ATLANTIC CITY, N.J.— The head of New Jersey's state Senate says it's time to start a campaign to drum up support for two new casinos in the northern part of the state, near New York City. Steve Sweeney told the East Coast Gaming Congress and iGaming Institute that it won't be easy to get voters to approve the new casinos in a November referendum. Chris Christie says... » Read More
Seoul's foreigners-only casinos are targeting a new breed of 'low-roller' gamblers – Chinese shoppers.
Jonathan Galaviz, partner at Global Market Advisors, says the performance of Macau's casino industry is based on politics rather than economic analysis.
Macau casino stocks have sunk over the past year because of China's anti-graft crackdown, but some investors hold faith in long-term gambling demand.
Sky-high ticket prices and hotel room rates are starting to come down, though they remain inflated beyond anything Vegas has ever seen.
CNBC's Eunice Yoon sits down with Steve Wynn of Wynn Resorts, to discuss the state of Macau, growth in Las Vegas, and the public dispute over the removal of his ex-wife from the board.
Jackson Wong, associate director at United Simsen Securities, says Macau's gaming revenue will remain in a downtrend, but investors who are holding on to related stocks should wait it out.
Sharing the spotlight with other marquee sorting events, including boxing's biggest fight in years, have not hurt Kentucky Derby ticket prices.
Las Vegas Sands is taking a hit after weak earnings. Dr. J is a bull and would buy the stock on dips.
Michael Paladino, Real Estate & Leisure Team Head at Fitch Ratings, discusses the outlook for Macau's gaming sector and how new casinos in Southeast Asia are benefiting.
Jon Oh, CLSA, discusses casino concerns in Macau.
Wells Fargo is forecasting Macau's revenue will get hit harder in April than it previously expected. The "Fast Money" traders discuss their play on casino stocks.
As analyst sees greater than expected revenue declines in the near-term, and casino stocks are taking a hit. Harry Curtis, Nomura, discusses the move.
Punters and bookies alike are gearing up for the Grand National on Saturday, with bookmakers estimating some $731 million will be wagered in the U.K. on the day.
Marco Sala, IGT CEO discusses the deal that brought together the world's largest lottery systems with the world's biggest slot machine maker.
CNBC's Kate Rogers reports on what could be the final chapter of the bankrupt Atlantic City casino, The Revel.
John Bruce, director of Operations, Macau at Hill & Associates, says the mass market is holding up despite China's anti-graft drive and expects new properties opening later this year to be a boost for Macau.
Alex Bumazhny, director, Gaming, Lodging & Leisure at Fitch Ratings, says March's gambling revenue shows sequential improvements and expects projects rolling out later this year to stabilize the sector.
Jonathan Galaviz, partner of Global Market Advisors, says weakness will be the key theme for Macau's gaming industry over the next few quarters.
Here's 2 trades you may be missing, with the FMHR traders. Josh Brown's read on the weakness in the casino stocks, and Stephen Weiss would stay away from Caterpillar.
Las Vegas was hit hard by the recession, but things are looking up for the city's casinos, Caesars CEO Gary Loveman said to CNBC.