Casino Operator Scores<\/strong><\/p>\nAttribute:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Sands\u00a0 \u00a0 \u00a0 \u00a0MGM\u00a0 \u00a0 \u00a0 \u00a0Wynn<\/p>\n
Innovation\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a06\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a05<\/p>\n
People Management\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 6\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a04<\/p>\n
Use Corp. Assets\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a04\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 6\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a08<\/p>\n
Social Responsibility\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 5\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a06<\/p>\n
Quality of Mgmt.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a05\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 8<\/p>\n
Financial Soundness\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 8\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 5<\/p>\n
Long-Term Inv. Value\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a06\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a05<\/p>\n
Quality of Product\/Service\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 5\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 6\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 1<\/p>\n
Global Competitiveness\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a04\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a06\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 5<\/p>\n
Sands’ overall score was 6.32. MGM came in at 6.05, narrowly edging Wynn at 6.04.<\/p>\n
The most unsurprising number is perhaps Wynn’s low quality of management result. The casino company has been reeling since January 2018 when reports surfaced regarding Steve Wynn’s alleged sexual misconduct. His successor, Matt Maddox, was fined $500,000 by the Massachusetts Gaming Commission for “his clear failure to require an investigation about a specific spa employee complaint brought to his attention.”<\/p>\n
Japan Impact<\/b><\/h2>\n
All three of the admirable casino operators plan to bid for one of the three integrated resort licenses in Japan<\/a>. Their inclusion on the Fortune <\/i>list will only help their odds of winning.<\/p>\nJapan’s casino law requires that interested gaming companies have experience harmonizing into the areas in which they operate. Sands, MGM, and Wynn, which all conduct business in Las Vegas and Macau, have been good community stewards.<\/strong><\/p>\nThe casino operators routinely give back, and that was certainly the case in 2017 following the October mass shooting on the Strip. The Las Vegas Victims’ Fund, set up and primarily funded by Nevada’s casino companies, raised $31.4 million to be distributed to the victims.\u00a0 \u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Nevada casino giants Las Vegas Sands, MGM Resorts, and Wynn Resorts have all secured a spot on Fortune magazine’s list of the “World’s Most Admired Companies.” Sands ranked No. 4 in the Hotels, Casinos, and Resorts category. MGM placed No. 5, and Wynn No. 6. Marriott International topped the category. We’ve faced immense challenges in […]<\/p>\n","protected":false},"author":25,"featured_media":125049,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,62],"tags":[],"acf":[],"yoast_head":"\n
Las Vegas Sands, MGM, Wynn Make Most Admired Companies List<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n