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Who is this year on the Fortune magazine’s 500 list?

May 15, 2009

Fortune magazine publishes every year a list of 500 national largest companies. The rankings are based on the annual income. This year 2 in Las Vegas based companies are on the list. We are talking about MGM Mirage and Harrah’s Entertainment Inc. These two companies are the only ones from Nevada on that list. In this year’s ranking, MGM Mirage is ranked No. 344 with 2008 incomes of $ 7.208 billion, last year the company was ranked No. 323. Harrah’s Entertainment was ranked on the 244th position and this year it is ranked No. 263 with 2008 incomes of $ 10.127 billion.

The company that reached No 1 on the Fortune magazine’s list is Exxon Mobil with an incredible income of $ 442 billion.
Marriot International was ranked first among hotel and casino companies in industry ranking with an income of $ 12.88 billion and Harrah’s and MGM Mirage were ranked respectively second and third.
But it wasn’t just a happy year for Harrah’s Entertainment, because beside the fact that it appeared on the Fortune Magazine’s top 500, it also appeared on the list of this year’s top 20 worst money losers. Its ranking was No 17 with a loss of $ 5.2 billion.
The number one on this list was the insurance company American International Group with a loss of $ 99.3 billion.

Written by Casino Best Bonus · Filed Under News 

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