If a single ticket wins, it will be worth $330.6 million in a lump-sum payment, before federal taxes. » Read More
Joseph Greff, JPMorgan, looks at MGM and whether casino stocks are worth betting on.
The Clarion Hotel and Casino just off of the Las Vegas strip collapses in a controlled demolition early this morning. The 202-room hotel opened in 1970, and has been known as the Debbie Reynolds, Greek Isles, Paddlewheel, Royal Americana and Royal Inn, and closed its doors to the public last year.
Xi Jinping warned Macau that it needs to be about more than baccarat. Now, the reform drive has new champions - the casino operators.
With the prospect of a recovery increasing, some analysts say now's the time to scoop up battered Macau casino plays.
A crackdown in corruption in China that has hushed the once frenzied Macau casino business took its toll on Wynn Resorts in the fourth quarter.
Matt Bekier, CEO of Echo Entertainment, says a robust international VIP business is the standout performer in the first-half and explains why the Australian casino firm is insulated from weak domestic consumer sentiment.
After months of being battered by China's anti-graft campaign, Macau's gaming revenues are seeing a period of stabilization, says Grant Govertson, principal analyst at Union Gaming.
Lawrence Ho, co-chairman & CEO of Melco Crown Entertainment and James Packer, co-chairman of Melco Crown Entertainment, discuss the firm's decision to open a billion dollar casino resort in Manila.
Atlantic City is engaging in another type of gamble: convincing investors to buy its junk-rated bonds.
The casino empire's executives assured analysts Wednesday that tales of Macau's demise are unfounded.
Singapore's casinos haven't lived up to the hype, but Marina Bay Sands results suggest those writing off growth may need to write it back in.
Michael Paladino, Senior Director of Gaming, Lodging & Leisure at Fitch Ratings, explains why the results of Singapore's Marina Bay Sands need to be "normalized for luck and tax benefits."
Jonathan Galaviz, Partner at Global Market Advisors, says Las Vegas Sands is doing a good job in controlling expenses and deploying strategies to counter anti-graft activities in Macau.
Caesars Entertainment put its largest unit into bankruptcy, reports CNBC's Morgan Brennan.
The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy on Thursday.
Macau casino operator Melco Crown's planned exit from the Hong Kong stock market sparked fears about the health of casinos operating in the world's largest gambling hub, but experts dismissed worries of a domino effect.
Macau's gambling revenue fell for the first time since casinos were liberalized in 2001, as Beijing's anti-graft campaign spooks wealthy players.
A campaign waged by casino owners has stalled efforts to allow more widespread wagering on laptops and smartphones across the U.S. The Financial Times reports.
CNBC's Jane Wells provides three predictions for the casino industry in 2015.
Rachael Rothman, Susquehanna Financial Group, provides her assessment of the restaurant, gaming and hotel industries for 2014, and what will work next year.