Crown Limited Verse Las Vegas Sands Corporation

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Category: Business and Industry

Date Submitted: 10/17/2013 02:19 AM

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Background of Crown Limited

Crown Limited is the largest entertainment group in Australian belonging to travel and leisure industry, initially founded in 1994 and listed on the Australian Stock Exchange (ASX) in 2007. Crown offers a limited range of services include gaming, entertainment, dining, hotels, shopping and events. Crown limited mainly invested in Australia like Melbourne and Perth. Since July 2011, the company’s gaming interest are diversified beyond Australia into Macau. They hold a significant interest in Melco Crown Entertainment Limited, also acquired 60 percent interest in Macau Studio City. In 2012, the company has more than 14,437 employees and achieved revenue about AUD 2.77 billion. Currently, the major competitors of Crown Limited include Tatts Group Limited and Incitec Pivot Limited.

Background of Las Vegas Sands Corporation

Las Vegas Sands Corporation is one of the biggest companies in travel and leisure industry in the USA, initially founded in 1988 and listed on the New York Stock Exchange in 2004 (NYSE). The principle activities of this company include gaming, entertainment, dining, hotels, shopping and events. Las Vegas Sands Corporation operates their business in Asia area and the USA. Their integrated resorts have gone on to become premier destinations for travel enthusiasts around the world, providing guests with a luxurious atmosphere and a dynamic resort experience with each and every visit. In 2010, they build Marina Bay Sands in Singapore and in 2012 they have a new resort in Macau called Sands Cotai Cental (Reference). By the end of 2012, the company has over 46000 employees and achieved revenue about USD 11.3 billion. Currently, the main competitors of Las Vegas Sands Corporation in the USA are MGM Resorts International and Marriott International, Inc.

Data choose

When company compare their profibility with the whole industry, we random choose 10 samples from travel and leisure segment, and collect ROE and ROI...