Eric Fisher, reporter for the Sports Business Journal, talks about fantasy sports games operators Draft Kings and Fan Duel which have been suspended from operating in New York.» Read More
MACAU, Oct 27- Batman and Wonder Woman are just some of the superheroes casino operator Melco Crown Entertainment Ltd is deploying at its new $3.2 billion casino in Macau, which opens on Tuesday in the midst of a sharp downturn for the Asian gambling playground. Mariah Carey will headline a star-studded opening ceremony for the Hollywood- themed Studio City...
Lawrence Ho, CEO of Melco Crown Entertainment, explains why he's opened a third casino resort in Macau, where the gaming market has weakened.
CHICAGO, Oct 26- When a bankrupt operating unit of Caesars Entertainment went on the market earlier this month, the package consisted of 38 casinos, including the iconic Caesars Palace Las Vegas. Potential bidders for CEOC, a casino-operating unit of Caesars Entertainment would be wading into the middle of a costly and complicated bankruptcy, and they note that...
The "Fast Money" traders reveal what's on their watch list ahead of a new batch of tech earnings.
The Nevada Gaming Control Board put the kibosh on daily fantasy sports sites in the state, but that could backfire, reports CNBC's Eric Chemi.
The resort magnate says he likes doing business in China much better than doing business in the U.S.
CNBC's Jane Wells covers Wynn's ongoing, and unexpected, troubles in China as earnings disappoint.
The Nevada Gaming Control Board ruled daily fantasy sports sites are forms of gambling and can no longer operate in the state. Chris Grove, Narus Advisors partner, provides perspective.
Gambling haven Nevada has cracked down on daily fantasy sports, and experts say it could be a tipping point for more legal threats.
*Grainger, Honeywell fall after results. *Youku Tudou rises after buyout offer from Alibaba. Oct 16- U.S. stocks drifted higher after better-than-expected consumer sentiment data and as investors assessed mixed earnings from industrial heavyweights GE and Honeywell.
The Nevada Gaming Control Board ruled daily fantasy sports sites are forms of gambling and can no longer operate in the state. Drew Rosenhaus, Rosenhaus Sports CEO, says fantasy is here to stay, and it's good for the NFL.
The Nevada Gaming Control Board ruled daily fantasy sports sites are forms of gambling and can no longer operate in the state, reports CNBC's Eric Chemi. Casinos have seen big spenders move from traditional gaming to fantasy games.
*Grainger, Honeywell fall after results. *Youku Tudou rises after buyout offer from Alibaba. But Honeywell fell about 1 percent to $97.64 even though it also beat profit estimates.
Oct 16- U.S. stock index futures edged lower on Friday as investors digested results from industrial heavyweights General Electric and Honeywell. *GE's shares fell 1.2 percent to $27.66, while Honeywell was unchanged at $98.50 in premarket trading. *Youku Tudou jumped 22.2 percent to $24.96 after Alibaba offered to buy the video-streaming company for $26.60...
CNBC's Josh Lipton details Wynn's latest earnings report, missing revenue estimates.
Discussing casino and lodging stocks for your portfolio, with Joseph Greff, JPMorgan gaming and lodging analyst.
Amid government scrutiny of daily fantasy sports, more regulations will likely emerge, but it's not clear what form they'll take.
Macau's strong activity over the Golden Week suggests that seasonal casino and gaming trends are intact, says Grant Govertsen, MD at Union Gaming Group.
CHICAGO, Oct 8- Caesars Entertainment Corp's bankrupt operating unit said it will seek bidders for its business while continuing talks with its warring creditors, whose position was strengthened by a key court victory on Thursday. Caesars' operating unit, which runs 38 casinos in five countries and employs 32,000, filed for bankruptcy in January with $18...
CHICAGO, Oct 8- Caesars Entertainment Corp's bankrupt casino unit struggled on Thursday to keep its complex debt-cutting plan on track, saying it had sweetened the payout to its creditors whose position was strengthened by a key court victory. Soon after the company unveiled the modified plan, a U.S. judge in Chicago ruled that creditor lawsuits could proceed...