Insight GAMING’S BILLIONAIRES
Manuel Lao Hernandez Rank: No. 796 Wealth: $2.2bn Age: 69 Spain
Manuel Lao Hernandez founded Cirsa as a small gaming company in 1978 and over three decades, turned it into Spain's largest casino corporation. The company operates in nine countries in Latin America and Europe and grossed more than $2.5bn (€1.8bn) in revenues in 2013. Cirsa is 100 per cent owned by Hernandez. His three children all work in the family business.
Kazuo Okada Rank: No. 1270 Wealth: $1.35bn Age: 71 Japan
Kazuo Okada helped launch Wynn Resorts in 2000 with a $260m investment. Wynn seized Okada's 20 per cent stake in 2012 and gave him a $1.9bn promissory note. The case drags on, with breach of contract, fraud and other charges yet to be resolved. Mr. Okada is preparing to bid for two Japanese casino licenses and exploring opportunities in Korea and Philippines.
Hajime Satomi Rank: No. 1465 Wealth: $1.1bn Age: 72 Japan
Founder and chief of Sega Sammy, Hajime Satomi, returns to the billionaires list as the stock price of his pachinko machine and gaming software firm skyrocketted 40 per cet over the past year. Mr. Satomii has also been expanding into the resort business and promoting the opening of casinos in Japan to attract Asia tourists.
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David Chow Rank: No. 988 Wealth: $1.8bn Age: 64 Macau
David Chow, Macau Legend's co- chairman and its CEO, is a former Macau legislator, and holds top posts in numerous Macau business groups. His mother Lam Fong Ngo, who sits on Macau Legend's board, is also now a billionaire.
Denise Coates Rank: No. 1092 Wealth: $1.6bn Age: 46 UK
Denise Coates bought the domain
Bet365.com in 2000 and launched the website in March 2001 after being shunned by traditional venture capitalists. Today, Coates is joint CEO with her brother John and is by far the largest shareholder in the company with a 50.3 per cent stake. Sales hit $1.6bn last year at Bet365, which also owns British Premier League team Stoke City.
Frank Fertitta Rank: No. 1284 Wealth: $1.3bn Age: 52 US
Frank Fertitta and younger brother Lorenzo own Las Vegas-based Station Casinos, which emerged from bankruptcy in 2011. In April the brothers debuted the U.S.' first legal online gambling site,
ultimatepoker.com to capture a piece of the growing $4 billion online gambling market.
Chen Lip Keong Rank: No. 1356 Wealth: $1.25bn Age: 66 Malaysia
Chen Lip Keong's NagaCorp holds a monopoly on gambling in Phnom Penh, and its NagaWorld is the largest casino in Cambodia. Listed in Hong Kong in 2006, the stock is up on high margins and rising revenue. Naga2 is expected to open in 2015 with two hotels, restaurants, an entertainment and shopping. Plans to build a Vladivostok resort-casino to open in 2018.
Ina Chan Rank: No. 1565 Wealth: $1bn Age: 60 Hong Kong
Ina Chan, known as the "third wife" of gambling tycoon Stanley Ho, debuts on this year's list thanks to the IPO of casino and hotel business Macau Legend; she owns 13%. Also known as Chan Un Chan, she holds a small stake in STDM, Ho's key investment company for listed casino SJM. Her UNIR Group provides helicopter service in Hong Kong.
Lam Fong Ngo Rank: No. 1565 Wealth: $1bn Age: N/A Macau
Lam Fong Ngo is the vice chairman of Macau Legend, a casino and hotel operator that went public at the Hong Kong Exchange in 2013. She previously worked for Stanley Ho's Sociedade de Turismo e Diveroses de Macau. She holds a Medal of Cultural Merit from the Macau government and is an honorary citizen of Guangzhou. She is the mother of Macau Legend's CEO David Chow
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