UNCASVILLE, Conn.— A spike in slot machine and table game use and cost-cutting helped significantly boost third-quarter profit at the Mohegan Sun casinos in Connecticut and Pennsylvania, the parent company reported Wednesday. Slot machine revenue of $142.2 million at the Mohegan Sun in Connecticut was up about 3 percent from the third quarter of 2014. Table...» Read More
Dan Bilzerian, the "King of Instagram," was released from jail on Wednesday after being detained at LAX.
Dan Bilzerian, the "King of Instagram," was arrested at LAX on Tuesday and is being held without bail, according to LA Weekly.
South Korea looks like the consolation prize as Japan's $15 billion casino dream fades.
Wynn Resorts is under investigation for potential money-laundering law violations, according to a new report from Dow Jones.
Dow Jones is reporting that Wynn Resorts is being investigated by the U.S. Attorney's office, the IRS and the DEA for possible money laundering. Insight into the investigation, with CNBC's Jane Wells.
CNBC's Hampton Pearson reports the Federal Reserve is announcing two separate actions looking at its bank examination program.
NBC Sports' Dave Briggs, and Patrick Rishe, Sportsimpacts founder, discuss the likelihood of getting Federal legislation on sports gambling and the push to legalize pro sports betting.
The battle over sports gambling is heading to the courts, reports CNBC's Morgan Brennan.
Caesars Entertainment proposed a restructure plan that would the debt of its largest unit into a real estate investment trust.
The Trump Taj Mahal will be the fifth casino in Atlantic City to close this year. CNBC's Morgan Brennan reports the current tally for lost positions by year-end is 11,000.
NBC Sports' Dave Briggs, discusses whether sports betting should be legalized in the U.S.
The 45th Annual World Series of Poker finished this week in Las Vegas. 26-Year old Swedish professional and 2014 WSOP Champion Martin Jacobson, speaks to Scott Wapner, about the moment he won.
Somesh Agarwal, Senior Analyst at Macquarie, outlines the factors that are weighing on casino operator Genting Singapore's third quarter scorecard.
Japanese lawmakers are set to indefinitely postpone legalizing casinos as PM Shinzo Abe lacks the political leverage to pass a bill this year.
Hopes abound that mom-and-pop gamblers will sweep into Macau and save the day, but it isn't clear they can replace the VIPs who are staying away.
John Bruce, Director of Operations at Hill & Associates, discusses the more than 20 percent drop in Macau's gross gaming revenue for October.
Jonathan Galaviz, Partners at Global Market Advisors, describes how gaming firms can resolve the issue of falling revenue and explains why regulatory clampdown will benefit Macau in the long run.
Voters in Massachusetts decide Tuesday whether to repeal a law allowing casinos there, after companies like Wynn and MGM have already invested millions. Jane Wells takes a look at potential winners and losers.
Adrian Mowat, Managing Director, Chief Asian and Emerging Market Equity Strategist at JP Morgan, outlines the factors weighing on the revenues of Macau's gaming operators.
October is set to be the worst month on record for casino revenues in Macau as a result of China's war on corruption and slowing economic growth.