{"id":309018,"date":"2024-02-01T14:55:10","date_gmt":"2024-02-01T20:55:10","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=309018"},"modified":"2024-02-03T12:21:14","modified_gmt":"2024-02-03T18:21:14","slug":"lvs-wynn-among-most-admired-companies-in-the-world","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/","title":{"rendered":"Sands, Wynn Among Fortune\u2019s Most Admired Companies"},"content":{"rendered":"

Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) again made appearances on Fortune\u2019s<\/em> World\u2019s Most Admired Companies list.<\/p>\n

\"Wynn
Wynn Palace in Macau. Wynn Resorts and Las Vegas Sands are among Fortune’s<\/em> most admired companies. (Image: Bloomberg<\/em>)<\/figcaption><\/figure>\n

The 2024 iteration of the rankings features 317 companies across various industries and sectors. The top 50 firms are ranked outright, while the remainder are listed alphabetically and ranked within their respective industries. Neither Sands nor Wynn appear in the top 50. Fortune\u2019s <\/em>10 most admired companies include Apple, Microsoft, Amazon, Warren Buffett\u2019s Berkshire Hathaway, Costco, and American Express.<\/p>\n

For Sands, the largest casino operator<\/a> by market capitalization, this year\u2019s appearance is the operator’s tenth on the Fortune <\/em>list. The company\u2019s capital, community, and environmental initiatives in Macau and Singapore are among the reasons for the latest appearance on the World\u2019s Most Admired Companies rankings.<\/p>\n

After exiting its Las Vegas operations in 2022, Sands has focused on reinvestment in Asia and development of new businesses and geographies. In 2023, the company reaffirmed its commitment to Macao with Sands China’s pledge to invest $3.75 billion in capital and operating projects through 2032 to support Macao’s stature as a global tourism destination,\u201d according to a statement. \u201cSands also is focused on continuing to propel Singapore’s growth in international tourism with a $1.75 billion reinvestment program currently underway at Marina Bay Sands.\u201d<\/p><\/blockquote>\n

Macau and Singapore currently represent Sands\u2019 only operating markets but are lucrative regions. For example, Marina Bay Sands in Singapore is rated<\/a> the world’s most valuable casino gaming brand.<\/p>\n

Wynn Impresses, Too<\/h2>\n

Wynn Resorts, which knows plenty about impressive rankings<\/a>, earned its spot on the Fortune<\/em> list, too.<\/p>\n

\u201cIt\u2019s gratifying to be included on the World\u2019s Most Admired list for a sixteenth consecutive year,\u201d said CEO Craig Billings in a statement. \u201cThe recognition in general, and the top ranking in quality in particular, are a tribute to thousands of people who work for Wynn Resorts globally that create our guest experiences every day.\u201d<\/p>\n

Sands and Wynn are two of 15 media and entertainment companies on the Fortune<\/em> list. The former placed fourth in the hotels, casinos, and resorts category, while Sands ranked seventh. Marriott International led that group.<\/strong><\/p>\n

\u201cIn addition to securing a top five spot in the Hotels, Casinos, and Resorts category, Wynn Resorts ranked in the top two for Innovation and also received high marks for Social Responsibility, People Management, Quality of Management, Financial Soundness, Long-Term Investment, and Global Competitiveness,\u201d added the operator.<\/p>\n

Sands, Wynn Stand Out<\/h2>\n

Overall, just seven hoteliers and casino operators made the World\u2019s Most Admired Companies cut, with LVS and Wynn being the only gaming companies.<\/p>\n

In the sector\/industry segment, large technology and communication services companies dominated the list, led by Apple for the 17th straight year. In conjunction with Korn Ferry, Fortune<\/em> polled 3,700 analysts, directors, and executives.<\/strong><\/p>\n

\u201cKorn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company\u2019s score must rank in the top half of its industry survey to be listed,\u201d according to the magazine.<\/p>\n","protected":false},"excerpt":{"rendered":"

Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) again made appearances on Fortune\u2019s World\u2019s Most Admired Companies list. The 2024 iteration of the rankings features 317 companies across various industries and sectors. The top 50 firms are ranked outright, while the remainder are listed alphabetically and ranked within their respective industries. Neither Sands […]<\/p>\n","protected":false},"author":46,"featured_media":231833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,33810,81886],"tags":[81913,81898,23],"acf":[],"yoast_head":"\nLVS, Wynn Among Most Admired Companies In The World<\/title>\n<meta name=\"description\" content=\"Sands, Wynn Among Fortune\u2019s Most Admired Companies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LVS, Wynn Among Most Admired Companies In The World\" \/>\n<meta property=\"og:description\" content=\"Sands, Wynn Among Fortune\u2019s Most Admired Companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-01T20:55:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-03T18:21:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/palace.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/\",\"url\":\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/\",\"name\":\"LVS, Wynn Among Most Admired Companies In The World\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/palace.jpg\",\"datePublished\":\"2024-02-01T20:55:10+00:00\",\"dateModified\":\"2024-02-03T18:21:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Sands, Wynn Among Fortune\u2019s Most Admired Companies.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/lvs-wynn-among-most-admired-companies-in-the-world\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/palace.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/palace.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Wynn Palace in Macau. 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