Las Vegas Sands, MGM Resorts and Wynn Resorts were the three gaming operators to make it to Fortune magazine’s list of the “World’s Most Admired Companies” for 2020.
LVS 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 our communities with the destruction caused by Typhoon Hato in Macau and the horrific mass shooting in Las Vegas,” Sands founder and CEO Sheldon Adelson said in a press release. “Through it all, our dedicated team members… rose to the occasion for our communities as part of Sands Cares’ response in the face of these terrible events. They are the reason we are again joining this prestigious list of global leaders,” the casino tycoon concluded.
The rankings were based on a grading criteria including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness.
Fortune partnered with Korn Ferry, a management consulting firm based in Los Angeles, to survey 3,770 executives, directors, and securities analysts to provide a score of 1 (excellent) to 10 (poor) in each of the key attributes. Only companies with revenue of $10 billion or more qualify.
To make the list, a company must score in the top half of its industry. A total of 331 companies were deemed the most admirable. Apple topped the list with an average score of 8.19.
