NEW YORK, Aug 27- Caesars Entertainment Corp on Thursday moved a step closer toward a possible trial with bondholders, as a Manhattan federal judge refused to hold the gaming company liable to help repay $7 billion of debt owed by its main operating unit. District Judge Shira Scheindlin rejected requests by bond trustees BOKF NA and UMB Bank NA that Caesars be...» Read More
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.
On Tuesday, Massachusetts voters will be deciding whether or not to move forward with casino gambling. CNBC's Jane Wells looks at the impact to New England and the big Vegas casinos.
CNBC's Jane Wells reports from Massachusetts, where Steve Wynn wants to spend $1.6 billion on a casino resort there.
Steve Wynn wants to spend $1.6 billion on a casino resort in Massachusetts. CNBC's Jane Wells has the story.
2013 World Series of Poker champion, Ryan Riess, reveals what stocks he is buying right now.
Sports betting is illegal according to the Federal law in all but 4 states. CNBC's Morgan Brennan provides an update on the debate over sports betting in New Jersey.
A U.S. district judge temporarily blocked a New Jersey racetrack's plans to legalize sports betting. CNBC's Morgan Brennan discusses what's next for New Jersey's struggling gambling industry.
Billionaire investor Carl Icahn on Friday urged Atlantic City's largest casino workers union to help save the Taj.
Edward Tracy, President and CEO of Sands China, believes that the casino operator's focus on mass-market gamers and non-gaming sectors bode well for its growth.