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Travel Casinos and Gaming

  • Wooing Chinese consumers with Michelin stars

    Lawrence Ho, CEO of Melco Crown Entertainment, talks about the tastes of Chinese consumers and how Macau needs to stay ahead of the game.

  • Gaming making recovery in Macau: Melco Crown CEO

    Lawrence Ho, CEO of Melco Crown Entertainment, talks about how customers are coming back more frequently after the lull early last year.

  • Okada Manila will be 'all about entertainment'

    Kazuo Okada, chairman of Universal Entertainment, talks about how the resort will stand out among competitors in the Philippines.

  • Will it be 'famine to feast' for MGM Resorts?

    Christopher Jones of The Buckingham Research Group looks at the company's performance in the Las Vegas and Macau markets.

  • Vehicles drive past the New York-New York Hotel & Casino, left, and MGM Resorts International Grand Hotel & Casino in Las Vegas, Nevada.

    Las Vegas casino giant MGM Resorts saw its stock plummet 9 percent after fourth-quarter results fell short of analysts' estimates.

  • CENTRAL, Hong Kong _ Melco Crown Entertainment Ltd. on Thursday reported fourth-quarter net income of $43.3 million, after reporting a loss in the same period a year earlier. The Central, Hong Kong- based company said it had net income of 9 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per...

  • Turnaround for Australia's Star Entertainment

    Matt Bekier, CEO at The Star Entertainment, says tourists from Asia giving revenues a boost.

  • LAS VEGAS _ Boyd Gaming Corp. on Tuesday reported fourth-quarter net income of $12.2 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Five analysts surveyed by Zacks expected $560.4 million.

  • LAS VEGAS _ Caesars Entertainment Corp. on Tuesday reported a loss of $541 million in its fourth quarter. On a per-share basis, the Las Vegas- based company said it had a loss of $3.68. For the year, the company reported a loss of $3.57 billion, or $24.41 per share, swinging to a loss in the period.

  • ATLANTIC CITY, N.J.— Atlantic City's casinos are off to a good start in 2017, with their January gambling revenue up 7.7 percent from a year ago. Figures released Tuesday by the state Division of Gaming Enforcement show the seven casinos took $204.6 million from gamblers in January. The storm "effectively wiped out a full weekend last year" and "is one of the big...

  • SCHENECTADY, N.Y.— Another casino has opened in upstate New York, and residents hope it jump-starts a long-awaited revitalization of a community where manufacturing once reigned. Andrew Cuomo joined other state officials and local leaders Wednesday at the grand opening of the new Rivers Casino and Resort in Schenectady. John Bonacic, an Orange County...

  • ATLANTIC CITY, N.J.— A New Jersey legislator is pushing for a change to the state's gambling laws that would enable the owner of the former Revel casino to reopen it without getting a casino license. Raymond Lesniak would allow Glenn Straub to lease a portion of Revel to an outside company that would operate a casino after getting a license. The Casino Control...

  • A sign marks the Trump Taj Mahal Hotel and Casino in Atlantic City, New Jersey.

    Carl Icahn said he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, likely bringing an end to his troubled relationship with the city.

  • NEW YORK, Feb 6- Billionaire activist investor Carl Icahn said on Monday he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, New Jersey, likely bringing an end to his troubled relationship with the city. That legislation was vetoed on Monday by New Jersey Governor Chris Christie, a Republican, who called it a "transparent attempt to punish the...

  • ATLANTIC CITY, N.J.— Billionaire investor Carl Icahn says he will try to sell the former Trump Taj Mahal casino in Atlantic City, blaming a failed bill by the leader of New Jersey's state senate as the last straw. He said his mind was made up by a bill written by Senate president Steve Sweeney that would have punished Icahn for closing the Taj by stripping him of a...

  • HONG KONG, Feb 2- Hong Kong stocks fell on Thursday, with property stocks leading the slide, as investors continued to lock in gains after the U.S. While strong economic data from the United States and elsewhere underpinned risk assets, uncertainty and concerns over U.S. Macau gaming stocks remained weak after the world's biggest casino hub posted a...

  • SAN FRANCISCO, Jan 31- Slack Technologies Inc, a Silicon Valley messaging and collaboration software company, is making a strong push to expand its business by selling technology to some of the largest corporations in the country. The technology also integrates with a wide variety of business software- such as Salesforce.com Inc and Skype- so employees can do...

  • TOKYO, Jan 27- Global casino operators are stepping up their efforts to woo local partners and venue hosts in Japan, even though it may be a year before lawmakers lay out the ground rules for what could be the world's second-biggest casino market. Just weeks after Japan legalised casinos, major operators from MGM Resorts to Hard Rock Cafe International are...

  • HANOI, Jan 20- Vietnamese will be allowed to gamble in approved casinos and under certain conditions, in a three-year pilot project announced by the government on Friday. People over 21 years old with a regular monthly income of at least 10 million dong will be allowed to use the casinos, the government said in a decree that will come into effect on March 15..

  • Jan 19- Las Vegas Sands Corp agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by making payments to a consultant to help it do business in China and Macau. The resolution of the Foreign Corrupt Practices Act case follows Las Vegas Sands' related $9 million civil settlement...