €225 million, the businessman acquired a 50% stake in the Centro Canalejas Madrid project.